Can LDO’s 7% Rally Survive Lido’s Shrinking Staking share?

LDO, the native token of leading Ethereum staking protocol Lido, has emerged as today’s top gainer, climbing 7% in the past 24 hours on strong trading activity.   Positive readings from its on-chain and chart data reinforce the bullish momentum, hinting at the likelihood of sustained gains in the near term. However, there is a catch.   Traders Double Down on LDO Futures open interest tied to the LDO token has climbed with the price over the past day, reflecting increased inflows and bullish market positioning source: https://beincrypto.com/is-ldo-price-rally-sustainable/