{"id":34067,"date":"2025-06-27T14:17:12","date_gmt":"2025-06-27T14:17:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34067"},"modified":"2025-06-27T14:17:12","modified_gmt":"2025-06-27T14:17:12","slug":"lido-shipping-major-updates-why-is-ldo-crypto-still-stuck-below-1","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34067","title":{"rendered":"Lido Shipping Major Updates: Why Is LDO Crypto Still Stuck Below $1?"},"content":{"rendered":"
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LDO crypto is stuck below $1, sliding by over 90% from all-time highs. Lido Finance has been shipping major updates, including the release of v3 in testnet-2. The CSM is also live and permissionless.<\/em><\/p>\n

Lido Finance is a critical part of the Ethereum staking infrastructure. Those who cannot raise the required 32 ETH can stake much less via Lido. What\u2019s great about Lido is that even after staking your ETH, you can still use it for other income-generating activities via ETH.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>10 Coins with High Returns: Crypto Forecast 2025<\/span><\/a><\/strong><\/p>\n

LDO Crypto Tumbles, Down 90% From 2021 Highs<\/span><\/strong><\/h2>\n

With DeFi driving the market in the last bull run from 2020 to 2021, Lido prices spiked to as high as $7.30. However, recent performance shows that LDO \u25bc-0.07%<\/span><\/span> may take years to retest this key level.<\/span><\/p>\n

Currently, LDO crypto is trading below $1, ranging between $0.68 and $0.72 in the past 24 hours. Presently, the LDO price is down 90% from all-time highs, trailing some of the <\/span>best Solana meme coins<\/span><\/a>.<\/span><\/p>\n

Surprisingly, early adopters are still up 70% from the all-time low of $0.40 posted three years ago, per Coingecko data.<\/span><\/p>\n

From the LDOUSDT daily chart, LDO is more likely to break below April 2025 lows than surpass $1.16 and the May 2025 local resistance. Prices have been steadily declining in recent days after an impressive spike in May 2025.<\/span><\/p>\n

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Lido DAO Token<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n<\/div>\n
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LDO<\/div>\n
<\/div>\n
$623.26M<\/div>\n<\/div>\n<\/div>\n<\/div>\n
24h<\/span>7d<\/span>30d<\/span>1y<\/span>All time<\/span><\/div>\n<\/div>\n

<\/canvas><\/div>\n

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The pace of recovery will ultimately depend on how Ethereum performs. As one of the largest DeFi protocols on Ethereum, managing over $22.3 billion in total value locked (TVL), ETH directly impacts LDO prices.<\/span><\/p>\n

\"LDO<\/p>\n

(<\/span>Source<\/span><\/a>)<\/span><\/strong><\/p>\n

If ETH overcomes its recent weakness, surging above $2,800 and $3,000, some of the <\/span>best cryptos to buy<\/span><\/a>, including LDO, could turn around, rewarding patient HODLers.<\/span><\/p>\n

Lido Building: v3 in Testnet as CSM Boosts Decentralization<\/span><\/strong><\/h2>\n

The speed of this recovery, which could lift LDO from its discouraging downward spiral, depends on how quickly their innovations gain traction, further helping the protocol lock in more ETH.<\/span><\/p>\n

Yesterday, Lido developers unveiled Lido v3 testnet-2 on the Hoodi Ethereum testnet. While still in development, the release, once live on the Ethereum mainnet, will introduce an upgraded version of their stVaults system.<\/span><\/p>\n

EXPLORE:\u00a0<\/span>15 New & Upcoming Coinbase Listings to Watch in 2025<\/span><\/a><\/strong><\/p>\n

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Lido V3 Testnet-2 is live.<\/p>\n

Contracts, a modified web UI, and CLI are fully synced and ready for action.https:\/\/t.co\/rJ3qSuuaA6<\/a><\/p>\n

This marks a major milestone on the path to customizable, modular Ethereum staking.<\/p>\n

\u2193 pic.twitter.com\/E1LeViGX1U<\/a><\/p>\n

\u2014 Lido (@LidoFinance) June 25, 2025<\/a><\/p>\n<\/blockquote>\n