The utility-based altcoins have gained significant traction in the recent past since the inauguration of pro-crypto US President Donald Trump.

The crypto market has shifted from bearish to bullish in the second half of the week, improving overall conditions for altcoins. This shift in sentiment has driven strong gains for select assets fueled by rising demand.

A widely followed crypto strategist and trader thinks that rallies are in sight for two altcoins amid upcoming catalysts. Pseudonymous trader Pentoshi tells his 847,800 followers on the social media platform X that he thinks the Ethereum (ETH)-based automated staking service Lido DAO (LDO) is gearing up for a steep move up.

Lido DAO (LDO) has been on a remarkable upward trend recently, seeing a 27% increase in the past week. As of today, the token is trading at $2.14, reflecting a 10.06% gain in the last 24 hours.

Lido Dao has experienced a strong upswing over the past week, hiking by 27%.

Here is how some of your favorite assets concluded the week.

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.

Lido DAO (LDO) is experiencing a 12% price surge, trading at $2.08 after weeks of sideways momentum. The altcoin remains stuck under a month-long barrier of $2.20, unable to break out.

Contrary to expectations, the crypto market has largely experienced consolidation since Donald Trump's January 20 inauguration. Leading assets have remained range-bound, with little dramatic price movement.

A Pepe Coin whale appears to be betting big on Lido DAO, which has also contributed to the recent 18% rally in LDO price. Notably, Lido DAO has gained significant attention from a flurry of investors lately, as evidenced by the recent accumulation trend of the token.

Lido DAO (LDO) has made notable strides in recent days, fueled by significant whale accumulation and growing investor optimism. As LDO's price sees a steady increase, the token's trajectory is drawing attention, particularly after a whale moved to acquire millions of tokens.

Konstantin Lomashuk, the founder of the Lido staking protocol, has shut down rumors that he has created a second Ethereum Foundation. The address follows reports that Lomashuk had hinted at creating the organization.

Lido founder Konstantin Lomashuk's “Second Foundation” idea has generated significant discussions. Through this new idea, people talk about Ethereum's leadership structures and the need for fresh ideas.

Lido's Konstantin Lomashuk said "no actual second foundation has been created yet," following rumors of a splinter organization.

Konstantin Lomashuk, Lido Finance's co-founder, teased a “Second Foundation” for Ethereum as the community debated ongoing changes to administrative structures.

Lido DAO whale has accumulated 2.72 million LDO tokens worth $4.9 million over the past day.

Vitalik Butern's proposal for an Ethereum Foundation restructuring has unveiled deep rifts within the network's community.

Lido founder Konstantin Lomashuk created a “Second Foundation” for Ethereum as the blockchain is going through leadership debacles.

While retail investors are buzzing about AI and meme coins, whales stack up on DAO (Decentralized Autonomous Organization) tokens like Lido DAO ($LDO) and Aave ($AAVE). Yesterday, a whale bought 2.72M $LDO, bringing their total holdings to 5.565M tokens.

Lido DAO (LDO) token dropped around 3.3% in the past 24 hours as a whale bought 2.7 million LDO at an average price of $1.82.

London, United Kingdom, 15th January 2025, Chainwire

DeFi giant Lido on Wednesday announced a significant development in association with Deutsche Borse's crypto arm, Crypto Finance AG. It essentially underscores the mission of Lido to expand the access of staked ETH to institutional investors.

Lido DAO (LDO) has captured the attention of the crypto community recently, as its price action has drives significant bullish potential. After breaking out of a falling wedge pattern, LDO's price trajectory is being closely watched by traders, with key support and resistance levels forming the backbone of its future movement.

Lido DAO's token has broken out of a falling wedge pattern with increasing market participation, showing a 50% recovery from recent lows

LDO's bullish outlook emerges from a falling wedge breakout, supported by strong volume and key support at $1.88.

In October 2024, the volume of ethereum locked into liquid staking platforms surpassed the 14 million ether threshold. However, as of 2025, the total ETH held in these protocols has fallen below the levels recorded at the end of November. As of Sunday, Jan. 5, 2025, approximately 13.

Lido DAO (LDO) has made a significant impact on the cryptocurrency market by introducing liquid staking, allowing users to stake Ethereum (ETH) without losing access to their funds. This innovation has brought a wave of new opportunities for both retail and institutional investors.

LDO and DYDX are among the top gainers in the past 24 hours as cryptocurrencies look to end the year on a high. This is amid expectations of a further bull market rally in 2025, buoyed by a pro-crypto Donald Trump administration.

Story Highlights The live price of Lido Dao is With a surge, Lido Dao could go as high as $4.92 in 2025. LDO price with a potential surge could reach a maximum of $11 by 2030. As staking becomes more popular in the crypto world, Lido DAO is changing the game with liquid staking.

Aave and Lido together have surpassed $70 billion in net deposits for the first time in history, as per Token Terminal.

Money market Aave and liquid staking protocol Lido surpassed $70 billion in net deposits in December for the first time, according to data from TokenTerminal. As of press time, the two largest DeFi protocols hold a total $67.42 billion.

Lido Finance is ending its Polygon staking operations after a community vote, halting stMATIC rewards immediately and giving users until June 16, 2025, to withdraw through their frontend interface, after which only explorer tools can be used for withdrawals.

The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec.

Lido's liquid staking on Polygon will end in 2025.

The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher.

Lido has announced the discontinuation of its staking services for the Polygon proof-of-stake (PoS) chain, following a community-approved vote in November.

Lido has officially begun the phase-out of its staking services on the Polygon Proof-of-Stake (PoS) chain following a community-approved vote in November. The decision marks a significant shift in the protocol's operations, which had previously allowed users to stake Polygon's MATIC tokens in exchange for liquid staking tokens called static.

Lido, one of the largest liquid staking protocols, has announced it will discontinue its staking services on the Polygon network.

Lido Finance has just announced the sunset of its operations on Polygon.

TL;DR Lido has announced discontinuing its staking service for the Polygon PoS chain, following a community vote where 99% of LDO token holders favored the proposal. The decision is due to challenges such as low user engagement, inadequate rewards, and the evolving DeFi landscape, particularly the increased focus on zkEVM solutions.

Lido Finance announced its exit from the Polygon network due to low user adoption, resource constraints, and a strategic focus on Ethereum.

Lido is winding down its staking service on Polygon due to various challenges, including limited user adoption.

Justin Sun, the founder of Tron (TRX), is once again making headlines in the cryptocurrency world with a significant move involving Ethereum (ETH). The blockchain entrepreneur has applied to withdraw 52,905 ETH, which is valued at approximately $209 million, from Lido Finance (LDO).

Lido Finance has announced its decision to end staking services on the Polygon network, citing limited user adoption, evolving DeFi trends, and a renewed strategic emphasis on Ethereum. The post Lido Staking Protocol to Cease Operations on Polygon, Shifts Focus Back to Ethereum appeared first on Cryptonews.

Lido staking requests on Polygon are no longer available but users can still withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.

Lido staking requests on Polygon are no longer available. Users can withdraw their staked MATIC through the Lido interface on Polygon up until June 16, 2025.

Staking protocol Lido has announced a timeline for the sunsetting of its products on Polygon in the coming months.