CoinDesk reports that the U.S. Securities and Exchange Commission (SEC) has clarified its stance on liquid staking, leading to a surge in asset prices across the staking sector. This week, Ethereum (ETH) reached $4,000 for the first time since December, while several layer-2 networks also saw an increase in value. Optimism’s native token (OP) rose 8% in the past 24 hours, with a weekly gain of 13%, while Blast experienced a 6.3% uptick. Mantle, which uses optimistic rollups for off-chain transactions before settling them on the Ethereum mainnet, saw its MNT token jump by 50% in the past week. The staking sector as a whole has outperformed the wider market, with LDO up 12.3% and ETHFI up 5.4% in the past 24 hours. The SEC’s clarification on liquid staking could potentially attract institutional capital, as it provides a clear regulatory framework for earning yield through DeFi. This could also pave the way for liquid staking tokens to be included in an ETF, according to Jito’s legal team.
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