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 companies need to operate on a decentralized track, participating in staking, validating nodes, DeFi, etc.
Lubin believes that L2 will not cannibalize L1, and the ETH price may rise 100 times in the future, or even more, surpassing BTC's monetary base. He has a friendly relationship with Tom Lee but believes that Tom Lee's bullish outlook on ETH is not enough.
