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Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko

boss Cryptocurrency Market, News

The Ethereum liquid staking derivatives finance (LSDFi) ecosystem has seen a surge in growth this year as Ether (ETH) holders chose to stake rather than liquidate.Despite ETH withdrawals being enabled with the Ethereum Shapella upgrade in April 2023, an Oct. 16 LSDFi report from crypto data aggregator CoinGecko said the

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Ethereum price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off

boss Exchanges, News

Ethereum (ETH) has been on a downward trend with the $2,000 level forming a crucial resistance level in recent months.While Bitcoin (BTC) recorded 11.94% gains moving past $30,000 in June after BlackRock filed an ETF application with the U.S. Securities and Exchange Commission, the upside in ETH stayed around 3.16%.In

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