cryptonews.net
Following its recent placement on Binance's trading list, RocketPool is currently generating news after reaching a 7-month high. According to Alex, CEO of NuggetsNewsAU, the Rocket Pool team's efforts were paying off as seen by the Binance listing today. According to him, they have been persistently positive on that project for many years, since $RPL has increased 100x since first coverage. Alex predicts that the future market cycle will be centered on decentralizing every layer of the $ETH stack.
Decentralized Ethereum (ETH) liquid staking derivatives are provided by Rocket Pool, which is a provider. Rocket Pool collects ETH for staking alongside smart node operators and stakers, and then returns ETH to the stakers so they may continue to exercise control and liquidity over their staked tokens. Smart node operators also contribute to the pool. Having the utility and governance token RPL is necessary in order to operate a node.
Binance, whose audits have already garnered criticism, recommends that after the debut of the token, its price is expected to move dramatically. RPL is a relatively new token that suggests more risk than is customary. Before deciding to trade the token, the business strongly recommends that potential buyers and sellers engage in adequate risk management practices first.