1confirmation founder says ETH has 333x upside potential
September 04, 2026, 11:39 AM
Nick Tomaino, founder of crypto venture capital firm 1confirmation, said ETH has 333x upside potential. Tomaino argued in English that as a trustworthy and neutral store of value, Ethereum is the only cryptocurrency in the world with value above $100 trillion, and with its current market capitalization at just $300 billion, that implies 333x upside.
He added that, aside from Bitcoin and Ethereum, the remaining coins are corporate-owned tokens characterized by insider-driven price manipulation, ties to specific jurisdictions, and heavy reliance on business development and top-down marketing. Tomaino also said Ethereum has the most socially scalable structure in the crypto ecosystem, adding that Robinhood Chain L2 is proving this by expanding the EVM network effect and decentralizing Ethereum.
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