Data Shows RPL Has Outperformed BTC, ETH, and LDO Since Shapella
- Kaiko recently tweeted that RPL has outperformed BTC, ETH, and LDO since Shapella.
- However, RPL’s price has dropped more than 9% over the last 24 hours.
- LDO is currently ranked as the 31st biggest crypto project while RPL is ranked at number 54.
The blockchain intelligence platform Kaiko (@KaikoData) tweeted this morning that Rocket Pool (RPL) has not only outperformed Bitcoin (BTC) and Ethereum (ETH) since the launch of the Shapella Fork, but has also outperformed Lido DAO (LDO), its closest rival.
The analytics platform also added that Rocket Pool’s Atlas upgrade would allow for smaller 8 ETH staking nodes, which may potentially increase its market share. This will also potentially allow it to catch up to its rival Lido, which is currently the market leader of liquid staking protocols.
RPL’s price is trading at $54.09 at press time following a 9.67% decrease over the last 24 hours according to CoinMarketCap. During this time, the altcoin has also weakened against BTC and ETH by 8.40% and 9.25% respectively. Despite the negative price performance over the last 24 hours, RPL’s we…
The post Data Shows RPL Has Outperformed BTC, ETH, and LDO Since Shapella appeared first on Coin Edition.
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Data Shows RPL Has Outperformed BTC, ETH, and LDO Since Shapella
- Kaiko recently tweeted that RPL has outperformed BTC, ETH, and LDO since Shapella.
- However, RPL’s price has dropped more than 9% over the last 24 hours.
- LDO is currently ranked as the 31st biggest crypto project while RPL is ranked at number 54.
The blockchain intelligence platform Kaiko (@KaikoData) tweeted this morning that Rocket Pool (RPL) has not only outperformed Bitcoin (BTC) and Ethereum (ETH) since the launch of the Shapella Fork, but has also outperformed Lido DAO (LDO), its closest rival.
The analytics platform also added that Rocket Pool’s Atlas upgrade would allow for smaller 8 ETH staking nodes, which may potentially increase its market share. This will also potentially allow it to catch up to its rival Lido, which is currently the market leader of liquid staking protocols.
RPL’s price is trading at $54.09 at press time following a 9.67% decrease over the last 24 hours according to CoinMarketCap. During this time, the altcoin has also weakened against BTC and ETH by 8.40% and 9.25% respectively. Despite the negative price performance over the last 24 hours, RPL’s we…
The post Data Shows RPL Has Outperformed BTC, ETH, and LDO Since Shapella appeared first on Coin Edition.
Read More