$LDO Ethereum's wallet works like a vault. People lock their ETH and receive stETH in return. Since today this stETH is used as money in many places in the market, it has become one of the main assets circulating within the system. With a size of approximately 19 billion dollars, it is the largest player in this field and holds a significant part of the market. If the major investment funds worldwide decide to enter the Ethereum staking business, 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 buy back LDO from the market by allocating about $20M from its treasury assets.
They believe that the current price is undervalued given the project's strength. The process is still in approval, and if approved, the buybacks are expected to start gradually without disturbing the market in Q2 2026.
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 is used to buy back LDO regularly. If this system is activated, Lido will no longer be just an infrastructure project but will transform into a structure that regularly adds value to its own token.