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Questionable proposal might ruin 200% rally LDO went through in last week

The biggest lending protocol AAVE successfully survived the April to June crash. Of late, the momentum of the market has changed.

The Lido development team has revealed plans to expand the protocol across several Ethereum Layer 2 scaling solutions. The team also confirmed that it would initially launch the offering on Optimism and Arbitrum.

Lido will offer a wrapped version of stETH across several Ethereum Layer 2 solutions.

The liquid staking giant says it wants to bring staked ETH (stETH) to the Ethereum Layer 2 decentralized finance space. The post Lido to launch liquid staking on Ethereum Layer 2 networks appeared first on The Block.

Lido DAO (LDO) has rallied more than 170% over just the last 7 days. Ethereum's tentative deadline for the launch of the merge is one of the expected reasons for the price rally.

Lido Finance is a leading DeFi protocol wherein users, for Lido Staked ETH (stETH) and a small percentage in yield, are allowed to deposit Ethereum.

As markets responded to Shadow Fork 9's announcement, ETH was back in the green. Ethereum is currently regaining ground and progressing due to the favorable market situation.

The Lido DAO is in overbought territory since April and the LDO prices are rallying by 150% in just two weeks so what seems to be driving the rally? Let's find out today in our cryptocurrency's latest news.

150% price increase of LDO is not enough to cover losses it faced in last few months

This post is all about the top 5 cryptocurrencies that performed well in the last seven days. At the time of writing this, the BTC price is sitting at $21,281.50.

The under-the-radar token of a decentralized autonomous organization (DAO) is surging this week, more than doubling its value. The native token of Lido DAO (LDO) has skyrocketed from a seven-day low of $0.58 to a high of $1.25, marking an increase of 115.52% in just one week.

Ethereum 2.0's tentative launch in September raises LDO's prospects of holding its gains.

DeFi degens are depositing ETH onto Lido Finance in exchange for stETH, in the hopes of redeeming it for more valuable ETH after The Merge.

Lido DAO (LDO) token has emerged as one of the top choices of the largest of the Ethereum (ETH) whales over the last 24 hours. This activity has helped the LDO tokens to register a whopping surge amid the tumbling crypto market.

LDO's price has been in an impressive 4-day rally.The trading volume for LDO has surged more than 400% over the past 24 hours.Should the price of LDO remain above the 9 EMA level, it will climb to new heights in this rally.

Bitcoin's price failed to sustain itself above $21K as the entire cryptocurrency market takes a breather following yesterday's rally.

Lido DAO led the altcoins in keeping the losses under control, keeping the value of all cryptocurrencies from falling down.

LDO price books a 45%+ monthly gain as the Ethereum network moves closer to completing its proof-of-stake upgrade.

DeFi tokens Lido and Aave are recovering alongside Ethereum and showed strong gains after the rise in on-chain user activity so let's read more today in our altcoin news. A few Defi tokens like Lido and Aave showed strong gains but also Uniswap and Curve also posted stronger gains in the past 24 hours.

Several DeFi tokens, including Aave and Lido, have shown strong gains following increased on-chain user activity.

Lido token surges 24% with the staked ETH slowly re-pegging and now it is stabilizing which prompted a rise in the native token so let's have a closer look at our latest altcoin news. Lido's token surges 24% in the past 24 hours, hitting a new high of $0.66 cents.

  Lido Finance [LDO], via a Twitter thread, informed community members of the performance of the DeFi Protocol between 17 June and 24 June. According to the thread, Lido recorded a 13% uptick in its Total Value Locked (TVL) within the period in consideration, thus bringing its TVL to $5.22 billion.

The vast majority of Lido token holders are currently voting against a self limit even as it nears 33% staking share.