Earnings Surprise: Lido’s StETH Dominance Becomes a Double-Edged Sword as Q2 Revenue Misses Expectations
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Hook: The 9% Post-Earnings Plunge Nobody Saw Coming On July 28, 2024, Lido...
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Fear
Market Sentiment
Block reward halving event
Circulating supply increases by about 2%
Raises validator limit and account abstraction
Team and early investor shares released
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Block reward reduced to 3.125 BTC
92 million ARB released
Bitcoin Season