Lido DAO Surges 25% Following Grayscale’s Investment InitiativeIntroduction
Lido DAO ( MIL:LDO ) has captured the spotlight with a remarkable 25% price surge, catalyzed by Grayscale Investments’ announcement of its new Lido DAO Trust. This move strengthens Lido’s position in the staking and DeFi ecosystem while reinforcing its relevance in Ethereum’s expanding infrastructure. Let’s delve into the technical and fundamental factors driving this rally.
Grayscale’s Strategic Investment
Grayscale Investments, renowned for its expertise in crypto asset management, has introduced the Grayscale Lido DAO Trust alongside the Grayscale Optimism Trust. These vehicles offer institutional and accredited investors exposure to governance tokens such as MIL:LDO and $OP.
Focus on Staking and Ethereum Scaling: Lido DAO’s liquid staking solution democratizes Ethereum staking, making it accessible to more users. This, in turn, strengthens Ethereum’s security and DeFi capabilities.
Grayscale’s Commitment to Innovation: With over 25 crypto investment products, Grayscale’s inclusion of MIL:LDO underlines its growing focus on projects that enhance the Ethereum ecosystem, positioning Lido as a pivotal player.
- Layer-2 Ecosystem Synergy: By pairing MIL:LDO and NASDAQ:OP in its investment offerings, Grayscale highlights the importance of both staking and Layer-2 scaling solutions in Ethereum’s future growth.
Lido DAO has rapidly emerged as a key player in the DeFi landscape by providing a liquid staking mechanism for Ethereum. This approach allows users to stake ETH while retaining liquidity through stETH tokens, which represent their staked ETH and rewards. Key fundamentals include:
1. Market Performance:
- Current Price: $2.278
- Market Cap: $2.03 billion
- Trading Volume (24H): $491.8 million
2. Staking Dominance:
- Lido DAO’s protocol holds a significant share of Ethereum’s staking ecosystem, enhancing its relevance as Ethereum transitions into its proof-of-stake (PoS) era.
- Recent updates have streamlined its support to Ethereum and Polygon, ensuring focused development in high-impact areas.
3. Governance and Development:
- As a DAO, MIL:LDO holders actively participate in decision-making, reinforcing decentralized governance.
- Frequent audits of its smart contracts underline its commitment to security and transparency.
Technical Analysis
MIL:LDO is up 20% in the last 24 hours, breaking through key resistance levels. The token trades near $2.27, reflecting increased investor confidence following Grayscale’s announcement.
The Relative Strength Index (RSI) is at 65 indicating a bullish sentiment, though approaching overbought territory, suggesting a potential consolidation phase.
The current uptrend finds support at $1.999 (38.2% Fibonacci retracement level), with resistance anticipated at $2.630. Similarly, A spike in trading volume reinforces the upward momentum, hinting at sustained investor interest.
With an ATH of approximately $18, MIL:LDO presents a compelling entry point for long-term investors ahead of a broader altcoin rally.
Why Lido DAO Matters
Lido DAO plays a critical role in Ethereum’s ecosystem by addressing two major challenges:
- Scalability: Liquid staking ensures Ethereum remains secure and decentralized while enabling users to participate without locking funds.
- Adoption: By simplifying staking and enhancing liquidity, Lido supports Ethereum’s adoption across DeFi applications.
Conclusion
Grayscale’s introduction of the Lido DAO Trust underscores the growing institutional interest in Ethereum-centric projects like Lido. From its robust staking infrastructure to its DAO-driven governance, Lido is poised to capitalize on Ethereum’s continued growth. Technically and fundamentally, MIL:LDO offers a promising outlook, with bullish momentum and strong fundamentals paving the way for potential upside.
As the market gears up for a broader altcoin rally, MIL:LDO remains a token to watch, supported by its innovative staking model and growing institutional backing.
Lido
LDO SWING LONG IDEA - A Life-changing opportunityNarratives:
1) LDO is the strongest ETH-BETA with a massive $35B TVL. We haven't seen an ETH bull run yet, but when it happens, LDO will likely benefit the most.
