🚀 "Lido DAO (LDO) Holds ~$1.38 as Liquid Staking Momentum Builds"
🔹 Quick Stats (August 15, 2025)
Price: ~$1.38 (↓ ~5% in the last 24 hours)
Market Cap: ~$1.25B (circulating ~895M of 1B LDO)
Volume (24h): ~$110M–$120M
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🔧 What Is LDO?
LDO is the governance and utility token of Lido DAO, the leading liquid staking protocol for Ethereum (and other assets). Users stake ETH (or other tokens) via Lido and receive stETH, a liquid derivative that enables DeFi utility while still earning staking rewards. LDO allows holders to participate in governance decisions.
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📈 Highlights
Weekly Rally: LDO soared ~68% this week, buoyed by excitement around a Tokenholder Update and a 292% surge in new addresses.
TVL All-Time High: Lido’s total value locked hit a new record of $41 billion, reflecting its dominance in liquid staking.
Market Drivers: Institutional interest is accelerating amid Ethereum staking ETF optimism, entwined with broader ETH market strength.
Short-Term Bearish Signal: LDO recently dipped below $1.40 support on increased volume and bearish chart patterns—but RSI is oversold, hinting at a rebound possibility.
> Disclaimer: For educational use only—not financial advice.
