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LDO Price Surges Following Strong Q2 Performance Report
The price of Lido DAO‘s native token, LDO, is experiencing upward momentum following the release of the protocol’s second-quarter report on August 9th, 2025. The report, shared via X (formerly Twitter), details key growth metrics and reinforces Lido’s position as a leading liquid staking solution.
According to the report, Lido’s total staked token distribution reached 478,700 stETH as of June 30th, 2025. This represents a important portion of the total staked Ethereum, solidifying Lido’s dominance in the public cloud staking landscape. The protocol currently supports staking for Ethereum, Solana, Polygon, Polkadot, and Kusama.
Analysts at CryptoQuant attribute the recent bullish trend in LDO’s spot market to the positive sentiment generated by the Q2 report.
