Lido price forecast: LDO eyes further gains as BitGo enables native ETH staking via Lido

BitGo has launched Ethereum staking through Lido, contributing to a rise in DeFi activity with TVL exceeding $31 billion. The increase indicates heightened institutional interest.

LDO’s price rose over 5% after the announcement, continuing its positive trend. Technical indicators suggest a bullish run, with resistance levels approaching key targets.