Invezz
2025-08-27 14:34:31

Livepeer’s LPT token price is soaring, but what is causing the rally?

The price of Livepeer’s native token, LPT, has surged in recent days, grabbing the attention of traders and crypto enthusiasts. After trading below the $6 mark, the token suddenly broke out, climbing past $8.10 in a matter of hours, representing a gain of nearly 36% in a single day. Notably, the surge has been supported by a spike in trading volume, which exceeded $413 million within the same period. This volume increase signals that new buyers are entering the market and existing investors are adding to their positions. Importantly, a former resistance level around $6.50 has flipped into a new support zone, giving traders confidence that the breakout may be sustainable in the near term. The sharp rally, coupled with rising market activity, has raised questions about what is fueling the momentum behind this decentralised video infrastructure project. Why is the Livepeer price rising? The rally is not only a product of speculative interest. Livepeer’s fundamentals have also played a role in strengthening investor sentiment. Just this week, the network announced that its participation rate had crossed 50.4%. This milestone is significant because once the rate surpasses 50%, the protocol’s inflation rate begins to taper. That change makes the token’s economics stronger while still rewarding those who help secure the network. A higher participation rate also signals deeper community involvement, which enhances decentralisation and security. Livepeer @Livepeer · Follow 📊 Livepeer’s participation rate has crossed 50.4%!Why it matters: once above 50%, protocol inflation begins to taper, strengthening token economics while keeping incentives aligned.More participation → stronger, more secure network. 9:07 PM · Aug 26, 2025 22 Reply Copy link Read 3 replies For investors, this translates into confidence that the project is maturing in line with its long-term vision. On the community side, Livepeer continues to engage users through its Fireside events. The next session, scheduled for August 27 , will feature the Livepeer Foundation sharing ecosystem updates and insights. Events like these often strengthen investor confidence by showcasing ongoing development and transparent communication from the team. Key LPT price levels to watch Despite the strong momentum, traders are closely monitoring key price levels that could determine LPT’s next direction. According to our market analysis, the token needs to stay above $7.04 to maintain bullish potential. Holding this level would allow LPT to target its first major resistance at $8.33. A breakout above that zone could open the door to further gains toward $9.60 and potentially $11.81. On the downside, a failure to hold the $7.04 support would place pressure on the market, possibly dragging the token back to $5.50. For now, all eyes are on whether Livepeer can maintain its upward trajectory and challenge the higher resistance levels. If bullish sentiment persists, the token could be on track for a broader recovery that places it back on the radar of the wider crypto market. The post Livepeer’s LPT token price is soaring, but what is causing the rally? appeared first on Invezz

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