The price of LDO has rallied by 9% in the past 24 hours. WHY? | Mayank Kharayat Crypto
The price of LDO has rallied by 9% in the past 24 hours.
WHY?!
Lido launched V2 live on mainnet yesterday.
The upgrade allows users to process staked ETH withdrawals by depositing their stETH to get ETH in return on the platform. The upgrade also introduced the ‘staking router’- a new modular component that promotes staking diversity by allowing solo stakers, DAOs, and Distributed Validator Technology (DVT) clusters.
This has likely resulted in some bullish sentiment for the future of the platform.
If you want to buy or trade LDO, we have an exclusive new user signup discount for life on Bybit!
