According to Captainaltcoin, Lido DAO has completed its integration with Chainlink’s CCIP system, enhancing the security and ease of wstETH transfers across 16 blockchains. The update removes reliance on third-party bridges and supports institutional-grade interoperability. Additionally, Lido finalized a $250k budget for protocol upgrades and vesting terms. On-chain analysis suggests LDO is testing a key horizontal level after breaking out of a two-year descending channel. A sustained move above this level could target $1.30, while a breakdown may push the price toward $0.33.
Lido DAO Completes Chainlink CCIP Integration, LDO Price Shows Signs of Breaking Downtrend
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