According to BlockBeats, Ethereum co-founder Joseph Lubin stated that Wall Street will participate in staking, and Ethereum will replace many independent systems. Wall Street firms need to operate on a decentralized track, engaging in staking, validating nodes, DeFi, etc.
Lubin believes that L2 will not eat into L1, and the price of ETH may rise 100 times in the future, or even more, surpassing BTC's monetary base. He has a friendly relationship with Tom Lee but thinks Tom Lee's bullish stance on ETH is not strong enough.
