<\/p>\n
\t\t\t\t\t\t<\/p>\n
The count of new addresses holding Lido’s Staked Ether [stETH]<\/a> remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data from <\/span>glassnode<\/span><\/a> revealed. <\/span><\/p>\n\nread Lido Finance’s [LDO] Price Prediction<\/a> 2023-2024<\/p>\n\nAccording to Glassnode, the daily count of new addresses holding stETH fluctuated between 230 to 590 per day, remaining stagnant on a year-to-date basis. This suggested that \u201cmany new deposits made via Lido are driven by existing stETH token holders increasing their exposure\u201d and not through the entry of new participants into the market. <\/span><\/p>\nA look at stETH’s average token holder balance metric revealed that following a momentary decline in the average balance of token holders after withdrawals were enabled for Lido post-Shanghai Upgrade, an uptrend was spotted, suggesting a growth in demand for the token.<\/span><\/p>\nHowever, with the new address count staying unchanged, Glassnode noted,<\/span><\/p>\n\n \u201cWe are yet to see an appreciable influx of new holders entering the market via these staking mechanisms.\u201d<\/span><\/p>\n<\/blockquote>\nConversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
read Lido Finance’s [LDO] Price Prediction<\/a> 2023-2024<\/p>\n\nAccording to Glassnode, the daily count of new addresses holding stETH fluctuated between 230 to 590 per day, remaining stagnant on a year-to-date basis. This suggested that \u201cmany new deposits made via Lido are driven by existing stETH token holders increasing their exposure\u201d and not through the entry of new participants into the market. <\/span><\/p>\nA look at stETH’s average token holder balance metric revealed that following a momentary decline in the average balance of token holders after withdrawals were enabled for Lido post-Shanghai Upgrade, an uptrend was spotted, suggesting a growth in demand for the token.<\/span><\/p>\nHowever, with the new address count staying unchanged, Glassnode noted,<\/span><\/p>\n\n \u201cWe are yet to see an appreciable influx of new holders entering the market via these staking mechanisms.\u201d<\/span><\/p>\n<\/blockquote>\nConversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
According to Glassnode, the daily count of new addresses holding stETH fluctuated between 230 to 590 per day, remaining stagnant on a year-to-date basis. This suggested that \u201cmany new deposits made via Lido are driven by existing stETH token holders increasing their exposure\u201d and not through the entry of new participants into the market. <\/span><\/p>\nA look at stETH’s average token holder balance metric revealed that following a momentary decline in the average balance of token holders after withdrawals were enabled for Lido post-Shanghai Upgrade, an uptrend was spotted, suggesting a growth in demand for the token.<\/span><\/p>\nHowever, with the new address count staying unchanged, Glassnode noted,<\/span><\/p>\n\n \u201cWe are yet to see an appreciable influx of new holders entering the market via these staking mechanisms.\u201d<\/span><\/p>\n<\/blockquote>\nConversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
A look at stETH’s average token holder balance metric revealed that following a momentary decline in the average balance of token holders after withdrawals were enabled for Lido post-Shanghai Upgrade, an uptrend was spotted, suggesting a growth in demand for the token.<\/span><\/p>\nHowever, with the new address count staying unchanged, Glassnode noted,<\/span><\/p>\n\n \u201cWe are yet to see an appreciable influx of new holders entering the market via these staking mechanisms.\u201d<\/span><\/p>\n<\/blockquote>\nConversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
However, with the new address count staying unchanged, Glassnode noted,<\/span><\/p>\n\n \u201cWe are yet to see an appreciable influx of new holders entering the market via these staking mechanisms.\u201d<\/span><\/p>\n<\/blockquote>\nConversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n \u201cWe are yet to see an appreciable influx of new holders entering the market via these staking mechanisms.\u201d<\/span><\/p>\n<\/blockquote>\nConversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u201cWe are yet to see an appreciable influx of new holders entering the market via these staking mechanisms.\u201d<\/span><\/p>\n<\/blockquote>\nConversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Conversely, there has been a surge in the new users of the staking tokens from Rocketpool. [rETH] and Frax Finance [SFRXETH] following the Shanghai upgrade. According to data from Glassnode, since April 12, the count of new addresses holding rETH and SFRXETH has climbed by 45% and 122%, respectively. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Glassnode<\/p>\n<\/div>\nLido remains king<\/b><\/h4>\nDespite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Source: Glassnode<\/p>\n<\/div>\n
Despite this, Lido’s tenure as the number one liquid staking protocol continues unchallenged. Per <\/span>Glassnode’s<\/span><\/a> recent reports, <\/span><\/p>\n\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\u201cLido stands out as the clear leader in the sector with its supply 16 times higher than its nearest competitor.\u201d<\/span><\/p>\n<\/blockquote>\nPer Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Per Dune Analytics<\/a>Lido’s share of the ETH staking ecosystem has also grown to levels last seen in May 2022. While many anticipated a decline in Lido’s market share following Shanghai, the opposite has been the case. <\/span><\/p>\nSince the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Since the hardfork upgrade on April 12, the total value of ETH staked on Lido has climbed by 32%. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\nHowever, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Source: Dune Analytics<\/p>\n<\/div>\n
However, while Ether staking on the protocol rallied, there has been a persistent drop in ETH staking APR offered by Lido. At press time, this was 3.9, a low last recorded in September 2022. <\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: Dune Analytics<\/p>\n<\/div>\n\nIs your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Source: Dune Analytics<\/p>\n<\/div>\n\n
Is your portfolio green? check the Lido Finance Profit Calculator<\/a><\/p>\n\nWaning demand for LDO<\/b><\/h4>\nAt press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
At press time, LDO traded at $1.92, according to <\/span>CoinMarketCap<\/span><\/a>, An assessment of the alt’s price performance on a daily chart revealed a weakening accumulation pressure. <\/span><\/p>\nKey momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Key momentum indicators were in downtrend positions at the time of writing, indicating that LDO distribution was beginning to overpower accumulation.<\/span><\/p>\n<\/noscript><\/a><\/p>\nSource: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
Source: LDO\/USD, TradingView<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"
stETH new address count has remained the same as in the last year. On the other hand, rETH and SFRXETH have seen an increase in new demand post-Shanghai. The count of new addresses holding Lido’s Staked Ether [stETH] remained unchanged in the last year, despite a notable rise in demand for the DeFi token, data […]<\/p>\n","protected":false},"author":2,"featured_media":119709,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-119708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=119708"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions"}],"predecessor-version":[{"id":119710,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/119708\/revisions\/119710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/119709"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=119708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=119708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=119708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/LDOUSDT_2023-07-08_07-43-14.png\")
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/glassnode-studio_lsts-new-addresses-since-2023.png\")
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-08-at-07.52.55.png\"\/)
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-08-at-07.52.55.png\")
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-08-at-07.53.28.png\"\/)
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/Screenshot-2023-07-08-at-07.53.28.png\")
![\"\"](\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/07\/LDOUSDT_2023-07-08_07-43-14.png\"\/)