The SEC took action against the pledge sector, causing the price of LDO to fall sharply. SSV may also be affected by this incident. Investors holding SSV are advised to consider reducing their positions to avoid risks and wait for the incident to subside before considering re-entering the market. At the same time, it is necessary to pay close attention to fundamentals and market developments.
The targets of the SEC's investigation this time are mainly LDO and RPL in the traditional pledge track. In contrast, SSV, as an innovative project of distributed pledge, is not subject to centralized control and is therefore not directly targeted by the SEC. LDO has become the focus of the SEC in particular because of its high proportion of pledged ETH, which is normal to some extent. This incident may have an impact on the entire pledge track and even the re-pledge track ETHFI, but as time goes by, market sentiment may gradually subside and the industry will become active again.
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