LDO price briefly surged nearly 10% due to news from the Ethereum Second Foundation, now reported at $1.929. Lido founder Konstantin Lomashuk established the Ethereum Second Foundation to strengthen support and development for the Ethereum ecosystem.

BlockBeats News, January 22nd, according to HTX market data, possibly affected by the Ethereum Second Foundation news, LDO saw a short-term nearly 10% increase before retracing, now trading at $1.929. BlockBeats previously reported that Lido founder Konstantin Lomashuk has established the Ethereum Second Foundation, aiming to strengthen support for and development of the Ethereum ecosystem.

LDO temporarily surged nearly 10% due to news from the Ethereum Foundation.