Ethereum Decentralization and Upgrades Drive Optimism Despite Market Slump

• Lido's share of staked Ether has fallen from 1/3 to 1/4, reducing network concentration concerns • Less concentration raises chances Ether won't be designated a security by SEC • SEC officials said sufficiently decentralized tokens aren't securities • Recent Dencun upgrade should help Ethereum dominance vs other chains • Ethereum aiming to recapture lost market share from previous scaling issues