The most underestimated quality project in the Ethereum ecosystem: LDO [Leader in the Staking Sector]
LDO has performed poorly over the past year, primarily experiencing fluctuations and declines. However, with BlackRock's submission of an ETF for staking and the gradual strengthening of Ethereum, there has been an upward trend.
I personally see several positive points for LDO moving forward:
①: The beta structure of the Ethereum ecosystem will lead to a rapid increase in Lido's protocol revenue as the price of Ethereum rises strongly.
②: The increase in Ethereum staking scale will drive a recovery in liquid staking, and as a leader, LDO stands to benefit the most.
③: Continued inflow of on-chain funds, with sufficient time for accumulation at the bottom.