$LDO It functions like Ethereum's vault. People lock their ETH and receive stETH in return. Since this stETH is used as money in many places today, it has become one of the main assets circulating within the system. With a market size of approximately $19 billion, it is the largest player in this space and holds a significant portion of the market. If major investment funds around the world decide to enter Ethereum staking, the first place they will turn to is Lido, which holds a 24% market share. The most important development: With the proposal presented on March 27, Lido management plans to allocate about $20 million from its treasury to buy back LDO tokens from the market. They believe that the current price is undervalued given the project's strength. The buyback process is still pending approval, and if approved, it is expected to gradually begin in Q2 2026 without disrupting the market. But the real big story doesn't end there… A more significant development discussed on the Lido side is the implementation of an automatic buyback system, where a portion of the earned revenue will be used to buy back LDO tokens regularly. If this system is activated, Lido will no longer be just an infrastructure project but will evolve into a structure that consistently adds value to its own token.

🪙Bitmine acquired an additional 71,179 ETH (~$148M) last week, raising its total holdings to over 4.7 million ETH (~$9.8B), representing 3.92% of the total supply in just 8 months. CEO Tom Lee proudly boasted that ETH has outperformed gold by approximately 18% since the US-Iran conflict began. However, he also warned that crypto can only survive the winter once oil prices stop escalating. In addition, Bitmine has launched its own ETH staking platform, MAVAN. Currently, the company stakes 66% of its ETH holdings, generating $177M/year. If it stakes all of its holdings, this figure could reach $266M/year.