Lido DAO provides staking infrastructure for multiple blockchain networks, but most notably, the platform provides a liquid staking solution for Ethereum, allowing users to stake their ETH and receive stETH (Lido staked ETH) tokens in exchange. Currently, LDO has the highest total value locked among Ethereum protocols, which is around $15 billion.
Anyway, the chart is simple: LDO broke the downtrend line and is now making a support floor to start an impulse wave. Let's see what happens.
Anyway, the chart is simple: LDO broke the downtrend line and is now making a support floor to start an impulse wave. Let's see what happens.