馃敟 Rally Report 馃敟
LIDO DAO
The price of LDO has rallied by 30% in the past 24 hours.
WHY?!
馃搱 Part of a larger rally among Ethereum ecosystem projects as favourable regulatory developments have increased the likelihood of approval for Spot Ethereum ETFs.
鈥硷笍 Notably, sources have stated that the SEC is asking exchanges to update 19b-4 filings on an accelerated basis, suggesting potential progress toward spot Ether ETF approvals.