Lido Staked SOL – Time To Buy Crypto

Is it a good time to buy Lido Staked SOL right now?

Current Price: $25.30

Average Daily Volume

Lido Staked SOL is currently ranked number 298 worldwide with a daily trading volume of $1,333,686.00, which it will make it not so easy for you to sell your holdings of Lido Staked SOL.

Rating: 2/5

Market Cap

Lido Staked SOL has a total market cap of $98,917,260.00.

Rating: 4/5

Community

Lido Staked SOL has 171,249 total followers in all its social media accounts.

Rating: 0/5

All Time High

Lido Staked SOL is currently -90.39% from its highest price $263.24 on 2021-11-07.

Rating: 5/5

Price Potential

The Lido Staked SOL price has the potential to increase to $16,453.68 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Lido Staked SOL right now.

Overall rating: 4/5

How to buy Lido Staked SOL today?

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What Is Lido Staked SOL?

‘Lido for Solana’ is a Lido-DAO governed liquid staking protocol for the Solana blockchain. Anyone who stakes their SOL tokens with Lido will be issued an on-chain representation of SOL staking position with Lido validators, called stSOL. This will allow Solana token holders to get liquidity on their staked assets which can then be traded, or further utilized as collateral in DeFi products.

stSOL is the liquid token that represents your share of the total SOL pool deposited with Lido. As soon as you delegate to the pool, you receive the newly minted stSOL. Over time, as your SOL delegation accrues rewards, the value of your stSOL appreciates. There is no waiting time for receiving stSOL tokens.

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