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 <p class="is-style-lead">Lido Finance, the liquidity staking platform, has stopped its Solana liquid staking service after voters supported the proposal. At the same time, the price of Cardano has dropped, causing panic among investors. A new project has appeared, offering unique rewards for staking.&nbsp;Everlodge&nbsp;will allow holders of its native token, ELDG, to stake for passive income.</p>
 <h2 class="wp-block-heading" id="everlodge-unveils-staking-program">Everlodge unveils staking program</h2>
 <figure class="wp-block-image"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh6.googleusercontent.com/CMb0KWvQTi6tvpOkRJW8MK5VcjTngFiz00tebLBa_syy_tl-X0yjB3rZP515nZZl9ajeeRZ5PJKFpZhh65Gncov23WetPxEB9KPHz4ZPxgY3zhhwOj-5DEzt9V_sSGk_aOOwrEX5QawPMQI-k0v2vSI" alt="&nbsp;Lido Finance to stop Solana support while Cardano prices fall, new project unveils staking program - 1">
 </figure>
 <p>Everlodge&nbsp;is developing a marketplace allowing people to invest in luxury properties like hotels, vacation homes, and villas with little capital.&nbsp;</p>
 <p>The Everlodge marketplace merges fractional ownership of vacation homes with non-fungible token (NFT) technology.&nbsp;</p>
 <div class="cn-block-related-link">
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 </div>
 <p>This enables users to exchange their NFTs on Everlodge’s marketplace or other marketplaces that offer ERC-721 tokens. Additionally, investors can stake the Everlodge token to earn passive income.&nbsp;</p>
 <p>In stage 5 of its presale, ELDG is available for $0.02. However, analysts expect more <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> gains once Everlodge’s marketplace launches.</p>
 <h2 class="wp-block-heading" id="solana-surges-as-lido-finance-staking-service">Solana surges as Lido Finance staking service&nbsp;</h2>
 <p>Lido Finance has ceased liquid <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> on the Solana network as the platform was not generating enough revenue. This decision was made after a vote by LidoDAO on Oct. 6.&nbsp;</p>
 <p>Lido started accepting Solana <a rel="noopener noreferrer nofollow" title="staking" href="https://thebittimes.com/tag/staking.html">staking</a> requests on Oct. 16, and stSOL holders can unstake by Feb. 4, 2024, after which they will need to use CLI.&nbsp;</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> FTX bankruptcy estate stakes crypto assets in Solana and Ethereum
 </div>
 <p>Lido said the decision was difficult but necessary for the stability of their ecosystem.&nbsp;</p>
 <p>Despite this, SOL <a rel="noopener noreferrer nofollow" title="prices" href="https://thebittimes.com/tag/prices.html">prices</a> are up 8.5% in the weekly chart and 25.8% in the past month.</p>
 <h2 class="wp-block-heading" id="will-cardano-retest-0-3">Will Cardano retest $0.3?</h2>
 <p>Cardano’s ADA is steady above the $0.24 support level despite the market’s uncertain conditions.&nbsp;</p>
 <p>The coin has formed a symmetrical triangle pattern, and experts speculate a 5.5% rally to $0.258 if it stays above the lower trend line.&nbsp;</p>
 <div class="cn-block-related-link">
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  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Cardano’s Hoskinson foresees ADA surpassing Bitcoin&nbsp;
 </div>
 <p>If the coin breaks out of the triangle, there could be a 15% surge, <a rel="noopener noreferrer nofollow" title="taking" href="https://thebittimes.com/tag/taking.html">taking</a> ADA to $0.3.</p>
 <p><strong>Find out more about the Everlodge (ELDG) Presale:</strong></p>
 <p><strong>Website:&nbsp;</strong><strong>https://www.everlodge.io/</strong></p>
 <p><strong>Telegram:&nbsp;</strong><strong>https://t.me/everlodge</strong></p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Microsoft AI chatbot predicts Cardano, Aave, and Everlodge to rally in 2023
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/lido-finance-to-stop-solana-support-while-cardano-prices-fall-new-project-unveils-staking-program-tbt67086.html">https://thebittimes.com/lido-finance-to-stop-solana-support-while-cardano-prices-fall-new-project-unveils-staking-program-tbt67086.html</a></p>

Lido Finance to stop Solana support while Cardano prices fall, new project unveils staking program

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