LDO may give the bulls an edge; is Lido's lead on this front the reason?
Despite the slowdown in the cryptocurrency market in Q3, Lido has managed to maintain its lead on the ETH staking front. Additionally, with a slight recovery on the price front, LDO bulls may finally be ready to take over.
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Timeline of Lido-dao
The new and improved Lido V2 — What's the difference? - Blockworks
Often compared to replacing an airplane engine while in flight, the overhaul of Ethereum's consensus mechanism from proof-of-work to proof-of-stake — without downtime — was no small feat.
Grayscale Adds Lido's LDO Token to Defi Fund, Token Becomes Second-Heaviest in Fund's Basket - Bitcoin
On July 7, 2023, the digital asset manager Grayscale Investments published an update on three of its funds — the Digital Large Cap Fund, the Defi Fund, and the Smart Contract Fund.
Grayscale Investments ramps up DeFi interest with Lido addition - Cryptopolitan
In a significant move, Grayscale Investments, the world's largest digital asset manager, has expanded its Decentralized Finance (DeFi) Fund with the inclusion of Lido (LDO). The addition bolsters the prominence of liquid staking services, spotlighting a potentially transformative trend in the broader crypto ecosystem.
Grayscale Adds Lido to DeFi Fund, Signaling Growing Institutional Interest in Liquid Staking - EWN
Grayscale Investments, the world's largest digital asset manager, has added Lido (LDO) to its DeFi Fund (DFX). The addition of LDO to the Grayscale DeFi Fund demonstrates growing interest in liquid staking services.
Lido (LDO) Sustains Weekly Run With 16% Gain – What Fuels It? - NewsBTC
Lido (LDO), a prominent player in the decentralized finance (DeFi) space, has emerged as a frontrunner in the rapidly expanding Liquidity Staking Derivatives (LSD) sector. Amidst the turbulence caused by the highly controversial lawsuit filed by the US Securities and Exchange Commission (SEC) in June, the decentralized finance (DeFi) sector has found itself in a state of uncertainty and caution.
Digital Assets: Synthetix Adds Lido Finance's stETH as Asset for Leverage Trading on Synthetix Perps - CrowdFundInsider
Synthetix is pleased to announce the addition of Lido Finances' stETH as the latest asset for leverage trading on Synthetix Perps. This new perpetual futures market “has been approved by SIP 2021 and had parameters set in SCCP 2015.
Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked - Bitcoin
On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate.
LDO Leads Top Coins, Registers 6% Gains In One Day - NewsBTC
Lido DAO (LDO) price gains today suggest the bulls are determined to push it to the $2.5 mark as the broader crypto market cap increased in the last day. LDO has joined the top-gaining coins today, June 7, with an over 6% price increase over the past 24 hours.
Market Recap on the Top Performing Altcoins for the Week – XRP, LDO and LUNC - Coingape
The digital currency ecosystem is wriggling out of the mixed performances exhibited in the past week as it prepares to kickstart the new week on a bullish note. While in the past week many altcoins recorded huge losses, three digital currencies including XRP, Lido DAO (LDO) and Terra Classic (LUNC) recorded impressive growth in the
Liquid Staking Protocol Lido's Defi Dominance Swells From 7% to 26% in 12 Months - Bitcoin
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido's market dominance has significantly increased over the last 12 months to its current 26.18% share.
