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LDO surged 16.8% to $0.3269 on July 8 after Lido enabled wstETH transfers on Robinhood and partnered with Anchorage Digital for institutional custody.
London-listed crypto investment firm KR1 moved 3.7 million LDO tokens worth $990,000 to Kraken, signaling a potential institutional sell-off of the Lido DAO governance token.
Lido DAO voted 57.4 million LDO to revoke canonical wstETH bridge endpoints on nine networks after the KelpDAO exploit stressed staking liquidity.
Lido DAO revoked canonical wstETH bridge status on 9 networks via Snapshot vote, reallocating resources while keeping tokens valid and bridgeable back to Ethereum.
Lido DAO (LDO) current price is $0.357726, up 7.88% today.
Lido DAO (LDO) daily trading volume is $47.8M
Lido DAO (LDO) current market cap is $299.1M
Lido DAO (LDO) current circulating supply is 836.3M
Lido DAO (LDO) fully diluted market cap (FDV) is $357.7M
