The post LDO Price Drops 3.8% as Lido DAO Faces Market Share Decline Despite Recent Bullish Rally appeared on BitcoinEthereumNews.com.

Terrill Dicki
Jul 28, 2025 21:46

LDO trades at $1.08 after a 3.8% decline, testing support levels as Ethereum staking market share concerns weigh on recent institutional investment gains.

Quick Take • LDO currently trading at $1.08 (-3.82% in 24h) • LDO RSI at 59.01 shows neutral momentum after recent overbought conditions • Lido’s Ethereum staking market share drops to 25%, creating bearish pressure despite Arthur Hayes’ $1M investment What’s Driving Lido DAO Price Today? The LDO price is experiencing downward pressure following news that Lido’s share of the Ethereum staking market has declined to 25%, marking its lowest point since March 2022. This development has introduced significant bearish sentiment, countering the positive momentum generated earlier this week. Despite this recent setback, LDO had shown remarkable strength just days ago. Arthur Hayes’ $1 million investment on July 18 catalyzed a 20% surge, pushing the LDO price to $1.20 on July 22. The BitMEX co-founder’s institutional backing had generated substantial whale accumulation and bullish momentum across the LDO/USDT trading pair. However, the market share decline represents a fundamental concern for Lido DAO’s long-term dominance in liquid staking. As competing protocols gain ground, investors are reassessing LDO’s value proposition, leading to profit-taking from recent highs. LDO Technical Analysis: Mixed Signals Emerge The Lido DAO technical analysis reveals a complex picture with conflicting indicators. LDO’s RSI currently sits at 59.01, having cooled from overbought levels above 80 reported earlier this week. This normalization suggests the recent selling pressure may be reaching equilibrium. Lido DAO’s moving averages paint a bullish medium-term outlook, with the price trading above the SMA 20 ($1.01) and significantly above the SMA 50 ($0.86). However, the proximity to the SMA 200 at $1.10 creates a critical resistance zone that LDO must reclaim…

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Filed under: News - @ July 29, 2025 11:27 am