Joe Lubin forecasts a 100% rise in crypto value as decentralized systems gain wider adoption.
Lubin supports Ethereum treasury growth to increase Ether scarcity and ecosystem sustainability.
He said new SEC leadership may unlock Ethereum development by easing token issuance barriers.
Ethereum founder Joe Lubin and ConsenSys CEO has predicted that Ethereum and Bitcoin will have a solid long term performance. According to him, major cryptocurrencies are likely to be doubled since decentralized systems are getting more proliferated. His remarks favour a long term trend towards the centralized systems in the world of blockchain platforms.
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Lubin addressed this change during a recent event, stating that decentralization is beginning to shape how value is created and shared. He noted that decentralized platforms allow for transparent, secure, and direct user interaction without intermediaries. According to Lubin, the growing adoption of these systems is driving lasting demand for blockchain-based assets.
Ethereum and Bitcoin Positioned for Continued Growth
In a report by AInvest, Lubin referred to Bitcoin as store of value going long, and Ethereum as the engine of decentralised applications. Developed to support smart contracts and the Web3 infrastructure, Ethereum is already adopted by such developers, financial firms and institutions around the world.
According to him, the two networks will be the pillars of the future internet infrastructure and finance systems. He emphasized that demand for these technologies is rising not only from retail users but also from institutional actors. This includes companies looking to explore decentralized finance, tokenized assets, and blockchain-based governance models.
Ethereum Treasury Activity Could Drive Supply Pressure
Lubin also commented on Ether’s availability and utility across the network. He said that although a large amount of Ether is in circulation, it remains underutilized. This view led him to support SharpLink Gaming, a company focused on developing Ethereum-based treasury strategies. Lubin chairs the firm.
He explained that Ethereum treasuries could eventually affect supply and demand by accumulating and holding more Ether. As more Ether is locked in treasuries, its scarcity could increase, especially as new decentralized applications are developed. Lubin said Ethereum’s infrastructure is now advanced enough to support such activities.
Regulatory Landscape Opens New Possibilities
Lubin also addressed past regulatory challenges. He said that previous leadership at the U.S. Securities and Exchange Commission created barriers for token-based projects on Ethereum. According to Lubin, this slowed development and discouraged token issuance within the ecosystem.
However, he noted that the SEC’s recent leadership changes have resulted in a more supportive stance. He said tokenization is now being recognized as a technological advancement, not a regulatory risk. This change, he said, could clear the way for increased adoption and use of Ethereum.
Lubin finished by making such claims that Ethereum is scaleable, legal in the U.S., and economical. According to him, these characteristics make it ready to embrace a new round of applications since decentralized systems are increasingly being employed.
