Lido dominates staked ETH market, but can it lift Ethereum’s price?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Lido fees surpassed Ethereum fees over the past few days. Will the price of LDO and ETH be impacted by this?

In the last month, Lido Finance collected $20.8 million in fees in just one week, which was higher than the fees collected by Ethereum itself, which collected $19.8 million during the same period.

Lido Finance’s momentum continued throughout the month. Over the entire month, Lido generated $98 million in fees, representing an 8% increase compared to the previous month. However, the 7-day trading volume for stETH dipped 7.25% compared to the previous week, totaling $1.23 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA

Canada Canada Latest News, Canada Canada Headlines