Staked Ethereum has surged to a record 36M ETH, signaling growing network confidence. But concentration risks, muted on-chain activity, and cautious derivatives data suggest the rally may not be bullish-yet.
#LDOUSDT analysis: A measured pullback testing key support has alleviated short-term overextension. Technicals point to accumulation and consolidation, likely leading to a bullish continuation as buyers regain control.
The launch of Lido’s Ethereum staking solution last month was met with enthusiasm from the crypto community- and DAO’s Biz Dev Contributor says the product had “perfect product market fit”. Lido has made staking with Ethereum simpler and more lucrative than ever.