Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Ethereum surpasses $2,600 threshold in rally fueled by U.S. payroll numbers

04/07/2025

Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus

04/07/2025

$23.35 Billion Dogecoin (DOGE) Moved by Whales in Just 24 Hours

04/07/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Here’s The Direction Bitcoin Price Always Takes After Bitcoin Conference

    04/07/2025

    Strategy’s Major Bitcoin Accumulation Risks Revealed by Analysts

    04/07/2025

    Trader Says Bitcoin Could Crash by Double-Digit Percentage Points After Confirming Downtrend – Here Are His Targets

    04/07/2025

    Will Bitcoin bears drag price to $100K as BTC struggles at $103K?

    04/07/2025

    Ethereum surpasses $2,600 threshold in rally fueled by U.S. payroll numbers

    04/07/2025

    Ethereum (ETH) Price Prediction for July 4

    04/07/2025

    ETH Skyrockets 7% Daily, the Bulls Eye $2,800 Next

    04/07/2025

    Whale Purchase That Started the Great Rally in Ethereum in May Has Started! “$754 Million ETH Purchase Has Arrived!” Will the Same Rise Happen?

    04/07/2025

    $23.35 Billion Dogecoin (DOGE) Moved by Whales in Just 24 Hours

    04/07/2025

    Chainlink Dominates RWA Project Rankings by Social Engagement

    04/07/2025

    Upbit’s MANTRA (OM) Listing Triggers 15.7% Surge Following April Price Crash

    04/07/2025

    Here’s How Buying XRP Means Having a Vested Interest in Ripple’s Success

    04/07/2025

    Art Blocks’ PostParams Enable a New Medium for Generative Art

    03/07/2025

    Researchers Use AI to Reconstruct 3,000-Year-Old Babylonian Hymn

    02/07/2025

    Ubisoft Adds AI Agents to ‘Captain Laserhawk’ Game That Vote and Govern

    01/07/2025

    Donald Trump Made His New Move Concerning Memecoin TRUMP!

    01/07/2025

    Ethereum surpasses $2,600 threshold in rally fueled by U.S. payroll numbers

    04/07/2025

    Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus

    04/07/2025

    $23.35 Billion Dogecoin (DOGE) Moved by Whales in Just 24 Hours

    04/07/2025

    Ethereum (ETH) Price Prediction for July 4

    04/07/2025
  • Blockchain

    Zoro and AgentsGPT Partner to Advance the Future of Tokenized AI Agents

    04/07/2025

    Ice Open Network Teams Up with Uphold to Bridge Institutional Finance and Web3

    04/07/2025

    Kima Network Taps 8lends to Innovate Cross-Chain Decentralized Lending

    04/07/2025

    Why Is Robinhood Building on Arbitrum Instead of Solana?

    04/07/2025

    CARV Announces Partnership with Cycle Network to Expand Cross-Chain AI Network

    04/07/2025
  • DeFi

    DeFi Enters New Era as Injective Debuts High-Speed Testnet Making it the Only L1 With Unified VM Layer

    04/07/2025

    Multi-Token Swaps Go Live as Burve Debuts on Berachain

    04/07/2025

    Solana Treasury Firm Expands SOL Holdings and Staking Strategy With $2.7M Purchase

    04/07/2025

    Zilliqa Leads with 41% Surge

    04/07/2025

    Justin Hyun on Building Affluent’s DeFi Super‑App in Telegram

    04/07/2025
  • Metaverse

    Microsoft’s AI Diagnoses Like House, Bills Like Costco

    02/07/2025

    Mark Zuckerberg Unveils New Meta AI Lab After Poaching OpenAI Talent

    01/07/2025

    Can China’s MiniMax-M1 AI Topple US Rivals? We Put It to the Test

    28/06/2025

    Meta and OpenAI Use of Copyrighted Books for Training AI Was Fair Use: Federal Judge

    26/06/2025

    How to Get Your Chatbot to Talk Dirty

    18/06/2025
  • Regulation

    Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus

    04/07/2025

    BlackRock targets to become world’s largest crypto asset manager by 2030

    04/07/2025

    Stablecoin Market Hits Record $228 Billion as Global Banks and Corporations Pile In

    04/07/2025

    Singapore’s Trident Digital Targets Mammoth $500M Raise to Establish XRP Treasury

    04/07/2025

    Will GameStop Buy More Bitcoin? Shares Plunge Amid ‘Black Box’ Criticism Over Strategy

    04/07/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Top Optimism DEX Velodrome Launches On-Chain Swap Infra for Superchain

    03/07/2025

    new era for derivative trading on onchain wallet

    03/07/2025

    FTX Reveals Next Repayment Date to Fully Compensate Large Creditors

    03/07/2025

    Gate Surpasses 30 Million Global Users, Accelerating Its Rise as the Next-Generation Crypto Exchange

    03/07/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    WizoLayer Partners with KingdomStarter to Revolutionize Web3 Gaming and DeFi

    04/07/2025

    PlayZap Games Joins Forces with DeFi Cattos to Offer Cutting-Edge Gaming via Aptos

    04/07/2025

    EverQuest, Planetside Co-Creator Reveals Open-World Shooter Game ‘Reaper Actual’

    03/07/2025

    Former Riot, Blizzard Game Developers Raise $30.5M to Build AAA Shooter on Etherlink, Tezos L2

    03/07/2025

    Tether and Adecoagro join forces for sustainable Bitcoin mining

    04/07/2025

    Summer Curtailments Slash Bitcoin Production for US Miners Amid Grid Pressures

    04/07/2025

    CleanSpark’s Tennessee expansion boosts stock 11% amid local unrest

    03/07/2025

    What Are Bitcoin Miners Waiting For?

