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After nine months in development, Ethereum layer-2 network Mantle has launched its second core product, Mantle Liquid Staking Protocol (LSP).

Amid the battle between bulls and bears, the Lido token (LDO) is facing a crucial challenge at the $2.55 mark these past few days, which begs: what will be the next move for this asset? In the current situation, Lido DAO (LDO) is presented with a price established around $2.38, representing an increase of 17.

Lido has become a victim of its own success, attracting criticism as its share of staked ether has grown to nearly one-third. That's why it's one of CoinDesk's Most Influential of 2023.

Recent data reveals that Lido, the leading liquid staking protocol (LSP), now holds over 9 million ethereum within its system. This figure represents a significant 77.81% of the total ethereum value locked in current LSPs, underscoring Lido's dominant position in the market.

Lido token maintained its strong uptrend o The post Lido bulls unable to breach the $2.55 mark - what now? appeared first on AMBCrypto.

Altcoin prices surged after the BTC rally. The Lido protocol saw growth as its TVL increased.

The crypto markets are heading towards the last phase of the year, which is largely believed to be historically bullish. The major altcoins have been rising slowly and steadily, achieving the interim milestone and preparing for the upcoming bull run.

Cega announced Thursday the launch of its Dual Current Product, which offers 22% APY for staked ether (stETH) and ETH holders.

A whale moved 500,000 LDO to Binance. LDO's exchange netflow remained negative despite the move.

Blur saw renewed interest from whales as Blast gained popularity. Lido also reaped the benefits from the rising interest in Blast.

No other protocol has come close to Lido's TVL numbers. The project is being touted as the future of DeFi.

According to Lookonchain data, Sigil, a fund in Gibraltar, has exited BLUR, one of this week's top-performing tokens, for Lido DAO's LDO, and IMX, the native token Immutable X–a layer-2 scaling solution primarily dedicated to NFT trading. Sigil Fund Sells BLUR For IMX And LDO On November 24, Lookonchain, a crypto analytics platform, noted that Sigil sold 1.55 million BLUR for 807,799 IMX, worth roughly $1.14 million, and 210,905 LDO, trading at $540,000, at spot rates.

A whale has captured the market's attention by making strategic moves around the cryptocurrency Lido DAO (LDO). This individual, whose activity has been closely monitored since October, demonstrated a strong interest in LDO, making significant purchases and taking risky measures to maximize their investments.

Whales started to show interest in LDO. Lido protocol continued to make efforts to improve the state of the network.

In a recent development within the cryptocurrency sector, InfStones, a prominent node operator for Lido Finance, has agreed to undertake significant security measures following the disclosure of a vulnerability. The decision comes as a proactive response to a security issue identified in July 2023 by dWallet Labs, linked to the Tailon library.

Lido operator InfStones is expected to take precautionary measures after disclosing a vulnerability that could have impacted its staked ETH.

Lido discovered a security vulnerability in Ethereum protocol, involving Node Operator InfStones.

Over 2.9 million LDO tokens have left exchanges. LDO hit the $2.4 price range for the first time in months.

Lookonchain, a platform offering on-chain metrics, recently unveiled data showcasing enormous whale transfers revolving around the LDO token today, November 20. The colossal amounts of Lido coins transferred from exchanges to wallets caught the eyes of crypto market enthusiasts globally as two whales withdrew millions of coins from crypto exchanges over the past few days

In the fast-paced realm of cryptocurrencies, whispers of an impending surge are echoing loud and clear, captivating the attention of keen investors and enthusiasts alike. A seasoned crypto strategist, renowned for predicting Bitcoin's past market movements, now shines a spotlight on Lido's native token, LDO, forecasting a potential upswing in the near future.

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $37,000 level on Friday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,000 mark this morning.

The digital currency ecosystem is exhibiting one of its most volatile sessions in months, and among the top altcoins around, Cardano (ADA), Avalanche (AVAX) and Lido DAO (LDO) deserve some special attention. The reasons for this submission are not dependent on their current price outlook but rather on some other key on-chain metrics and the fundamental prospects of the projects.

A top cryptocurrency strategist that has gained a large following on social media after accurately calling Bitcoin's 2018 bear market bottom above $3,000 has predicted the native token of liquid staking protocol Lido (LDO) could surge in the near future.

In the dynamic realm of cryptocurrencies, a prominent analyst is painting an intriguing picture, suggesting a potential bullish upturn for Lido DAO (LDO) that could set the stage for a broader altcoin market rally. Renowned for pinpointing Bitcoin's 2018 bottom, this analyst, known as Bluntz, is now capturing attention with forecasts hinting at an impending surge for the Ethereum-based altcoin.