Lido's performance has been disappointing over the past year. The token has seen a substantial drop of 35% year-to-date and continues to face challenges, with a recent 24-hour decline of 3.3%.

Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.

Lido has been on a bearish trend. However, an analyst's latest optimistic prediction of a potential multi-month rally offers hope.

Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.

Several major token unlocks are set to take place in the coming months, which could potentially de-stabilizing the altcoin market. These unlocks will introduce large amounts of new supply, and as a result, investors are bracing for possible price crashes this month.

Story Highlights The live price of Lido Dao is With a surge, Lido Dao could go as high as $5.782 by the end of 2024. LDO price with a potential surge could reach a maximum of $22.112 by 2030.

Major Crypto exchange Coinbase has revealed additional listings this week. Specifically in the past day, Coinbase announced the addition of zkSync (ZK) to its listing road map.

In this bearish market sentiment, Nansen's CEO, Alex Svanevik has made a significant move that could trigger a sharp price drop in Lido DAO (LDO). On September 6, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that the CEO had dumped 3 million LDO tokens worth $2.89 million to Coinbase.

An early investor in LidoDAO, Alex Svanevik, divested the last LDO tokens from his wallet. Other whales are transacting the token, while ETH staking is facing challenges due to lower L1 fees.

Korean markets expanded their listings, with Bithumb opening KRW pairs for JitoSOL (JTO) and EtherFi (ETHFI). Upbit listed a new KRW market for the BIGTIME token, belonging to the original RPG game Bigtime.

The leading crypto firm Wintermute has rolled out Lido Staked Ethereum (stETH) as collateral for OTC trading. This move marks a major milestone for the crypto market, with discussions soaring as the crypto can now be used outside of decentralized finance (DeFi).

The market's hostile environment is currently hindering altcoins gaining in the short term. With the broader market down by 2%, LDO losses mounted up to 18% since last week, continuing to end this week with pain for investors in the short term.

Lido DAO (LDO) has been under the spotlight recently, not just for its role in the Ethereum staking ecosystem but also due to the significant market activities involving Wintermute, a leading market maker. The LDO token, currently priced at $1.

Liquid staking protocol Jito and restaking platform Fragmetric have launched a new liquid restaking token on Solana dubbed fragSOL.

August has seen a market downturn, leading to price dips for many assets. Whales, aiming to capitalize on the current conditions, have started accumulating certain altcoins in anticipation of potential gains in the coming month.

With an optimistic surge in Bitcoin prices, bulls anticipate a breakout run above the $65000 mark. Amidst the growing confidence in the market, the DeFi tokens prepare for a bull run as the altcoin season inches closer.

Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in merging legal structures with autonomous technologies, further enhancing the power of decentralized autonomous organizations.

The crypto market has been trading mixed lately, but amidst the chaos, Solana has emerged as a standout performer. Over the last 18 months, Solana has consistently outpaced other blockchains, even surpassing Ethereum in several key metrics.

According to the latest on-chain data, a crypto company has redeemed and transferred a significant amount of Ether tokens from the staking platform Lido to the cryptocurrency exchange Binance. Could this hold a bearish consequence for the Ethereum price?

Jito joins Jupiter in leading Solana DeFi arena after surpassing 12M SOL in total locked value.

Renzo Protocol is expanding its liquid restaking expertise to the Jito ecosystem on Solana. According to an announcement on Aug. 14, Protocol revealed it was launching ezSOL, the first liquid restaking token on Solana (SOL).

TL;DR Renzo, an Ethereum-based liquid restaking protocol, will launch ezSOL, its first liquid restaking token on Solana, through a collaboration with the Jito Foundation. ezSOL will allow users to earn additional rewards using JitoSOL as the underlying asset, leveraging Jito's MEV-enhanced validator network.

Renzo has partnered with the Jito Foundation to enter the Solana liquid restaking space. It is set to launch ezSOL on Jito.

Lido DAO adopts NTT standard to facilitate wstETH transfers to BNB Chain via Wormhole and Axelar, enhancing cross-chain interoperability.

Lido consolidates its position as a leader in Ethereum staking

Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.

Lido Finance is the market leader in Ethereum staking, claiming 28.2% of net ETH deposits.

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

Lido is introducing Lido Institutional, a B2B-focused white glove service targeted at large customers like crypto funds and asset managers with ETH.

Solana has experienced a significant increase in on-chain activity and daily active addresses, driven by popular dapps like Raydium, Pump.Fun, and Jito.

Lido Finance has launched its liquid staking application for institutional clients who want to stake large amounts of ETH.

Lido Finance, a leading Ethereum liquid staking service provider, has launched Lido Institutional, a high-grade liquidity staking solution designed for large-scale clients like custodians, asset managers, and exchanges.

Lido Finance's new institutional-grade staking solution could significantly enhance institutional participation in the crypto ecosystem, despite regulatory scrutiny. The post Lido Finance launches institutional-grade liquidity staking appeared first on Crypto Briefing.

Lido DAO price, a decentralized autonomous organization, announced on August 2nd the launch of Lido Institutional. This new offering is a specialized liquid staking solution that caters to custodians, asset managers, and exchanges' unique needs, among other institutional stakeholders.

The biggest ETH liquid staking protocol has enhanced its offering for large investors, many of whom are already its customers.

Decentralized finance protocol Lido has unveiled a new staking product aimed at institutional investors. On Aug.

Dapps like Raydium, Pump.Fun and Jito have been the top fee generators on the Solana blockchain, data shows.

Aave continued its rally after announcing a custom Lido V3 vault, offering loans against a collateral of wstETH.

TL;DR Aave V3 ETH Lido Pool: The Aave Decentralized Autonomous Organization (DAO) has introduced the Aave V3 ETH Lido Pool, a custom liquidity pool specifically designed for Lido Finance's stETH and wstETH tokens.

The new Aave V3 ETH Lido Pool is designed to improve ETH borrowing and lending dynamics by isolating the Lido tokens.

Lido DAO (LDO) stands out as a pivotal player in the decentralized finance (DeFi) space. As we move through 2024 and look ahead to the coming years, many investors and analysts are eager to understand the future price trajectory of LDO.

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Solana's biggest liquid staking project is taking the plunge into restaking.

On July 25, the Jito Foundation made a splash with a major update that could transform staking and restaking on Solana.

Jito's open-source release could boost Solana's economic security and flexibility, potentially revitalizing interest in the struggling restaking sector. The post Jito releases open-source code for restaking on Solana appeared first on Crypto Briefing.

Solana meme coin Jito (JTO) has recorded significant upticks with its price soaring 9% after the platform announced the code for its restaking program. The platform noted that it will be a next-hybrid generation staking and restaking module.

Developers are one step closer to activating restaking on Solana with the Jito Foundation's latest code release.