#ETHBreaks4000 #USFedNewChair #bitcoin #Augustbullish #XRP SEC Green Light on Liquid Staking Sends ETH Past $4K, Spurs Broad Staking and Layer-2 Rally.

Regulatory clarity fuels surging prices across Ethereum’s staking ecosystem, with layer-2 tokens and optimistic rollup projects posting double-digit weekly gains.

WHAT TO KNOW:

The SEC’s clarification on liquid staking earlier this week continued to boost the sector, pushing ETH above $4K for the first time since December and sparking big gains in LDO and ETHFI.

Ethereum layer-2 networks rallied alongside ETH, with Optimism’s OP up 13% weekly, Blast gaining 6.3%, and Mantle’s MNT soaring 50% on strong adoption of its optimistic rollup technology.

The move could attract institutional capital previously wary of DeFi yield products, and legal experts suggest liquid staking tokens might eventually be included in ETFs.

The U.S. Securities and Exchange Commission's (SEC) clarification around liquid staking continued to lift asset prices across the staking sector this week, with ETH rising to $4K for the first time since December on Friday.

Several layer-2 networks have also been the beneficiary of ETH's recent ascent. Ethereum scaling solution Optimism's native token (OP) rose 8% in the past 24 hours to cement a weekly gain of 13%, rival network Blast also experienced a uptick of 6.3%. $ETH $BTC $XRP $