Ethereum is quoted at $ 4,464, 0.36% more in the last 24 hours, with a daily negotiation volume of $ 22.9 billion. The second largest cryptocurrency in the world has a live market capitalization about $ 536 billion, but according to the CEO and co -founder of Ethereum of consensys, Joseph Lubin, that figure could only be the beginning.
Speaking on August 30, Lubin said Ethereum could grow 100 times its current value, driven by the adoption of the decentralized technology of Wall Street. He argued that Eth could eventually overcome Bitcoin’s monetary base, a prediction often known as the “Flipping” has long weakened.
Lubin believes that Ethereum will become the backbone of financial markets as banks integrate commitment solutions, validator nodes and layer 2 escalation to replace their obsolete infrastructure.
The great institutions such as JPMorgan, which still operate multiple systems of past acquisition silence, could save billions by changing Rails based in Ethereum.
Why Wall Street is important for eth
Lubin backed the fears that the scale networks of layer 2 would weaken the base of Ethereum layer 1. Instead, projects such as the line and burning test as evidence that the scale efforts strengthen, do not cannibalize, the base chain are noted.
For him, the role of Wall Street will be fundamental. When executing validators, write intelligent contracts and adopt Defi processes, banks gradually move to Ethereum Rails. In his opinion, this is not a niche experiment, it is the next evolution of finance.
Key points of Lubin’s Outlook:
- The adoption of Wall Street could multiply the value of ETH per 100.
- Banks such as JPMorgan can reduce costs by adopting Ethereum -based systems.
- Cap 2 networks are expected to reinforce the Ethereum base layer.
- ETH could overcome Bitcoin’s monetary base in the next market cycle.
Technical configuration of Ethereum (ETH/USD)
Ethereum’s pricing prediction shows strength after bouncing the trend line support about $ 4,265. In the four -hour table, ETH continues to respect an ascending line of trend, building a higher minimum bullish structure.
The RSI has returned to 51 after the fall of last week, showing a return of a constant purchase pressure. The MACD is reducing its negative propagation, pointing out a possible bullish crossing. Recent candelabros close to support resemble rotating tapas, patterns that often mark the inflection points when confirmed by volume.
The immediate resistance is at $ 4,665, followed by $ 4,865. A clean rupture above $ 4,865 would pave the path to the psychological level of $ 5,100. However, it does not have a trend line support, they are risking the setbacks at $ 4,265 or $ 4,070.
For merchants, the risk reward configuration remains inclined towards the rise. A rupture above $ 4,665 could point to $ 5,100 in the short term, with medium -term scenarios that point to much higher valuations if Lubin’s thesis develops. In his words, “eth probably 100 times from here. Probably much more.”
Bitcoin Hyper presale ($ Hyper) combines Bitcoin’s security with solar speed
Bitcoin Hyper ($ Hyper) is being positioned as the first native Bitcoin layer fed by the Solana virtual machine (SVM). Its objective is to expand the Bitcoin ecosystem allowing low -cost intelligent contracts, decentralized applications and even the creation of memes currencies.
By combining Bitcoin’s unmatched security with the Solana high performance framework, the project opens the door to completely new cases, including the BTC bridge without seams and the development of scalable DAPP.
The team has put a strong emphasis on trust and scalability, with the project audited by consultation to provide confidence to investors in their foundations.
The impulse is being built quickly. The presale has already crossed $ 13 million, leaving only a limited allocation still available. In today’s stage, hyper tokens have a price of only $ 0.012835, but that figure will increase as the presale progresses.
You can buy Hyper Tokens on the official Bitcoin Hyper website using Crypto or a bank card.
Click here to participate in the presale
The price prediction after Ethereum: Joseph Lubin trusts a ‘100x’ rally and a Flipping BTC first appeared in Cryptonews.
