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Lido Price Plunges as Sellers Gain Upper Hand Amid Rising Institutional Interest

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ETH LDO
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Lido's price has declined by 8.59% on the day, trading at $0.3414.

The asset is currently below its key moving averages but remains above longer-term support.

Institutional participation in Ethereum staking via Lido is rising as more funds and treasuries seek yield and compliance.

This increasing engagement widens the protocol's utility and supports long-term demand for Lido's staking services.

However, LDO/USD faces strong seller momentum with a likely 2 to 3 day range of $0.3308 to $0.3497, with upside probability described as very low.

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