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Lido DAO Surges to 10-Week High: What’s Driving the Rally?

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Lido DAO Surges to 10-Week High: What’s Driving the Rally?

Lido DAO (LDO) has diverged from the broader market weakness, extending its upward momentum to reach a 10-week high.

During early Asian trading hours, the token climbed to an intraday high of $0.39. At press time, it traded at $0.38, up approximately 10% over the past 24 hours. This contrasted with the total market’s 0.18% dip.

Lido DAO (LDO) Price Performance. Source: BeInCrypto Markets

This latest move builds on a recent recovery, with LDO posting weekly gains of over 23% according to BeInCrypto Markets data. Its market capitalization stood at over $328.5 million, with a 24-hour trading volume of over $60 million.

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Holder Accumulation Fuels Lido DAO’s Rally

Network activity suggests the rally has fundamental backing. Santiment reported that Lido DAO recorded 141 new wallets created in a single day.

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This marked the highest network growth reading in two months. The analytics firm tied this uptick to LDO’s price gain.

“This has helped fuel (and justify) the +21% price boost in the past 48 hours,” the post read.

Nansen data reinforced the accumulation thesis. The top 100 LDO addresses increased their combined holdings to 792.77 million tokens, up 1.1% in one day.

Meanwhile, exchange reserves dropped nearly 1% over 24 hours and 2.92% on a weekly basis.

LDO Token Holder Activity.
LDO Token Holder Activity. Source: Nansen

Declining exchange reserves typically signal reduced selling pressure. When tokens move off exchanges and into private wallets, it suggests holders are positioning for longer-term gains rather than preparing to sell.

The rally coincides with a governance proposal from the Lido Ecosystem Operations team to spend up to 10,000 stETH, roughly $20 million, from the DAO treasury to buy back LDO tokens.

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Taken together, the signals point to improving underlying demand for LDO. If these trends persist, particularly alongside the proposed buyback initiative, the token might sustain its upward trajectory in the near term.

However, broader market conditions still remain a key factor in determining whether this rally evolves into a more durable trend.

The post Lido DAO Surges to 10-Week High: What’s Driving the Rally? appeared first on BeInCrypto.

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Ripple taps Kyobo Life to enable real-time government bond settlements in Korea

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Ripple partners with Kyobo Life
Ripple partners with Kyobo Life
  • Partnership cuts bond settlement time from two days to near real-time.
  • Bond settlements will use blockchain to reduce risk and remove intermediaries.
  • Impact expands into payments, liquidity, and treasury systems.

Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest institutional investors, stepping into government bond settlement.

This move signals a shift in how traditional financial infrastructure is being rebuilt.

Instead of relying on legacy systems that take days to complete transactions, the partnership is focused on bringing government bond settlements onto blockchain rails, where transactions can be executed almost instantly.

At the same time, the price of Ripple’s native token XRP is up 4.1% to $1.41 after stalling below $1.38 for a while following the announcement of the partnership.

A move away from slow settlement systems

Government bond markets are among the most important pillars of any financial system. Yet, the infrastructure behind them has remained largely unchanged for decades.

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Today, settling bond transactions typically takes two days. This delay, often referred to as T+2, creates several inefficiencies.

Capital remains locked during the waiting period, institutions face counterparty risk, and multiple intermediaries are required to complete a single transaction.

The new system being developed in South Korea aims to remove these bottlenecks.

By tokenising government bonds and settling them on-chain, transactions can move from a two-day process to near real-time execution.

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This reduces the need for intermediaries and allows both parties to complete transactions simultaneously, improving trust and transparency.

For large institutional players like Kyobo Life, which manages tens of billions of dollars in assets, even small efficiency gains can translate into significant financial impact.

Building institutional-grade blockchain infrastructure

The backbone of this initiative is Ripple’s custody and settlement technology, designed specifically for regulated financial institutions.

This is not a public, open-ended blockchain experiment. It is a controlled, compliant system built to meet the standards of traditional finance.

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Security, auditability, and regulatory alignment are central to its design.

The idea is simple: replicate the functions of existing financial infrastructure, but do it faster, with fewer layers, and with better visibility.

Kyobo Life’s role in the partnership is equally important. As a major institutional investor, it brings real-world scale to the project.

This is not a theoretical use case. It is a live test of how blockchain can support high-value financial instruments in a regulated environment.

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The project has already progressed beyond early-stage research.

After initial proof-of-concept work in 2025, it has moved into a test environment, where the system is being evaluated under real-world conditions.

By bringing government bond settlement onto blockchain, Ripple and Kyobo Life are laying the groundwork for a more efficient financial system. One where transactions are faster, risks are lower, and capital moves with fewer constraints.

And if it succeeds, it could reshape not just how bonds are settled in Korea, but how financial markets operate more broadly.

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Morgan Stanely Bitcoin ETF overtakes WisdomTree

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Morgan Stanely Bitcoin ETF overtakes WisdomTree

Morgan Stanley’s new spot Bitcoin exchange-traded fund has just surpassed the WisdomTree Bitcoin Fund (WBTC) in total net inflows, despite launching just over a week ago. 

The Morgan Stanley Bitcoin Trust (MSBT) added $19.3 million of investor inflows on Wednesday, bringing its total net inflow to $103 million.

The figure has now passed WisdomTree Bitcoin Fund’s (WBTC) total net inflow of $86 million, which it had been accumulating since launching in January 2024, Farside Investors data shows. 

More asset managers are looking to push into the growing Bitcoin ETF space. On Tuesday, Goldman Sachs, a former crypto critic, filed with the SEC to launch its own Bitcoin-linked ETF. 

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Flow data for the US spot Bitcoin ETFs since March 30. Source: Farside Investors

The Morgan Stanley spot Bitcoin ETF product launched on April 8 at a market-low fee of 0.14%, undercutting the Grayscale Bitcoin Mini Trust ETF (BTC) by one base point. 

It joined 11 other spot Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust ETF (IBIT) — the current market leader with $64.3 billion in net inflows and the Fidelity Wise Origin Bitcoin Fund at $10.9 billion.

MSBT’s other competitors include Bitcoin ETFs issued by Bitwise, ARK 21Shares and Grayscale.

Continuing momentum could also see Morgan Stanley’s Bitcoin ETF surpass Invesco Galaxy Bitcoin ETF (BTCO), Valkyrie Bitcoin ETF (BRRR) and the Franklin Bitcoin ETF (EZBC), which have accumulated net inflows of $245 million, $326 million and $375 million, respectively. 

The average lifespan of ETFs is shrinking

A Bloomberg report from April 2 found that the average lifespan of ETFs fell from 4.66 years in 2024 to about 3.5 years in 2025.

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Over 40 ETFs have also been liquidated in the first two months of 2026, though none of those include any notable crypto ETFs. 

Related: Bitcoin ETFs could eventually be larger than gold ETFs: Analyst

The ETFs that were liquidated across the first two months of 2026 had an average lifespan of 21 months, half that of the ETFs that were liquidated in 2025.

Bloomberg ETF analyst James Seyffart predicted in December that many crypto exchange-traded products would be liquidated by the end of 2027 due to a lack of demand.

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At the time, over 126 ETP applications were awaiting an outcome from the SEC.

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