🚀 Undervalued Ethereum: Joseph Lubin Reveals the True Potential of ETH 🔥
Joseph Lubin, co-founder of Ethereum and founder of ConsenSys, claims that the market has yet to fully value ETH, despite the more optimistic models. Ethereum is consolidating as a "global layer of trust" that drives decentralized finance, artificial intelligence, and global trust systems. 🌐💡
Why is ETH undervalued?
• Ethereum is the key infrastructure for smart contracts, staking, decentralized identity, and collateralized lending.
• Lubin compares ETH to "digital oil," essential for the functioning of decentralized systems and economic coordination. ⛽️💻
• Recent upgrades, such as the Pectra hard fork and the Callisto upgrade from Arbitrum, enhance Ethereum's scalability and usability. ⚙️✨
Institutional support and growing adoption
• Over $35 billion in financial products linked to ETH show solid interest.
• Some lenders in the U.S. already accept ETH as collateral for mortgages, marking a move towards integration with traditional finance. 🏠💰
Lubin concludes that ETH is "vastly undervalued" in relation to its long-term utility and its role in the convergence of tokenized assets, AI, and machine economies. 🌟📈
Ethereum is not just a cryptocurrency; it is the foundation of the digital future! 🚀🔗