Layer 2 staking upgrade coincides with Lido price uptrend

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Lido jumps 8.27% on Layer 2 boost

Highlights

Lido now allows users to stake ETH from Arbitrum, Base, Linea, and Optimism, enabling instant receipt of wrapped staked ETH using Chainlink's cross-chain protocol.
VanEck withdrew its Lido staked Ethereum ETF application prior to launch, limiting ETF-driven exposure to stETH with no direct effect on LDO.
LDO trades with strong bullish momentum, up 8.27% at $0.4152, with most indicators confirming high probability of further gains and an expected range of $0.3962 to $0.4342 over 2 to 3 days.

Staking expansion and ETF withdrawal reshape ecosystem flows

Lido has expanded its staking capabilities by enabling users to stake ETH directly from Layer 2 networks such as Arbitrum, Base, Linea, and Optimism, utilizing Chainlink's Cross-Chain Interoperability Protocol for instant receipt of wrapped staked ETH, as reported by Cryptobriefing and CoinGape. This enhancement streamlines the staking process, reduces transaction friction, and could drive greater participation in Lido's ecosystem, bolstering usage and related market activity. Separately, Digitaltoday Co reported that VanEck withdrew its application for a Lido staked Ethereum ETF before launch, a move that limited potential ETF-driven exposure to stETH but does not directly affect LDO.

Bullish momentum accelerates above technical support and averages

On the technical front, LDO/USD trades above its MA-20 ($0.4006) and MA-50 ($0.4018) levels on the H1 timeframe, and remains well above the daily MA-200 ($0.3497). The Ichimoku Kijun at $0.3941 provides immediate support. Key indicators reflect bullish momentum: MACD is on a Buy signal, while RSI, CCI, Bull/Bear Power, and the Awesome Oscillator all point to strong buyer dominance. ADX and Stochastic RSI are neutral, offering limited directional cues.

Upside favored as bullish risks outweigh breakdown potential

In the short term, the expected trading range for LDO/USD is $0.3962 to $0.4342 over the next 2–3 sessions. The probability of an upward move is considered very high, with potential for the price to test the upper end of the range if bullish momentum continues. A bullish scenario would see gains extended above resistance, while a breakdown below immediate support could trigger a decline toward the lower boundary of the forecast range.

Viktoras Karapetjanc, expert at Traders Union, sees Lido’s direct staking integration with Layer 2s as a major boost for ecosystem engagement. He believes this step solidifies Lido’s position in the market despite the recent ETF withdrawal. The analyst notes that technicals confirm strong underlying momentum. Near-term price action favors buyers. "With improved access and sustained demand, I expect LDO to test its upper range and possibly extend gains if bullish sentiment prevails."

Previously it was reported that Lido faced narrowing institutional access and intensified downside momentum following the withdrawal of a major ETF application and mixed validator developments. The current technical setup, alongside new Layer 2 staking support, marks a shift toward bullish momentum, making sustained price action above the Ichimoku Kijun at $0.3941 an important indicator for further upside potential.

Source of Data: LDO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.