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Paradigm recently moved 6.744 million $LDO (valued at $8.97 million) to Coinbase Prime, marking another significant transfer just three hours ago. These transfers, which began after $LDO’s price surge on November 7, are part of a larger selloff. Initially, Paradigm bought 70 million $LDO tokens directly from the Lido Treasury at $0.76 each. Over the … Read more
The decentralized application (DApp) space continued to show impressive revenue growth in Q3 2024, with a range of platforms across various blockchain ecosystems generating millions. Here’s a closer look at some of the highest-earning DApps this quarter. Leading the charge is Pump.fun, a Solana-based platform for minting memecoins, which saw record-breaking growth, generating $262 million. … Read more
For the third day in a row, Paradigm has offloaded a substantial amount of Lido DAO (LDO) tokens, transferring 11 million LDO, valued at approximately $14.08 million, to Coinbase Prime around 30 minutes ago. This series of transactions follows the sharp rise in LDO’s price on November 7, signaling Paradigm’s ongoing profit-taking strategy. Out of … Read more
Earlier this week, Lido Finance ($LDO) introduced the Community Staking Module (CSM) on the Ethereum mainnet, marking a significant development in its liquid staking solutions for proof-of-stake (PoS) networks. CSM opens with an Early Adoption phase, where select solo stakers and high-performing participants from the testnet stage gain initial access. This module enables any node … Read more
Rune Christensen, the founder of Sky (formerly MakerDAO), is close to offloading the last of the 25 million $LDO tokens he originally received as an early member of Lido Finance’s decentralized autonomous organization (DAO). On December 17, 2020, Christensen was allocated 25 million $LDO when the token was priced at $1.75. Since 2022, Christensen has … Read more
Earlier this week, a whale executed a significant trade, selling 150,428 INJ tokens worth $3.29 million and purchasing 2.44 million LDO tokens valued at $3.05 million through Cumberland. Lido Finance, along with Aave, continues to dominate as one of the most revenue-generating applications. A whale sold 150,428 $INJ($3.29M) and bought 2.44M $LDO($3.05M) via #Cumberland in … Read more
Despite lagging in 2023, DeFi 1.0 assets are now positioned for a significant breakout. DeFi blue chips like AAVE, Maker (MKR), and Lido (LDO) are hitting all-time high revenues even as their valuations remain low. This trend is driven by several factors, including a pro-crypto U.S. landscape, ETH institutional adoption via ETFs, a stronger focus … Read more
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum Drop, Numerous Tokens See Major Losses As of this writing, the global crypto market capitalization stands at $2.39 trillion, reflecting a … Read more
In the wake of a 10% decline in LDO over the past week, a significant transaction has drawn attention. An address identified as 0x0ff…07A85 deposited 3.76 million LDO into Coinbase within the last day, a holding valued at approximately $6.89 million. This address initially opened a position of 6.94 million LDO at an average price … Read more
In the dynamic cryptocurrency market, Lido DAO (LDO) experienced a substantial 12% surge in the last 24 hours, reaching $3.6, while its market capitalization stands at an impressive $3 billion. Santiment’s recent revelation highlighted Lido DAO among the tokens witnessing a surge in address activity, indicating growing interest and participation since the beginning of the … Read more
