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.
Justin Sun is said to have initiated a withdrawal request of over 50,000 ETH from Lido Finance.
Justin Sun's planned acquisition of 52,905 ETH coincides with Ethereum's strong market performance, as the asset trades near $4,000 with increased trading volume and positive market metrics.
The founder of TRON, Justin Sun, has applied to withdraw 52,905 ETH, worth $209 million, from Lido Finance. This could affect Ethereum's prices, says historical data.
Justin Sun recently withdrew 52,905 ETH from Lido Finance, an amount valued at approximately $209 million. This withdrawal adds to his earlier transactions in Ethereum, and there's speculation that his activity could potentially impact the ETH market.
Lido DAO (LDO), the governance token for the Lido protocol, has been demonstrating strong bullish signals in recent trading sessions. The token has gained around 9% in the past 24 hours, which has led many market observers to speculate on the possibility of a breakout rally that could push the price toward the $3 mark.
Crypto giant Grayscale has launched two new trusts that offer investors exposure to liquid staking service Lido DAO (LDO) and scaling solution Optimism (OP). The new trusts add to the crypto firm's more than 25 existing digital asset products.
These trusts aim to provide investors with direct exposure to the respective tokens, reflecting the firm's confidence in their role
Breaking above key levels, LDO aims for $3.50 with momentum driving optimism.
Ethereum-based liquid staking solution Lido has seen its Total Value Locked (TVL) climb by 25% in the last 30 days. As a result, the Lido TVL is on the verge of reaching its all-time high of $40 billion, which it reached in March.
The Lido Dao price has maintained its bullish price sentiment by adding significant valuation to its respective portfolio over the last few days. Moreover, with a market cap of $1.99 billion, it has secured the 65th position.
Grayscale Investments has launched two new investment trusts offering exposure to Lido DAO and Optimism governance tokens.
Grayscale announced today that it's offering two new investment vehicles – a Trust based on Lido DAO (LDO) and one on Optimism (OP). Both these trusts are currently available.
Grayscale Investment announced the launch of two investment vehicles on December 12. Grayscale Lido DAO Trust and Grayscale Optimism Trust will offer investors exposure to the governance tokens of Optimism Protocol, OP, and Lido DAO, LDO.
Grayscale Investments, one of the largest asset managers, has announced the launch of two new investment products to expand the offering list to its clients.
Grayscale has announced the launch of two new crypto investment vehicles, the Grayscale Lido DAO Trust, and the Grayscale Optimism Trust.
The new trusts provide exposure to the governance tokens of Lido DAO (LDO) and Optimism (OP), targeting accredited investors seeking indirect participation in Ethereum's ecosystem.
TL;DR Grayscale Investments launches two new investment vehicles: Lido DAO Trust and Optimism Trust, offering exposure to both protocols. Lido DAO Trust provides access to the LDO token, which facilitates liquid staking on ETH. Meanwhile, Optimism Trust offers exposure to the OP token, aimed at improving ETH scalability.
Grayscale Investments has expanded its lineup of crypto investment products with the launch of the Lido DAO Trust and Optimism Trust. The asset manager announced on Dec.
The new funds add to Grayscale's expanding suite of single-asset crypto products.
Digital assets manager Grayscale Investments has reportedly added Optimism (OP) and Lido DAO (LDO) to its growing list of Trust products. Considering the different market niches the duo of Optimism and Lido DAO represents, Grayscale aims to expand its reach in both the Ethereum L2 and staking niches.
A prominent whale has deposited 1.4 million Lido DAO (LDO) tokens worth $3.03 million onto the Binance exchange. This move comes after the whale, who had held these tokens for nearly three years, reached a break-even point in terms of price.
DeFi tokens experience short-term volatility amid whale activity, with key players like Aave, Maker, and Lido DAO navigating crucial levels. While the market shows mixed signals, long-term trends hint at potential bullish momentum for these tokens.
Analysts expect BTC to correct before resuming its rally.