Rumors revealed by Brian Armstrong, CEO of Coinbase, the largest US crypto exchange, triggered the rise in some altcoins.
Rumors that the staking service for altcoins like Ethereum (ETH) will be banned by the Securities and Exchange Commission (SEC), brought up by Coinbase CEO Brian Armstrong, has increased interest in decentralized liquid staking protocols.
Users who think that the staking service will be blocked by the USA, offer decentralized liquid staking service. Lido DAO (LDO), Rocket Pool (RPL) And pStake Finance (PSTAKE) increased its investments in projects such as CoinGecko Total market value of liquid stake tokens in the last 24 hours based on data 5.9% rate increased.With the spread of these allegations, LDO from $2.50 approximately 18%with the rise of $2.93 reaching the level RPL, $42.1 from the level 14%with a rise of $47.95 saw the levels. exhibiting a similar PSTAKE, 0.159 about the dollar 18%with the rise of 0.189 dollars reached.
An alternative to traditional staking methods liquid stakingallows users to stake any amount of ETH they want. In this way, users next month planned to happen Shanghai upgrade They don’t have to wait for developments.
On the other hand, because of the Shanghai escalation of these allegations, a short time before put forth did not go unnoticed by investors.