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news-imageFebruary 13, 2025

Altcoins surge as CAKE, S, and LDO lead the crypto market rebound

PancakeSwap (CAKE), Sonic prev. Fantom (S) and Lido DAO (LDO) are the top gainers among 100 largest cryptocurrencies by market cap. CAKE price has spiked more than 40% in the past 24 hours, while S and LDO have notched +17% and +12% to rank among best performing altcoins today.
Publisher: Invezz
Sentiment: Positive
CAKE
LDO

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Positive
cover-imageThe Currency Analytics
February 13, 2025

The Case for CAKE Sustaining Its Uptrend After a 53% Hike

PancakeSwap's native token, CAKE, has been on an impressive run, rising 53% in just 24 hours, with its weekly gains pushing past 100%. This surge comes after a brief decline over the last month, sparking speculation about whether the token can maintain its bullish momentum or if it will face a short-term correction.

Positive
cover-imageCrypto Economy
February 13, 2025

CAKE Price Jumps 34.9% as On-Chain Metrics Show Strength

TL;DR CAKE has risen by 34.9% in 24 hours and over 100% in the last week, reaching $2.87 after a correction phase that brought it close to $1.33. The total value locked (TVL) in the platform has grown by 15.91%, reaching $1.85 billion, with the potential to surpass $2 billion if the trend continues.

Positive
cover-imageInvezz
February 13, 2025

CAKE price gains 65% as PancakeSwap spearheads BNB Smart Chain's revival

Cryptocurrencies displayed optimism on Thursday following Bitcoin's swift rebound after yesterday's US CPI-driven dip below $95K. While top alts Ethereum (+3.55%), XRP (+2.30%), and Dogecoin (+2.80%) recorded significant gains in the past day, PancakeSwap dominated trends. CAKE jumped from its $1.92 opening price to a daily high of $3.2 – a 66.67% jump.

Positive
cover-imageThe Currency Analytics
February 12, 2025

Lido DAO (LDO) Shows Signs of Recovery, Eyes $2.40 Resistance

Lido DAO (LDO) has been demonstrating promising signs of a rebound after recently testing the lower boundary of its established trading channel. Following a price dip to around $1.60, LDO appears to be setting the stage for a potential uptrend, supported by technical indicators.

Positive
cover-imageCrypto Economy
February 11, 2025

Lido v3 to Offer New Staking Controls with Modular Smart Contracts

TL;DR Lido V3 introduces stVaults, a modular feature that allows users to customize staking strategies on Ethereum, adjusting fees, validators, and risk profiles. This update is specifically designed for institutions, node operators, and asset managers, providing greater control and flexibility. Lido strengthens decentralization and competition among validators, while stVaults enable leveraged staking strategies.

Positive
cover-imageCoinPedia
February 11, 2025

Lido Unveils Modular ‘V3' Upgrade with stVaults to Enhance Institutional and Strategic Ethereum Staking

In recent hours, the price of Lido jumped following a significant upgrade. Lido, the leading liquid staking protocol, has launched Lido v3, an update to provide increased flexibility and composability for institutional Ethereum stakers. According to analysts, this upgrade is major step toward Ethereum staking as US awaits staked ETH ETF approval.

Positive
cover-imageCoinPedia
February 1, 2025

Top Altcoins To Buy For February 2025!

The crypto-verse has displayed a strong bullish recovery during the second half of January after recording a strong bearish action during the first half. Following this, the altcoin market has displayed a significant rise in volatility with multiple tokens heading toward a new ATH.

Positive
cover-imageThe Currency Analytics
February 1, 2025

Lido DAO (LDO) Surge: Breakout Potential and Bullish Indicators

Lido DAO (LDO), a prominent player in the decentralized finance (DeFi) ecosystem known for its liquid staking solutions, is currently experiencing an exciting phase of price movement. After several weeks of struggling within a tight price range between $1.50 and $2.00, LDO has recently managed to break through this resistance, marking a shift in market sentiment that could lead to significant price gains.

Negative
cover-imageCoinPedia
January 24, 2025

Lido DAO (LDO) Price Prediction for January 25

Lido DAO's native token, LDO, has captured the attention of crypto enthusiasts following a strong rally in the past 24 hours. However, the token is now testing a key resistance level at $2.10, a level historically associated with selling pressure and price declines. $7.

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