Ethereum’s role in the digital financial system is no longer speculative, but fundamental. According to Joseph Lubin, co-founder of Ethereum, the network has evolved into a global “master ledger,” a neutral, endurable, tamper-proof base that can support the next generation of financial infrastructure.
His comments are as hard data reveals the explosive growth of US financial products in the chain, built overwhelmingly in Ethereum.
Ethereum Layer 1 will be the master ledger for 🌎🌍🌏.
You are not permitted to inspect, use, or add data or features.
Reliable neutral.
Censorship resistant.
Tamper resistance and tampering are obvious (through thrashing and transparency).
Continuously and gradually decentralized… https://t.co/jmahhpk2na
– Joseph Rubin (@ethereumjoseph) June 19, 2025
Vision: “Master ledger” backed by hard data
Lubin responded to the virus thread by Etherealize, highlighting the imminent passage between the US Stablecoin Bill and the Tradfi agency.
Related: ETH Treasury could crash like ETF, analysts say
In particular, real-world numbers support the story. The tokenized financial market, which reflects the on-chain harvest production of money market funds, has inflated 400% over the past year, and is now over $7 billion.
Buidl, the largest such fund, holds $2.9 billion in the tokenized Treasury Department. Of these, an astounding 93% are based on Ethereum.
Technical Outlook: Ethereum Eyes Breakout Level
According to the daily charts, Ethereum (ETH) is trading around $2,520 and hovering within tough integration range following a strong move from the $2,446 support zone. Fibonacci’s retracement levels show immediate resistance at 0.618 FIB levels, close to $2,788, with bullish targets at $2,934 (1.0 FIB expansion), $3,236 (1.618 FIB), and $3,724 (2.618 FIB).
However, with the RSI at 53.81, the technical momentum indicator reveals a pause in bullish strength, indicating neutral momentum without a clear over-buying or excess signal.
Related: Ethereum prices drop by 10%, but on-chain data shows that whales know something big
Meanwhile, the MACD line is flattened, with the MACD line slightly below the signal line, suggesting an indecisive or potentially bearish crossover, unless momentum is restored.
Disclaimer: The information contained in this article is for information and educational purposes only. This article does not constitute any kind of financial advice or advice. Coin Edition is not liable for any losses that arise as a result of your use of the content, products or services mentioned. We encourage readers to take caution before taking any actions related to the company.