2) Market Cap = FDV , meaning all tokens are already in circulation, eliminating future unlock-related sell pressure.
3) Undervalued : LDO boasts $35B TVL and a $1.8B market cap, while AAVE has 20B$ TVL and a $3.5B market cap.
4) SEC Administration Change : The current administration has delayed ETH staking approvals for ETFs. A new SEC administration may greenlight this, channeling billions of ETH ETF funds into LDO, the largest ETH liquid staking protocol. This could bring a significant influx of assets to its chain.
Technical Analysis:
The price ran the Autumn 2022 EQLs (equal lows)—which I consider "max pain"—but failed to close below, showing resilience. After that, the price reversed upward, breaking the bearish trendline responsible for the bearish trend since January 2024. Following a successful retest of the trendline, we saw strong momentum.
I’ll be targeting 2024 Highs at $4 initially, with a long-term view toward ATH at $7.22.
Invalidation:
This is a 3x leverage swing trade or a spot trade, and I plan to carry it until spring 2025. I’m already in the trade. My invalidation level is a daily close below $0.91. Yes, it’s a wider stop-loss, but as I mentioned, this isn’t just a trade; it’s more of a mid-term investment. I’ll be looking to close the position around May 2025 or earlier if we reach levels close to the previous ATH.
TradeCityPro | LDOUSDT The Layer 2 Leader with Highest TVL👋 Welcome to the TradeCityPro channel!
Let's explore LDO, the altcoin with the highest Total Value Locked (TVL) on Ethereum, and analyze potential triggers for spot and futures trades.
🌐 Market Overview
Bitcoin experienced a pullback during the New York session, accompanied by a rise in BTC dominance. This led to a deeper correction in altcoins, but the overall trend remains bullish.
📊 Weekly Timeframe
LDO, a relatively new altcoin, hasn’t experienced a full crypto bull run yet. Its ATH of $4.053 was fueled by the Layer 2 hype. Since then, it broke its weekly uptrend and dropped to $0.924.
LDO has been consolidating in a range between $0.924 and $1.339, forming an accumulation zone.
This week’s candle is attempting to break both the upper range and a descending trendline. A close above $1.339 could trigger a rally, with a stop-loss at $0.924.
📈 Daily Timeframe
After 110 days in the accumulation zone, LDO is breaking out above $1.345. Buyers are showing strength, as the price didn’t revisit the range’s lower boundary after the last rejection.
Likely to enter overbought rsi territory if the breakout sustains, signaling continuation of the uptrend.
For risk-takers, a stop-loss at $1.115 can be set for entries based on the daily timeframe.
⏱ 4-Hour Timeframe
The price is battling strong resistance at $1.408. Despite minor rejections, buyers remain dominant, with the price rebounding from the trendline support.
📈 Long Position Trigger:
Open a long position after a breakout above $1.408, confirmed by increased volume and RSI entering overbought levels.
📉 Short Position Trigger:
Even if short triggers appear, it's better to wait for pullbacks for long entries as the bullish momentum builds.
💡 BTC Pair Insight
Like most altcoins, LDO has been underperforming against Bitcoin. However, it’s attempting a recovery, starting from lower timeframes.
breakout above 0.0002083 BTC could signal a stronger rally against Bitcoin. However, current funds seem concentrated in other altcoins, so its pace might be slower for now.
LDO holds the largest stake in Ethereum, giving it potential to self-support in the short term :)
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Lido DAO Launches Community Staking ModuleLido DAO ( MIL:LDO ) has introduced its highly anticipated Community Staking Module (CSM), a transformative step towards decentralizing and democratizing access to Ethereum staking. Lido Finance, a leading provider in the liquid staking space, sees this initiative as a way to remove the substantial technical and financial barriers to solo staking and has positioned CSM as an accessible entry point for the broader Ethereum community.
A Shift Towards Permissionless Staking
The new module, approved by the Lido DAO community through a majority vote, marks the beginning of a more permissionless Ethereum staking protocol. CSM will become Lido’s first staking module that is fully open to the community, an aim supported by LidoDAO's tech lead, Dmitriy Gusakov, who confirmed that CSM will support Ethereum and Gnosis solo stakers, along with other early adopters.
