The price of Ether staked on Lido increased by more than 3% in 24 hours

Over the past 24 hours, the price of Lido Deposited Ether (CRYPTO:STETH) increased by 3.92% to $2,444.64. Last week, it saw an increase of 1.0%, from 2,428.48 to its current price. As of now, the coin’s all-time high is $4,829.57. The coin’s trading volume dropped by 41.0% over the past week, growing similarly to the general trend of this coin’s circulating supply, which declined by 1.13%. This brings the circulating supply to 9.72 million. According to our data, the current market cap ranking of ETHS is #8 at $23.76 billion. What has changed since the last time? The price and volatility drops in 24 hours (left) compared to those occurring during the week (right) are shown in the graph below. The gray bands are Bollinger Bands, measuring the volatility of daily and weekly price movements. The wider the bands or the larger the gray area at any given time, the greater the volatility. Power of the CoinGecko API What’s changed since last time? The current price situation of ETHS (CRYPTO: STETH) What happened Over the past 24 hours, the stock lost 0.78% to $2,444.64 against the US dollar. Both the circulating supply and trading volume of ETHS have declined over the past week. The coin’s trading volume dropped by 41.0% over the past week, growing similarly to the general trend of this coin’s circulating supply, which declined by 1.13%. This brings the circulating supply to 9.72 million. According to our data, the current market cap ranking of ETHS is #8 at $23.76 billion. Powered by CoinGecko API This article was generated by Benzinga’s automated content engine and has been reviewed by an editor. Gist of the article

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