Lido Staked Ether (STETH) Daily Market Analysis 20 February 2026

Lido's liquid staking dominance holds strong with V3 upgrade and institutional growth – here's the latest: • Lido generated $1.29M in protocol fees (20 February 2026), ranking 2nd on Ethereum • V3 upgrade's stVaults drive institutional adoption, with early partners like Kiln and Linea • stETH TVL stands at ~9.48M ETH ($18.9B) with a 6.09% price jump on 14 February • $LDO token faces value-capture skepticism, trading ~95% down from its all-time high • Key Lido DAO tokenholder call scheduled for 26 February to discuss stVault metrics