‘Summer of Ethereum Love’ Gaining Steam, Says Lubin, But When Will ETH Price Follow?
The post ‘Summer of Ethereum Love’ Gaining Steam, Says Lubin, But When Will ETH Price Follow? appeared on BitcoinEthereumNews.com. Ethereum advocates are confident that the fundamentals are bullish, but investors in the asset remain extremely bearish. “The Summer of Ethereum Love is gaining steam,” said co-founder Joseph Lubin on Wednesday. The Consensys exec said this was due to credibly neutral steward organizations like Ethlabs launching to accelerate ETH’s capabilities through parallel efforts beyond the embattled Ethereum Foundation. He highlighted Ethereum’s 11-year 100% uptime, censorship resistance, permissionlessness, and global neutrality as core advantages for corporations and governments building sovereign network platforms. “Ethereum’s and ETH’s long-term high-value proposition is powerfully coming into focus for many major financial institutions. They are building on Ethereum.” Execs Bullish, Traders Bearish The big endorsement came in response to a post on X by Sharp