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CoinGape
2022-07-05 14:55:42

Lido Staked Ethereum (stETH) Close To Eth Price, Why It’s Good For Crypto

Lido Staked Ethereum (stETH) Close To Eth Price, Why It’s Good For Crypto

Lido Staked Ethereum (stETH) slowly repegs with Ethereum (ETH) as total staking assets rose on DeFi liquidity giant Lido. stETH-ETH peg has improved to 0.9778 with the stETH price trading closer to Ethereum (ETH) price at $1073 and $1100, respectively. Moreover, Lido’s native token LDO has jumped by more than 25% in the last 24 The post Lido Staked Ethereum (stETH) Close To Eth Price, Why It’s Good For Crypto appeared first on CoinGape.

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