Ethereum co-founder and CEO of the Consensys Joe Lubin believes that ETH could eventually become more valuable than Bitcoin (BTC), with reference to its usefulness and the role in building a confidence-based financial infrastructure.
Lubin made the comments during an appearance on the Fomo Hour of Trug Radio podcastWhere he also revealed that Consensys is in conversation with sovereign power funds and large banks in a “very large” country to build infrastructure in the Ethereum ecosystem.
These conversations are said to be aimed at building institutional infrastructure within the Ethereum ecosystem, including both Layer-1 and adapted Layer-2 solutions.
Lubin has framed Ethereum as uniquely positioned to anchor the next phase of the global financial system. He added that the usefulness of ether, ranging from expanding and recovering to smart contract version, could give it a lead as setting settings to blockchain-based infrastructure.
Institutional Ethereum -Good Inspection
The comments follow the lead role of Consensys in a $ 425 million private investment in listed Sharplink -Gaming last week.
The company, which brings online gaming products to the market, will use the capital to set up a treasury mixed treasury by Ethereum. Lubin is now chairman of the Sharplink board.
In contrast to strategies aimed at long-term Bitcoin accumulation, the Treasury of Sharplink will actively use ETH by “deporting, recovering and Defi at careful risk levels,” said Lubin.
The move is one of the first of its kind and can indicate a broader shift in how public companies and institutions approach Ethereum.
Sharplink’s shares rose more than 400% after the announcement and more than 900% increased in the past month, despite the recent volatility.
Most trusted, programmable assets
Despite recent underperformance compared to Bitcoin and newer challengers such as Solana (SOL), Lubin Ethereum depicted as the network aimed at long -term infrastructure. The comments come in the midst of a revival in ETH, which surpasses the flagship crypto in recent weeks.
He characterized the protocol as a methodical building of the basis for scalable, Defi, even if it has missed the loud stories that donate the short -term attention to cryptom markets. With sovereign funds that show interest in building financial infrastructure on Ethereum, the conversation shifts.
If governments start to integrate Ethereum into their technological piles, or even keep ETH as strategically active, this can redefine the competitive landscape with digital currencies.
Lubin concluded with the opinion that the value of Ethereum is not only in its price, but also in his position as the world’s most trusted programmable active. If trust, usefulness and capital converge, the possibility of surpassing Bitcoin in value no longer seems to be far -fetched.
