Attention LDO holders! Now might be the time to rethink your trading strategy

LDO’s price rallied by over 75% in the last week As investors seek out profit, the bears might be getting ready for a re-entry. Lido Finance’s governance token LDO, saw a significant increase in price of 78% in the past week. This made LDO one of the top-performing cryptocurrency assets in terms of gains over … Read more

All about Lido Finance, what the Shanghai upgrade can do, and the threat it faces

Lido’s share of the ETH staking market now sits at 29% The APR offered witnessed a decline as well. Lido Finance [Lido] commenced the 2023 trading year with a slight decline in its market share in the ETH staking ecosystem. The leading liquid Ethereum [ETH] staking platform’s performance was highlighted by Dune Analytics.  Read Lido Finance’s … Read more

Lido Finance: LDO’s reaction to whale accumulation calls for vigilance because…

Ethereum whales lit up interest in LDO as the token price increased The on-chain performance of Lido showed some shortfall. Hence, there might be a need for caution Lido Finance [LDO] garnered a 7.88% price increase in the last 24 hours following Ethereum [ETH] whales’ interest in the token. According to WhaleStats, LDO was one … Read more

Lido’s latest market move could have ETH stand here despite market conditions

Lido [LDO] witnesses a massive uptick in APR Validators on Ethereum also showed interest along with large addresses On 13 November, the Lido proposal led to the surge of the allowable APR from 10% to 17.5%. The proposal at hand also led to Lido stETH APR touching 10.2%. Yesterday, the Lido 143 proposal increased the … Read more

ETH stakers may consider sticking to their safety nets despite 5.5% APR jump 

Since the completion of the Ethereum Merge, sentiment within the community has remained positive, especially for stakers. These cohorts finally witnessed some bullish scenario(s) in their annual percentage rate (APR) earned by staking ETH post the Merge. However, could the peg between stETH and ETH see a constant incline or can history repeat itself? Shoulder … Read more

How did Lido Finance [LDO] do, before and after Ethereum’s Merge

Prior to the Ethereum mainnet Merge, the majority of all Ether (ETH) staked ahead of the transition of the Ethereum network to a proof-of-consensus mechanism was done on Lido Finance.  Interestingly, data from Dune Analytics revealed that at press time, with 4,170,811 ETH staked with the liquid staking platform, it still holds over 30% of … Read more

ETH 2.0: All the latest development investors could capitalize on

With eight days till the end of August, the start of the next month comes with increased anticipation for the most significant event within the blockchain ecosystem in the last year –  the Ethereum Merge or, as many put it, “Ethereum 2.0.”  With 15 September confirmed as the date for the eventual transition of the … Read more

What these divergences mean for LDO’s waning buyers’ interest

With the Ethereum Merge just a few weeks away, happenings around the number one protocol facilitating the staking of ETH – Lido Finance – have become more interesting. Data from Santiment revealed that over the last few months, Lido’s native token, LDO, exhibited divergences in some of its on-chain metrics. In fact, according to Santiment, … Read more

Analysing how Lido became the top ranked DeFi protocol, with TVL over $18B

Despite a plunge in the total value locked in decentralized finance in 2022, Lido Finance continues to see a spike in TVL since 1 March, 2022. It achieved one milestone after the other as the year progressed. In fact, since the starting of this month, the protocol gained 18% in total value locked. On that … Read more