ETH and its allies: Who moves with the giant?

$ETH does not walk alone. Around it is a complete ecosystem that benefits (or suffers) when Ethereum rises or falls.

Today I bring you 2 coins worth keeping a close eye on if you have your sights set on $ETH:

🔹 $ETH – The engine of the ecosystem

Second largest crypto by market capitalization.

Base of thousands of dApps, NFTs, and smart contracts.

Its evolution towards Ethereum 2.0 (PoS) changed the game in terms of scalability and sustainability.

🔸 $LDO (Lido DAO) – The child of staking

Lido is a platform that allows staking of ETH without completely locking it up.

When interest in staking on Ethereum rises, $LDO tends to benefit.

Useful for users who want returns without losing liquidity.

🔸 $ARB (Arbitrum) – The sprinter of Layer 2

Arbitrum is a Layer 2 solution for Ethereum: faster, cheaper.

The more congestion and fees ETH has, the more attractive Arbitrum becomes.

ARB is its native token and is gaining traction in DeFi.