Haedal offers a liquid staking protocol similar to what Lido provides on the Ethereum network, allowing users to stake their tokens while participating in DeFi activities simultaneously.
It is used for governance purposes, rewards, and may play a role in other products within the protocol's ecosystem.
The current price is around $0.14.
Forecasts range from $0.20 to $0.30, with optimistic projections reaching up to $6, though this is considered exaggerated.
Analysis:
It shows promising growth potential in the decentralized finance space, especially with its focus on liquid staking and integration with the Sui network.
However,
investing in HAEDAL is considered high risk due to market volatility.