    02/07/2025

    Why the XRP Legal Battle Still Isn’t Officially Over

    03/07/2025

    Senate Passed Trump’s “Big, Beautiful Bill” With 51-49 Vote

    03/07/2025

    Ripple’s post-2018 XRP sales to institutional buyers don’t violate SEC conditions

    02/07/2025

    New Developments Regarding the Fate of Terra (LUNA) Founder Do Kwon – There May Be a Glimmer of Hope, Here Are the Critical Dates

    02/07/2025

    Ethereum surpasses $2,600 threshold in rally fueled by U.S. payroll numbers

    04/07/2025

    Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus

    04/07/2025

    $23.35 Billion Dogecoin (DOGE) Moved by Whales in Just 24 Hours

    04/07/2025

    Ethereum (ETH) Price Prediction for July 4

    04/07/2025
  • MarketCap
NBTC News
Home»Altcoins»SD Token Price Soars 104% as Coinbase Lists Stader in Asset Roadmap
Altcoins

SD Token Price Soars 104% as Coinbase Lists Stader in Asset Roadmap

NBTCBy NBTC14/08/2024No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Coinbase, the leading crypto exchange in the US, recently announced that it will include Stader (SD) in its asset listings roadmap.

This announcement spurred a dramatic surge in SD’s price.

SD Token Price Surges Amid New Listings

According to BeInCrypto’s data, SD has risen nearly 104% from $0.417695 to $0.850730 within just four hours. Despite the initial surge, SD’s price has stabilized. It is trading at $0.642826 at the time of writing.

Read more: Top 7 High-Yield Liquid Staking Platforms To Watch in 2024

SD Price Performance. Source: BeInCrypto

Stader is a non-custodial, multi-chain liquid staking platform. It offers users access to some of the most rewarding decentralized finance (DeFi) opportunities across Proof-of-Stake (PoS) networks. These include Ethereum, Polygon, BNB, and Hedera.

SD, Stader’s native token, is an ERC-20 token with a maximum supply of 120 million. This token boasts multiple utilities, including a unique SD Utility Pool, liquidity mining incentives, and a governance role within the Stader protocol.

Stader distinguishes itself from native Ethereum staking by lowering the capital commitment for node operators. Instead of the 32 ETH required for native staking, Stader allows node operators to maintain the network with just 4 ETH.

This reduced bond is supplemented by liquid stakers, enabling the issuance of the ETHx token and representing the entire stake. Furthermore, Stader offers users a 50% reward boost, resulting in a reward rate exceeding 6%, while node operators can earn up to 35% more yields with 8x leverage on their staked ETH.

ETHx Restaking Launch and Chainlink Integration Elevate Stader’s DeFi Game

In December 2023, Stader’s ETHx became an accepted liquid staking token (LST) for restaking on EigenLayer. Starting December 18, 2023, users can restake their ETHx.

They can participate either directly on EigenLayer or through the Early Queue on Kelp DAO. These options aim to maximize the rewards for ETHx holders and enhance the staking experience.

Stader also integrated Chainlink CCIP across the Ethereum and Arbitrum mainnets in June. By leveraging CCIP’s Simplified Token Transfer capabilities, Stader facilitates secure cross-chain transfers of ETHx. Stader is sponsoring the ETHx/ETH Chainlink Price Feed on Ethereum to boost ETHx adoption across DeFi.

“We’re excited to integrate the industry-standard Chainlink CCIP to help secure cross-chain transfers of ETHx. By leveraging CCIP’s level-5 security and advanced risk management infrastructure, we can help increase the adoption of ETHx across DeFi,” Amitej Gajjala, Co-Founder of Stader Labs, said.

Read more: What Is Crypto Staking? A Guide to Earning Passive Income

Stader’s TVL. Source: Token Terminal

According to Token Terminal data, Stader’s current total value locked (TVL) is $474.74 million. Although this represents a decrease from its year-high of $706.84 million on March 13, the recent inclusion of Stader on Coinbase’s roadmap signals a vote of confidence in its potential, promising further growth and adoption within the crypto community.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

$23.35 Billion Dogecoin (DOGE) Moved by Whales in Just 24 Hours

04/07/2025

Chainlink Dominates RWA Project Rankings by Social Engagement

04/07/2025

Upbit’s MANTRA (OM) Listing Triggers 15.7% Surge Following April Price Crash

04/07/2025

Here’s How Buying XRP Means Having a Vested Interest in Ripple’s Success

04/07/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Ethereum surpasses $2,600 threshold in rally fueled by U.S. payroll numbers

04/07/2025

Tether Takes Minority Stake in Gold-Focused Investment Company Elemental Altus

04/07/2025

$23.35 Billion Dogecoin (DOGE) Moved by Whales in Just 24 Hours

04/07/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.