Ethereum’s Co-Founder Has a 2-Year ETH Prediction

Ethereum co-founder Joseph Lubin predicted that demand for ETH will outpace supply over the next two years as Wall Street institutions move into the asset, while Arca CIO Jeff Dorman publicly questioned the token's value proposition. The divergence in views comes as ether trades near $2,500 and the network's total value locked sits above $60 billion across DeFi protocols, with spot ETH exchange-traded funds in the U.S. drawing steady but modest inflows. Lubin's thesis rests on institutional adoption and constrained issuance, while Dorman's skepticism centers on whether ETH accrues value from network activity. The debate matters because it frames how investors weigh ether's monetary and utility case ahead of further ETF flows and Layer-2 growth. What to watch next: whether institutional inflows accelerate and whether ETH's supply dynamics tighten as staking and burn rates shift.