LDO faces the prospect of a “sell the news” event following the big “Merge” day.
Ahead of Ethereum’s biggest upgrade ever, the leading staker’s native token was in worrying territory. Lido happens to be the most popular Ethereum 2 staking-as-a-service provider. In fact, 31% of the entire amount of ETH staked is via Lido, according to a recent report by Nansen.