Token

Rocket

Rocket Pool

<ul class="news-points">
 <li><strong>LDO and RPL prices have been unimpressive for the last 90 days.</strong></li>
 <li><strong>LDO may rise to $1.65, provided the 20 EMA maintains its position above the 50 EMA.</strong></li>
 <li><strong>RPL’s volatility remained low, indicating the viability of major price fluctuations.</strong></li>
</ul>
<p>If there is one sector of the <a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">crypto market</a> that has experienced massive adoption despite the torrid market conditions, it’s the liquid staking sector. However, Liquid Staking Tokens (LSTs) like <a href="https://coinedition.com/lido-finance-dominates-staking-industry-with-28-market-share/" rel="noopener noreferrer nofollow">Lido Finance (LDO)</a> and Rocket Pool (RPL) have not had the same performance.</p>
<p>Sebastian Motelay, research analyst at Token Terminal, posted on X (formerly Twitter) about the matter. According to Motelay, Lido remains the dominant project out of all the liquid staking protocols, with an 84.4% market share.</p>
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   <p lang="en" dir="ltr">3/ Assets Staked<a href="https://twitter.com/LidoFinance?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@LidoFinance</a> still holds the most dominant position in the sector, with a market share of 84.4% based on assets staked. <br><br>Note: The value only takes the projects from this report into account. <a href="https://t.co/sofia0iGuh" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/sofia0iGuh</a></p>— Sebastian Motelay (@SebastianMotel1) <a href="https://twitter.com/SebastianMotel1/status/1711067174863867986?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 8, 2023</a>
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<p>But on the market cap to asset staked ratio, Lido’s performance was underwhelming. At the time of writing, the ratio was 0.11—a very low val…</p>
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/ldo-rpl-see-double-digit-declines-despite-liquid-staking-growth/">LDO, RPL See Double-Digit Declines Despite Liquid Staking Growth</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

LDO, RPL See Double-Digit Declines Despite Liquid Staking Growth

Coin Edition

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