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Evaluating Lido Finance’s growth potential and its future plans

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Evaluating LidoFinance's [LDO] growth potential and its future plans

Ethereum’s layer 2 networks solve some of the biggest challenges of the mainnet, such as enabling faster and cheaper transactions.

The official announcements for L2s support might encourage speculative trades as has been the case in the past. This is because institutional investors often want to be involved in decisions that protect their interests.This reflects in its market cap which experienced sharp outflows.

 

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