During this introductory phase, CSM participation is restricted to those within Lido’s “early adoption” period, including credentialed Obol Techne holders and other community-aligned node operators. As CSM progresses, anyone holding 1.5 ETH (approximately $3,800 at today’s rates) can become a node operator and earn validator rewards by staking their ETH, with future updates planning to lower the bond requirement further to 1.3 ETH. This contrasts starkly with Ethereum’s standard 32 ETH ($81,000) bond, greatly enhancing accessibility to solo staking.
Ethereum co-founder Vitalik Buterin and other advocates have highlighted solo staking as a method of decentralizing Ethereum’s validator set, reducing reliance on large staking pools. Decentralized solo stakers contribute to Ethereum’s censorship resistance, avoiding the risk of centralization posed by large, professional staking services. Lido’s CSM aims to address this by providing a low-entry staking solution.
With a streamlined, user-friendly design, CSM removes secondary collateral requirements, opening Ethereum staking to a much broader audience without compromising on security or complexity. Gusakov noted that Lido is actively moving towards decentralization, responding to criticism that its significant market share—currently below 30%, according to Dune Analytics—could create excessive power concentration.
Market Metrics and Technical Signals
Despite a recent 4.45% dip, MIL:LDO remains a strong performer within the liquidity, staking, and lending arenas. DefiLlama data indicates that Lido Finance ranks as the leading protocol for liquid staking, with a total value locked (TVL) of $24.561 billion. Over a 24-hour period, Lido generated fees of $2.21 million and revenue of $220,828, showing the robust demand and profitability of its staking services. Lido's dominance within the liquid staking space demonstrates a solid foundation for growth, making MIL:LDO a highly undervalued asset compared to its market cap of only $945.32 million, as it has yet to surpass $1 billion.
Technical Analysis
With the Relative Strength Index (RSI) at a low 44, MIL:LDO is signaling a potential trend reversal. For traders, this dip represents a strategic entry point, given Lido’s strong fundamental positioning and the high utility provided by CSM. As CSM gains adoption and Ethereum staking opens to more individual investors, demand for MIL:LDO is expected to rise, potentially driving up its price.
A New Era for Ethereum Staking
The release of Lido's Community Staking Module brings Ethereum closer to the vision of a decentralized staking ecosystem, free from the control of large entities. With a growing ecosystem, robust revenue streams, and a commitment to decentralization, MIL:LDO offers both traders and long-term holders a unique opportunity to capitalize on Ethereum’s continued growth while contributing to a more resilient, decentralized network.
Lido DAO / LDO The price of Lido DAO is $3.27 today with a 24hour trading volume of 260 million dollar. This represents a 8.5% price increase in the last 24 hours and a 66% price increase in the past 30 days
Lido is a liquid staking solution for Ethereum. Lido lets users stake their ETH with no minimum deposits or maintaining of infrastructure - whilst participating in on-chain activities, e.g lending, to compound returns.LDO is the native utility token that is used for: 1/Granting governance rights in the Lido DAO. 2/Managing fee parameters and distribution. 3/Governing the addition and removal of Lido node operators.
right now LDO/USDT is breaking out of huge Adam & Eve pattern at 2.8$ and its next targets are 3.3, 3.5 and 3.9 for short term trade
Lido DAO Ldo price holds firmly#LDOUSDT price "fell slightly" at night compared to other altos and was very well bought back.
Is there any fundamental news around MIL:LDO ? Do you know anything about it?
As long as there is "strength at buyers", you should at least pay attention to the project, and as a maximum, you should take it)
Buying zone -10% down from the current price
The growth potential is +100%.
_____________________
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Buy signal for Lido #LDOLido #LDO has produced a buy signal on the daily chart. The “doji” candle marks the signal, and the shadow of the candle is the point from which the stoploss will be placed.
The buy signal, if effective, will face a resistance (dashed black line) that if overcome will take the price even higher.
