Is Lido’s Staking Share Drowning? Find Out If LDO Can Swim Back to Profit! ๐ŸŠโ€โ™‚๏ธ๐Ÿ’ธ

  • Oh dear, Lido has lost 9% in the ETH staked market while Ether Fi is strutting around with a 30% gain. Talk about a glow-up! ๐Ÿ’โ€โ™€๏ธ
  • Ether Fi token is like that overachieving friend who always has more upside potential than LDO. Ugh, can we just not? ๐Ÿ™„

So, Lido [LDO] has taken a bit of a tumble in Ethereumโ€™s [ETH] staking market, losing a hefty chunk to Ether.Fi. Analysts are whispering that if the SEC decides to play nice with DeFi, Lido might just get a second chance at life. Fingers crossed! ๐Ÿคž

In the first half of 2025, Ether Fiโ€™s staked ETH skyrocketed by 30%, while Lido decided to take a leisurely decline of 9%. Thanks for the update, Tom Wan, Head of Data at Entropy Advisors! ๐Ÿ™ƒ

In the past month, Ether Fi has been the star of the show with 286.3K staked ETH, while Lido was busy losing 182K ETH. Oops! ๐Ÿ˜ฌ

Surprisingly, this drama unfolds as the overall ETH staking hits a record high. Who knew investors had so much faith in ETH? Maybe they just like the thrill of the rollercoaster! ๐ŸŽข

Assessing LDO Recovery Potential

On the token market performance, Lido could offer a massive upside if it manages to pull off a miracle rally. Spoiler alert: miracles are rare! ๐Ÿ˜…

Notably, LDO dropped a staggering 75% in early 2025, plummeting from $2.5 to $0.6. It did manage to recover 60% in Q2, but only 16% (160 million LDO) of the total supply is in profit. Yikes! ๐Ÿ˜ฑ

But wait, about 840 million LDO supply is still in the red. Should they wait to break even or just throw in the towel? The suspense is killing me! ๐Ÿ˜ฉ

Further evaluation revealed that the main on-chain resistance is hanging out around $1.5-$1.7, according to IntoTheBlock. Sounds like a party I want to crash! ๐ŸŽ‰

Around this zone, about 5.5K addresses bought 167 million LDO, making it a key break-even point for a significant part of the supply. Talk about a hot spot! ๐Ÿ”ฅ

At press time, LDO is trading at $0.96. If it can muster the strength to recover to $1.5, that could mean a potential 53% gain. But letโ€™s be real, Ether Fi might still be the better bet! ๐Ÿ’ธ

According to the Ether Fi/Lido ratio, Ether Fi outperformed LDO by a whopping 130% in May. Ouch! Thatโ€™s gotta sting! ๐Ÿ˜ฌ

The ratio has now formed a bull flag pattern, implying a potential 57% relative Ether Fi gain over LDO. Buckle up, folks! ๐Ÿš€

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2025-06-12 01:15