Lido, Ethena rally more than 10% as traders snap up cheap staking tokens

Lido (LDO) surged by 14%, while Ethena (ENA) saw a remarkable 15% increase as traders capitalized on lower prices.

The rally follows a sentiment shift among traders, suggesting a potential buy signal influenced by the SEC’s supportive stance on liquid staking.

Trading volumes jumped significantly, with ENA reaching 1 billion USD and LDO climbing to 256 million USD, resonating with increased market activity.

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