{"id":536186,"date":"2023-06-02T09:55:29","date_gmt":"2023-06-02T09:55:29","guid":{"rendered":"https:\/\/uniquehot.com\/?p=536186"},"modified":"2023-06-02T09:55:29","modified_gmt":"2023-06-02T09:55:29","slug":"lsd-tokens-rally-as-ethereum-staking-ramps-up-here-are-the-leaders","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/lsd-tokens-rally-as-ethereum-staking-ramps-up-here-are-the-leaders\/","title":{"rendered":"LSD Tokens Rally As Ethereum Staking Ramps Up, Here Are The Leaders"},"content":{"rendered":"
Ethereum Liquid staking derivatives (LSD) tokens are taking over the reins today as they have begun another rally. This rally was a result of an accelerated rate of ETH staking, which has led to a surge in the balances of these liquid staking protocols.<\/p>\n
LSD Tokens Take Advantage Of The Surge<\/h2>\n
As the total amount of ETH staked on the Ethereum network rose, so did the value of LSD tokens rise. Over the last day, coins like Lido Finance (LDO) and Rocket Pool (RPL) have been on the rise. The latter also emerged as the number 3 top gainer with almost 10% gains in the last 24 hours.<\/p>\n