Co-founders of Etherealize, Vivek Raman and Danny Ryan, believe that Ethereum is currently leading the race in modernizing the global financial system for institutions. According to them, more than a decade of practical “trial by fire” has helped Ethereum become the most secure and reliable public blockchain platform for Wall Street, as evidenced by major institutions like BlackRock, Fidelity, and JPMorgan continuously choosing Ethereum for on-chain activities, despite the rise of alternative blockchains like Solana.
Raman and Ryan particularly emphasize the role of the GENIUS Act in creating a legal breakthrough in the US. This legislation is believed to have removed legal risks associated with the use of stablecoins and tokenization on public blockchains, thereby opening a long-term growth trajectory for the entire sector. According to Raman, the GENIUS Act sent a clear signal to banks and brokerage firms that blockchain infrastructure is no longer a “legal gamble,” allowing traditional finance to start tokenizing billions of dollars in assets such as money market funds on Ethereum without waiting for a more comprehensive market legal framework.
Regarding price prospects, Raman is especially optimistic, suggesting that ETH could be revalued from its current market capitalization of a few hundred billion USD to several trillion USD in the coming years, potentially reaching $15,000 per ETH. This argument is based on three main pillars: the stablecoin market growing fivefold, traditional assets tokenizing at a similar rate, and Ethereum gradually becoming a store of value asset capable of generating yield, similar to Bitcoin’s role. Ryan also affirms that Ethereum is technically ready, with protocol upgrades, Layer 2 solutions, and zero-knowledge approaches helping to meet the scalability and privacy requirements of large organizations.
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