Lido Finance hits 1M validators Still hasn't Make a Major MoveIn a monumental stride for decentralized finance (DeFi), Lido Finance ( MIL:LDO ) emerges as Ethereum's beacon of accessibility, boasting an unprecedented one million validators. This milestone not only underscores Lido's pivotal role in democratizing staking but also fuels the burgeoning landscape of DeFi.
Lido Finance ( MIL:LDO ) stands as the vanguard of liquid staking protocols, revolutionizing the staking ecosystem by lowering barriers to entry for retail users. Traditionally, individuals seeking to participate in staking would require a substantial capital investment, typically 32 Ether. However, Lido's innovative approach democratizes staking, enabling users with limited capital to partake in validator nodes on Ethereum.
The protocol's ascent to prominence is reflected in its commanding share of staked Ether, comprising 28.5% of the total, according to Dune data. This dominance underscores Lido's pivotal role in shaping Ethereum's staking landscape, making it a cornerstone of the DeFi narrative.
Liquid staking protocols like Lido ( MIL:LDO ) have witnessed exponential growth, driven by their unique value proposition of offering liquidity benefits to users. By staking Ether with Lido, users receive Lido Staked ETH (stETH) in return, which can be seamlessly deployed across various DeFi protocols. This liquidity infusion breathes new life into staked assets, unlocking their potential for broader utility within the DeFi ecosystem.
The impact of liquid staking on DeFi's growth trajectory cannot be overstated. The total value locked (TVL) in DeFi protocols has experienced a meteoric rise, surging from $36 billion in Q4 2023 to a peak of $97 billion in Q1 2024. This surge, attributed largely to liquid staking protocols like Lido, underscores their pivotal role in driving DeFi's exponential growth.
However, amidst Lido's meteoric rise, concerns over centralization loom large. Ethereum co-founder Vitalik Buterin has cautioned against the potential risks of centralization posed by Lido's growing dominance. While protocols like Lido have implemented safeguards to mitigate these risks, the specter of centralization remains a topic of discourse within the crypto community.
As Lido Finance ( MIL:LDO ) continues to chart new frontiers in DeFi and democratize access to staking, the protocol's journey underscores the delicate balance between innovation and decentralization. With one million validators under its belt, Lido stands as a testament to the transformative potential of DeFi, while navigating the challenges of centralization with vigilance and foresight.
Lido DAO (LDOUSD): End of correction soon 🔍Lido DAO : BINANCE:LDOUSD
We've recently added Lido DAO (LDO) to our portfolio. On the daily timeframe, we are in an uptrend within a major Wave (3). The subordinate Wave 3 has already commenced, aiming for at least $5.45, potentially up to $10.43, which we must mark as the maximum. The current all-time high is at $5.20, with the all-time low at $0.40. A closer look at the 4-hour chart reveals that since the subordinate Wave 2, we've completed a 5-wave cycle upwards, now entering a correction towards a very subordinate Wave ((ii)). This Wave ((ii)) is likely to retrace between 61.8% and 78.6%. The presence of a zigzag movement is evident as Wave (b) reached exactly 61.8%, indicating a 5-wave structure from Wave (v) to Wave (a).
We now anticipate a 5-wave structure downwards for LDO during Wave ((ii)). Our stop-loss is set below the 78.6% level, as dropping beneath it would imply a regression to the origin of the major Wave 2 at $1.42, potentially lower, nullifying any bullish scenario. However, should a reversal occur, we're projecting a rise towards the $5 mark for Wave ((iii)), with subsequent movements in Waves ((iv)) and ((v)) contributing to the overarching Wave 3 of Wave (3).
The Overall Market Trend is BullishIn the weekly timeframe for Lido (LDO), we observe that the overall market trend is bullish. This trend is identified by noting that the lows are higher than the previous lows, and the highs are higher than the previous highs. The price is moving within an ascending channel and is heading towards the main target, which is the top of the main channel.
There are significant resistance points along the price's growth path, including a minor channel and a orange support zone. Currently, the price is within this orange area, and we do not expect further growth until the price stabilizes above this region. If the price drops below the bottom of the minor channel, the bullish trend may pause for a while.
