Data Shows RPL Has Outperformed BTC, ETH, and LDO Since Shapella POOL +1.14% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ATCO 0.00% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close BTC/USD +2.53% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close ETH/USD +0.63% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to:
Please name your holdings portfolio Type: BUY SELL Date: Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100 1:200 1:400 1:500 1:1000 Commission: Create New Watchlist Create Create a new holdings portfolio Add Create + Add another position Close
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 (NASDAQ: 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.
RPL, BTC, LDO and ETH performances since Shapella (Source: Twitter)
The analytics platform also added that Rocket Pool’s Atlas (NYSE: ATCO ) 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 weekly performance remains in the green at over 13%.
Meanwhile, LDO’s price has fallen 1.60% over the last 24 hours to trade at $2.49 at press time.Similar to RPL, LDO has also weakened against BTC and ETH over the last 24 hours.
Currently, LDO is down 0.01% against BTC and 0.99% against ETH.
LDO’s market cap is estimated to be $2,170,530,284 at press time, which ranks the leading liquid staking protocol at number 31 on CoinMarketCap’s list of the biggest crypto projects in terms of market cap.Meanwhile, RPL is ranked number 54 on the list, with a market cap of $1,051,685,151.
Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith.
Readers must do their own research and due diligence.Any action taken by the reader is strictly at their own risk.Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.
The post Data Shows RPL Has Outperformed BTC, ETH, and LDO Since Shapella appeared first on Coin Edition.
See original on CoinEdition
Data Shows RPL Has Outperformed BTC, ETH, and LDO Since Shapella.
