Ethereum co-founder Joseph Lubin predicts the “flippening,” where Ether could surpass Bitcoin’s market cap. This belief is fueled by the growth of Ethereum treasury firms and rising optimism, with experts like Tom Lee suggesting Ethereum could flip Bitcoin in network value. The tokenization narrative on Wall Street further boosts Ethereum’s potential.

As of now, Ethereum’s market cap stands at $531 billion, only 22% of Bitcoin’s $2.4 trillion. However, the mood is shifting towards Ethereum again, with experts projecting significant price increases. The tokenization narrative gaining traction on Wall Street could lead to massive inflows into Ethereum, potentially driving the asset to new highs.

Ethereum is poised to benefit from the tokenization narrative, as it holds 55% of the market share as the preferred tokenization venue. This market share could increase to nearly 80% when considering Layer 2 chains like ZKsync Era and Arbitrum for Ethereum. Recent moves by companies like Robinhood choosing Arbitrum for tokenized stock trading indicate growing interest in Ethereum.

Price projections for Ethereum are optimistic, with experts like Tom Lee suggesting short-term surges to $7,000-$15,000 and the potential for long-term valuations exceeding $20,000. With ETH trading near $4,300, a 200% increase from its April low, the asset is close to its $4,900 price record. The surge is driven by treasury buys, ETF inflows, and the tokenization hype.

The growing interest in the tokenization narrative could be the catalyst for Ethereum to achieve the symbolic flippening milestone, surpassing Bitcoin’s market cap. With the increasing utility and potential of Ethereum in the evolving financial landscape, the future looks promising for the second-largest cryptocurrency.

Read more at Yahoo Finance: ETH To Surpass BTC In Market Cap Soon? Ethereum Co-Founder Joseph Lubin Predicts ‘Astonishing Things’ In The Next Year