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Sujit Kumar
Jan 20, 2025

Ethereum Co-Founder Says Web3 Boom Will Eclipse Dot-Com Era

Web3 Boom
Joseph Lubin, co-founder of Ethereum (ETH) and CEO of ConsenSys, has made a bold prediction about Web3’s future, stating that its growth will surpass the dot-com boom of the 1990s.

In a recent X (formerly Twitter) thread, Lubin emphasized that Web3’s rise will be a wild yet transformative journey, reshaping industries through decentralization and censorship resistance.

Ethereum’s Role in the Web3 Revolution

Lubin remains highly bullish on ETH, citing its market cap, developer ecosystem, and long-term roadmap as key factors attracting major corporations. He believes blockchains are the next step in technological evolution, predicting that most traditional businesses will migrate to Web3 in the coming years.

“Just as companies had to embrace the internet in the 90s and 2000s, we are on the verge of a Web3 acceleration,” Lubin explained.

Trump’s Crypto Moves: A Strategic Play?

Lubin also commented on Donald Trump’s involvement in crypto, calling his actions “smart.” He suggested that Trump-related ventures could build a major DeFi (decentralized finance) business on Ethereum, reinforcing its dominance in the blockchain space.

As Web3 adoption accelerates, Lubin’s insights highlight Ethereum’s pivotal role in shaping the future of digital finance and decentralized ecosystems.

At the time of writing, Ethereum is trading at $3,419.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Ethereum Co-Founder Says Web3 Boom Will Eclipse Dot-Com Era
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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