STETH shows momentum amid upgrades and institutional interest – here's the latest: • STETH rose 6.09% to $2,048.42 (14 February 2026) as V3 Phase 2 launched stVaults for custom institutional staking • Institutional adoption accelerated with new stETH-based ETPs, though market share fell from ~80% to 28.5% amid competition • Regulatory risks from 2024-2025 DAO rulings and bearish technical indicators (72% bearish) create valuation headwinds • Protocol generates ~$880M annual revenue with 3-4% APY, with a $19.57B market cap ranking it 9th globally • Roadmap includes validator marketplace (ValMart) and potential LDO buybacks if ETH exceeds $3,000 and revenue hits $40M

