According to Odaily, Lido has released its protocol-related data for the week of July 15 to July 22. The data reveals a notable increase in several key metrics for the platform. Total Value Locked (TVL) saw a growth of 9.34%, reaching $34.57 billion. Additionally, the platform recorded an increase of 85,792 ETH in new stakes. On Layer 2, the amount of wrapped staked ETH (wstETH) grew by 4.62%, totaling 170,526 tokens. The seven-day trading volume for (w)stETH was reported to be $1.19 billion.

According to CryptoPotato, the XRP rally has resumed this week with buyers continuing to dominate the market. The key support level is identified at $0.54, while the key resistance level is at $0.68. XRP bounced back from the 54 cents support level after buyers rushed in, leading to a price increase of over 10% since that level was tested. As long as this support is defended, the bullish bias remains intact. However, since XRP reached a local high of nearly 64 cents, the trading volume has been decreasing. While this is not currently a major concern, it could become problematic if the trend continues. A decrease in volume could provide an opportunity for sellers to push against the key support level again. A second test of this support level could be interpreted as a bearish signal. Despite the volatility observed in lower timeframes, the weekly MACD (Moving Average Convergence Divergence) remains strong, showing a clear bullish trend with higher highs on the histogram. As long as this bullish momentum continues, XRP has the potential to aim for new highs and challenge the resistance level at 68 cents.