The SEC's stance against two Ethereum-based staking protocols has caused significant turmoil in the market. When it was announced last summer that Lido and Rocket Pool were providing securities services, the prices of these two projects plummeted sharply.



According to the statement, investors were acting with profit expectations when depositing Ethereum into these platforms, which classifies their investment as an investment contract. The SEC's harsh decision led to rapid and deep declines. LDO lost 23% of its value, while RPL experienced an 8% drop. Subsequently, hundreds of thousands of dollars in liquidations occurred.

In fact, the SEC's previous claim that Ethereum itself is a security had already sparked controversy. However, Ethereum's definitive status remains unclear. This uncertainty and the aggressive SEC move have raised questions about the future of staking protocols.
ETH-0.14%
RPL0.74%
LDO-1.6%
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