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Lido Finance ($LDO) Staking Hits $38.7 BillionThe decentralized finance (DeFi) ecosystem is experiencing a renaissance, marked by a monumental achievement: a total value locked (TVL) surpassing $100 billion, spearheaded by Lido Finance ( MIL:LDO ) staking hitting $38.7 billion. Amidst rising Bitcoin interest and crypto market optimism, this milestone signals a significant comeback for DeFi, albeit still below its previous all-time high.
The DeFi TVL Surge:
DefiLlama's latest data reveal a global DeFi TVL of $100.1 billion, showcasing a resurgence after nearly two years. Lido's liquid staking protocol emerges as the frontrunner, with $38.7 billion locked on-chain, highlighting its dominance within the DeFi landscape. Other players like EigenLayer and AAVE also contribute substantially to the overall value, underscoring the sector's diversification and growth.
Influence of Key Factors:
The resurgence in DeFi is attributed to various factors, including the introduction of spot Bitcoin ETFs, driving market optimism and institutional demand. Bitcoin's recent surge to new all-time highs, breaching $70,000, further fuels capital flow into DeFi protocols. Concurrently, crypto exchanges witness increased activity, showcasing expanding interest and involvement in the cryptocurrency market.
Impact on the Crypto Ecosystem:
The DeFi sector's resurgence mirrors the broader revival of the cryptocurrency market. The memecoin boom, inspired by Bitcoin's gains, reflects changing investor sentiment and the speculative nature of the industry. While hurdles persist in surpassing the previous TVL record, the sector's momentum indicates continuous innovation and expansion, attracting more users and capital.
Looking Ahead:
The recovery and growth of the DeFi sector are not only pivotal for its proponents but also for the entire cryptocurrency market. They underscore the attractiveness and potential of decentralized financial services, shaping the future landscape of finance.
Conclusion:
As DeFi reaches new heights, led by Lido Finance and a burgeoning TVL, the sector's resilience and innovation come to the fore. With optimism abound and institutional interest on the rise, the DeFi resurgence signifies a transformative era in finance, heralding a decentralized future for global markets.
LDO - Following The Wedge 🌙Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 LDO has been overall bullish, trading within the rising broadening wedge in blue.
At present, LDO is undergoing a correction phase and it is currently approaching the lower blue trendline acting as a non-horizontal support.
Moreover, it is retesting a strong support zone marked in green.
🏹 Thus, the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #LDO approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Lido DAO (LDO) completing a setup for upto 38.50% pumpHi dear members , hope you are well and welcome to the new trade setup of Lido DAO (LDO) with US Dollar pair.
Previously we caught almost 44% pump of LDO as below:
Now on a daily time frame, LDO is about to complete a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
LDOUSD Expecting a 1D MA50 pull-back.Lido Dao (LDOUSD) has finally broken above the hurdles of the Lower Highs trend-line that kept the trend bearish throughout the majority of 2023. Ahead of the first 1D Golden Cross pattern in more than 9 months, it is possible for buyers to take some profits around Resistance 1 (2.4850) and the 0.618 Fibonacci level (2.4125) and look to buy after the Golden Cross.
Especially with a 1D RSI vastly overbought near 80.00, we are expecting a pull-back towards the 1D MA50 (blue trend-line) and 0.382 Fib in order to buy and target the 0.786 Fibonacci retracement level at 2.8000, which is practically Resistance 2.
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LDO: Sideways Channel BreakoutTrade setup : Appears to have broken out (bearish) from a Sideways Channel pattern ($1.60-$2.50), below the $1.60 support zone, which has held up several times this year. The next support area is $1.20. Lido (LDO) is the largest DeFi platform and a leading ETH liquid staking platform.
Pattern : Price was trading in a Sideways Channel , which is a neutral pattern (indication of market indecision). Trend Traders ought to wait for a breakout in either direction, although typically it breaks in the direction of the existing trend. Swing Traders can trade the range – Buy near Support and Sell near Resistance .
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $1.20. The nearest Resistance Zone is $1.60 (previous support), then $2.00, and $2.50.