Ethereum staking leader LDO is gearing up, BlackRock ETF may become the trigger!
Ethereum staking leader LDO has suddenly perked up - while the surface seems calm, there are actually turbulent undercurrents; there's a big show hidden behind this calm!
Lido is the essential 'utilities' in the ETH ecosystem! Holding 25% of the total staked ETH in the market, with a TVL (Total Value Locked) of $41 billion. In simple terms, for every 4 staked ETH, 1 is operated through it, its status in the industry is as solid as a rock.
But before, it was like a repressed 'prince': clearly powerful but the price has been stagnant for a long time.
Until recently, there was a double blessing: At the beginning of August, the SEC decided that liquid staking does not count as securities! Lido, which was scared into a 10% drop a year ago, has finally shed its shackles; giants like BlackRock and Fidelity collectively applied for ETH staking ETFs, aiming to use retail investors' ETH for on-chain 'money generation', directly breaking through the ceiling of traditional finance with double yield play!
Lido is the essential 'utilities' in the ETH ecosystem! Holding 25% of the total staked ETH in the market, with a TVL (Total Value Locked) of $41 billion. In simple terms, for every 4 staked ETH, 1 is operated through it, its status in the industry is as solid as a rock.
But before, it was like a repressed 'prince': clearly powerful but the price has been stagnant for a long time.
Until recently, there was a double blessing: At the beginning of August, the SEC decided that liquid staking does not count as securities! Lido, which was scared into a 10% drop a year ago, has finally shed its shackles; giants like BlackRock and Fidelity collectively applied for ETH staking ETFs, aiming to use retail investors' ETH for on-chain 'money generation', directly breaking through the ceiling of traditional finance with double yield play!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
LDO
1.5313
-0.48%
LINK
26.36
-1.27%