Lido DAO Experiences Major Surge as SEC Ruling Fuels Liquid Staking ETF Prospects

A recent regulatory victory has propelled Lido DAO’s value by 54% in a single week, with the decision removing a long-standing barrier to entry for liquid staking products within ETFs. This development is expected to significantly impact Lido’s position as the largest liquid staking protocol, attracting institutional investors who were previously hesitant due to the uncertainty surrounding regulations. The surge comes at a time when Ethereum prices are soaring, further boosting Lido’s revenue.