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Top 5 Daily Gainers: Lido DAO (LDO), Ethereum Name Service (ENS), Arweave (AR), zkSync (ZK), Pendle (PENDLE)

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2024-06-19 18:09:01547browse

Lido DAO, a platform for staking Ethereum, saw the highest daily gain of 20.37%. The surge can be attributed to increasing interest in staking services.

Top 5 Daily Gainers: Lido DAO (LDO), Ethereum Name Service (ENS), Arweave (AR), zkSync (ZK), Pendle (PENDLE)

Top Gainers in the Last 24 Hours: Lido DAO (LDO), Ethereum Name Service (ENS), Arweave (AR), zkSync (ZK), Pendle (PENDLE)

The cryptocurrency market experienced a positive trend over the last 24 hours, with several tokens posting impressive gains. Among the top gainers were Lido DAO (LDO), Ethereum Name Service (ENS), Arweave (AR), zkSync (ZK), and Pendle (PENDLE).

1. Lido DAO (LDO)

LDO, the native token of Lido, a platform for staking Ethereum, emerged as the biggest gainer with a 20.37% surge in its price. This substantial gain can be attributed to the increasing interest in staking services and the anticipation of rewards from Ethereum 2.0 staking.

2. Ethereum Name Service (ENS)

ENS, which provides decentralized domain name services, saw a significant 15.63% rise in its price. This surge could be due to the increasing adoption of ENS domains and their integration with more blockchain services, enhancing their utility and demand.

3. Arweave (AR)

AR, the token powering Arweave, a decentralized storage solution, experienced a 13.03% gain. This rise might be driven by partnerships and growing recognition of the need for permanent data storage solutions, which Arweave aims to provide.

4. zkSync (ZK)

ZK, the token of zkSync, a layer-2 scaling solution for Ethereum, rose by 12.55%. This increase could be attributed to advancements in scalability solutions and growing adoption of layer-2 technologies, which aim to improve Ethereum's capacity.

5. Pendle (PENDLE)

PENDLE, the token of Pendle, a protocol for tokenizing future yield, saw a gain of 10.64%. This increase might be related to the growing interest in DeFi and yield farming, which Pendle facilitates by enabling users to trade future token yields.

News source:https://www.kdj.com/cryptocurrencies-news/articles/top-daily-gainers-lido-dao-ldo-ethereum-service-ens-arweave-ar-zksync-zk-pendle-pendle.html

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