Why Ethereum Bulls Are Turning to LSD

The second week of the new year has been a heady week for the coins, with Bitcoin, Ethereum, and Solana racking up serious gains.

Zooming in closer, however, the market’s biggest winners are none other than liquid staking tokens, also called “liquid staking derivatives” (LSD).

The tokens behind projects like Lido Finance (up 50.3%) and Rocket Pool (up 23.3%) have absolutely soared over the last few days. The reason?…