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Leading decentralized staking solution Lido’s TVL has reach ed an all -time high of nearly $22 billion today. This growth is attributed to an increase in net ETH deposits and a rise in ETH price, resulting in an 18% upswing in TVL. Additionally, Lido reach ed over 200,000 first -time ETH stakers, and its stETH, including wstETH, saw a 10.34% growth in defi ecosystems, totaling 3.52 million stETH. Lido TVL | DefiLlama You might also like: Binance exit in Russia causes 20% traffic surge on top exchanges The governance aspect of Lido has also seen notable developments, with successful Snapshot votes endorsing proposals related to the wstETH bridge components and the Simple DVT staking module. The advancements are pivotal in enhancing Lido’s functionality and user experience. Additionally, Lido has expanded its presence in the defi space through strategic integrations and partnerships. Notably, it has integrated with Aave V3 on Base and gained listings on the Hashk...

If history repeats itself, Bitcoin will easily be able to deliver a six-figure BTC Price next cycle, the on-chain indicator says. Bitcoin (BTC) may next be a “sell” at at least $110,000 as its new bull cycle plays out, a classic on-chain indicator suggests. Data from on-chain analytics platform Look Into Bitcoin shows Bitcoin’s Terminal Price hinting at a possible six-figure BTC price top. BTC price to six figures next cycle? As BTC price action circles its highest levels in 18 months, forecasters are already considering how high it could go in the coming months and even years. After the next block subsidy halving in April 2024, targets include $130,000, with late 2025 a popular deadline for the next cycle top. Analyzing Terminal Price, Look Into Bitcoin creator Philip Swift described its value as a “simple” method of estimating long-term BTC price peaks. Terminal Price is calculated from Bitcoin’s so-called Transferred Price — a value derived by dividing Coin Days Destroyed (CDD) by ...