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Here’s why the growth of token staking could be bullish for Lido (LDO)

A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Here’s why the growth of token staking could be bullish for Lido (LDO)

A renewed focus on decentralization, the steady growth of DeFi’s liquid staking sector and investment from institutions could benefit LDO token in the long-term.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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