According to CryptoSlate, Joe Lubin, co-founder of Ethereum and CEO of Consensys, believes that Ethereum may ultimately be more valuable than Bitcoin, as he points out its practicality and role in building trust based financial infrastructure. He also revealed that Consensys is in talks with a major sovereign fund and major banks of a certain country to collaborate on developing institutional level infrastructure for the Ethereum ecosystem, including L1 and customized L2 solutions.
Although Ethereum has performed worse than Bitcoin and others recently, Lubin sees it as a long-term infrastructure network. With the increasing interest of sovereign funds in building financial infrastructure on Ethereum, if governments begin to integrate Ethereum or redefine the competitive landscape of digital currencies. Lubin concluded that the value of Ethereum lies not only in its price, but also in its position as the world's most trusted programmable asset.