Lido DAO (LDO) surged over 21%, reaching a 2-month peak as BlackRock's Ethereum staking move stimulated strong demand.
LDO price peaked at 1.15 USD before slightly dropping, with market capitalization surpassing 1 billion USD, and trading volume increasing nearly 220% due to investor interest.
MAIN CONTENT
The main driving force is BlackRock's registration for Ethereum ETF staking through Lido.
The buying volume of LDO exceeded sales, showing strong cash flow and positive sentiment.
The increase in profits has led to a surge in selling activity, threatening the upward momentum.
How has BlackRock ETHA staking driven LDO's price increase?
BlackRock has just submitted an application to add staking features to the Ethereum ETF (ETHA) product, designating Lido DAO as the official staking channel, creating price upward momentum for LDO.
This is significant because ETH staking primarily occurs through Lido, leading the market to anticipate positive expectations with a larger staking scale, thereby enhancing the value of the stETH tokens issued by Lido.
“BlackRock's implementation of ETH staking through Lido not only helps expand the POS network but also creates a breakthrough in liquidity and Smart Contract application for the Ethereum ETF.”
Lisa Smith, Product Strategy Director, TinTucBitcoin, 17/07/2025
Why has the demand for buying LDO surged after BlackRock's news?
Immediately after the information was announced, the buying volume of LDO surged compared to selling, reflecting a strong appeal from investors and large funds accessing the market.
Data from Coinalyze on 17/07/2025 shows that buying volume reached 48.6 million USD, while selling volume was 45.7 million USD. For two consecutive days, LDO recorded a positive buying-sell Delta, demonstrating strong cash flow and a clear accumulation trend.
How does the rapid profit increase create selling pressure for LDO?
When LDO prices increased, many investors chose to take profits, causing the inflow to the Exchange to rise to the highest level in 6 months, with a Netflow peak of 5.2 million USD before dropping to 2.77 million USD.
The Stock-to-Flow (SFR) index has dropped to 26.4, reflecting the increase in the amount of LDO tokens available for trading on the exchange, meaning a decrease in scarcity and potential for price correction.
“Increased selling on the exchange reduces the scarcity of LDO, which is a signal to watch closely to predict short-term price fluctuations.”
John White, Santiment Analyst, 18/07/2025
What do current technical indicators suggest about LDO's price trend?
The RSI index of LDO currently stands at 78, indicating that the asset is in overbought territory; at the same time, the DMI index is at 41, forecasting that the upward force remains strong and could continue to rise.
The combination of these indicators suggests that if buyers maintain their strength and continue to enter orders, LDO could aim for a price level of 1.4 USD. Conversely, strong profit-taking pressure could lead to a downward adjustment towards the support zone of 0.97 USD.
Frequently Asked Questions
What is Lido DAO (LDO) and what is its role in Ethereum staking?
Lido is the largest ETH staking platform in the market, allowing users to easily participate in staking through stETH tokens, increasing liquidity and improving the staking experience.
Why does BlackRock's choice of Lido for the Ethereum ETF have a significant impact on LDO's price?
BlackRock uses Lido as a staking partner to increase the volume of ETH locked and mined on the platform, significantly boosting demand for LDO and stETH tokens.
What does the buy-sell cash flow of LDO mean in evaluating trends?
The buying cash flow surpassing sales demonstrates that demand remains stronger than supply, helping to maintain the upward trend and creating excitement in the short term for investors.
How does the decrease in Stock-to-Flow (SFR) affect LDO's price?
A decline in SFR signals an increase in the supply of LDO available in the market, which could reduce scarcity and create downward price pressure.
Is a high RSI indicator a good signal for LDO's price?
A high RSI indicates that the asset is overbought, posing a risk of price correction; however, with a strong DMI indicator, the upward trend still has opportunities to continue.
Source: https://tintucbitcoin.com/lido-tang-manh-ldo-co-giu-vung/
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