Lido Finance: Negative sentiment overshadows double-digit growth

This happened despite LDO’s performance in all of May. In the last 30 days, Lido Finance’s governance token price increased by 15.34%.While LDO has experienced significant price appreciation, with a solid performance in terms of price and trading volume, several factorsA critical concern was the concentration of LDO tokens in the hands of a few large holders, which raised questions about decentralization and governance.

Hence, the increase in the metric suggested that LDO was one of the most talked about tokens in the crypto community at press time. However, growth in the Lido ecosystem has been wider than price action and social activity alone.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rising interest in staked ETH: Implications for Lido, Rocket Pool and Frax FinanceRecent data shows a surge in wstETH deposits on Aave, raising questions about the impact on Lido, Rocket Pool, and Frax Finance.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Rising interest in staked ETH: Implications for Lido, Rocket Pool and Frax FinanceRecent data shows a surge in wstETH deposits on Aave, raising questions about the impact on Lido, Rocket Pool, and Frax Finance.
Source: CryptoAmb - 🏆 22. / 68 Read more »