JPMorgan Chase: Lido's declining stake share may help ETH get rid of the security label

JPMorgan analysts led by Nikolaos Panigirtzoglou pointed out in the latest analysis report that Lido’s share of ETH staking has further declined from about a third a year ago to about a quarter currently, which should reduce people’s Concerns about centralization issues in the Ethereum network, thereby reducing the likelihood of Ethereum being designated as a security in the future. (TheBlock)