Marinade and Jito have both drawn comparisons to Lido (LDO), the best-known and, by far, the largest LST protocol in crypto. Lido has commanded most LST activity on Ethereum (ETH) but struggled to replicate that success on Solana. In mid-October, right at the start of the recent Solana rally, it quit the ecosystem. This left a wider opening for Marinade and Jito, both of which started on and stuck with Solana.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/markets/2023/12/08/jitos-token-launch-pushed-competitor-marinades-mnde-to-all-time-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- :has
- a
- activity
- all-time highs
- and
- At
- both
- but
- by
- Chart
- Coindesk
- comparisons
- competitor
- crypto
- DAO
- DAO Price
- drawn
- ecosystem
- ETH
- eth price
- ethereum
- Ethereum Price
- far
- For
- Have
- Highs
- http
- HTTPS
- images
- in
- index
- IT
- jpg
- largest
- launch
- LDO
- LDO price
- left
- LIDO
- Lido DAO
- live
- marinade
- mnde
- most
- of
- on
- opening
- plato
- Plato Data Intelligence
- PlatoData
- price
- protocol
- pushed
- rally
- recent
- right
- s
- Solana
- start
- started
- success
- that
- The
- this
- to
- token
- token launch
- which
- wider
- with
- zephyrnet