Lido wstETH (WSTETH) Price Near $3,690: Latest News and 2025

Updated: November 30, 2025

Lido’s wrapped staked Ether, wstETH (WSTETH), is closing out November trading just below the $3,700 mark, moving in lockstep with Ethereum while also reflecting the protocol’s growing DeFi footprint and ongoing governance decisions.

Below is a deep dive into:

The current WSTETH price in USD
All major Lido / wstETH news from 28–30 November 2025
Short- and long‑term WSTETH price forecasts from leading analytics sites
Key risks and factors to watch if you follow or trade WSTETH

Lido wstETH Price Today (30 November 2025)

Across major data providers, Lido wstETH is trading in a tight band around $3,670–$3,700:

CoinGecko lists WSTETH at $3,690.85 on November 30, up about 0.9% over 24 hours and roughly 8% over the past week, with the weekly move from about $3,417 on November 24 to current levels. ^[1]
Coinbase’s converter shows 1 WSTETH ≈ $3,682.59 as of November 30, 13:04 (local API time). ^[2]
Bitget’s live tracker reports WSTETH at $3,670–$3,680, with a 24‑hour move of about +0.25%, a market cap near $12.5 billion, and daily volume around $15.5 million. ^[3]
Phantom and MetaMask data confirm a circulating supply of ~3.3 million WSTETH and place market cap just above $12 billion, with daily volume estimates around $46 million. ^[4]

In short:

Lido wstETH (WSTETH) is currently trading just under $3,700, with a market capitalization around $12–12.5 billion and tens of millions of dollars in daily trading volume.

Relation to ETH and stETH

ETH price is around $3,000–$3,010 today, according to CoinGecko and Yahoo Finance. ^[5]
This means WSTETH trades at roughly 1.2× the ETH price, reflecting the accumulated staking yield embedded in the token rather than a simple 1:1 peg.

On the week of 24–30 November, WSTETH climbed from the low $3,400s to around $3,690, while ETH bounced from about $2,800 to just over $3,000, leaving both assets modestly higher into month‑end. ^[6]

Key Lido & wstETH News (28–30 November 2025)

Between 28 and 30 November 2025, several developments directly or indirectly affected sentiment around Lido, stETH, and wstETH.

1. Lido DAO Treasury Stablecoin Vote (24 Nov – 1 Dec)

The most formal governance event in this window is the Lido DAO treasury stablecoin strategy vote, running from 24 November to 1 December 2025. ^[7]

According to event trackers:

The proposal reworks how Lido’s treasury holds and deploys stablecoins, aiming to balance:
- Liquidity and runway
- Risk management
- Yield opportunities
Depending on the final parameters and resulting fund movements, traders expect possible knock‑on effects for LDO, Lido’s governance token, and the overall perceived robustness of the protocol.

While the vote is LDO‑focused, it matters for WSTETH because stronger treasury risk management can improve confidence in Lido’s long‑term solvency and operational resilience — important inputs for any liquid‑staking derivative.

2. “Can WSTETHUSD Surpass $4,900?” – Meyka Analysis (29 Nov)

On 29 November 2025, analytics platform Meyka published a piece titled along the lines of “Can WSTETHUSD Surpass $4,900 by the End of November 2025?”. ^[8]

Key points from their market snapshot:

Current price (Nov 29):$3,685.27, up 0.12% from the previous close around $3,680.76.
Market cap: About $13.05 billion.
24‑h trading volume:$27.4 million, notably above the average volume of around $16.8 million, suggesting elevated interest.
Meyka notes:
- A monthly drawdown of ~5.2%,
- But a six‑month gain of ~43.5%, signaling that the broader trend has been up despite recent cooling.

Their article explores whether WSTETH could realistically push to $4,900 by month‑end, framing it as an ambitious but not impossible target in a highly volatile market. That level now looks out of reach with November effectively over, but the discussion underscores that bullish expectations remain for Lido’s staking derivative, especially if ETH resumes a stronger rally.

3. STETH Above $3,000 – “What’s Next for Lido Staked ETH?” (29 Nov)

Also on 29 November, another Meyka analysis focused on STETHUSD — Lido’s unwrapped staked ETH — under the headline “STETHUSD Price Poised Above $3000: What’s Next for Lido Staked ETH?” ^[9]

Takeaways:

STETH has been holding above the psychologically important $3,000 level, closely mirroring ETH while accruing staking yield.
The article frames this as a critical support zone, with upside scenarios tied to:
- Ethereum’s year‑end trajectory,
- DeFi demand for collateral,
- And regulatory clarity around staking products.

Because wstETH is essentially a wrapped, non‑rebasing form of stETH, maintaining this STETH base above $3,000 reinforces confidence that WSTETH’s floor is anchored by core ETH fundamentals.

4. Community Focus: Revenue Split and New Yield Strategies (28–29 Nov)

On Reddit’s r/ethereum daily discussion threads for 28 and 29 November, users highlighted several Lido‑related points: ^[10]

A reminder that around 90% of Lido’s protocol revenue still flows to stETH/wstETH holders, with the remaining 10% split between the DAO and node operators, following recent parameter changes.
Ongoing conversations about whether (and when) a “staked ETH ETF” might eventually appear, which could further institutionalize liquid staking products like stETH and WSTETH.

In parallel, a Medium update published on 29 November outlined high‑yield strategies for “staking WSTETH” in various DeFi protocols, advertising very high APYs (up to triple digits) on certain structured products — but also emphasizing the risks of smart contracts, thin liquidity compared to stablecoins, and interest‑rate volatility. ^[11]

These community and DeFi‑strategy discussions don’t move price directly, but they matter because wstETH is deeply embedded in DeFi, and its demand is partly driven by how attractive — and how safe — those strategies appear at any given time.

5. Lido’s 2026 “GOOSE‑3” and V3 Roadmap Still in the Background

Although slightly before the 28–30 November window, news from 27 November and mid‑November continues to shape sentiment:

A BlockBeats/Weex report on 27 November detailed Lido’s “GOOSE‑3” proposal, setting 2026 goals to transform Lido from an “Ethereum staking middleware” into a multi‑product DeFi platform, with four major strategic pillars. ^[12]
A separate November 15 Blockworks piece covered Lido’s new buyback plan (~$4 million/year at current run‑rate) as part of a tokenomics revamp designed to push Lido beyond pure staking and into a broader liquidity and DeFi platform role. ^[13]

Together, these longer‑dated announcements are still being digested by the market and provide context for why long‑term forecasts for wstETH and Lido’s ecosystem have turned more structurally optimistic, even as prices currently sit well below prior highs.

What Is Lido wstETH and Why It Trades Above ETH

To understand any WSTETH price forecast, you need to understand what wstETH actually represents.

stETH is a token representing staked ETH in the Lido protocol. You deposit ETH, you receive stETH; your balance rebases as staking rewards accrue.
wstETH is a wrapped, non‑rebasing version of stETH. One wstETH is a claim on an increasing amount of stETH over time, so its value rises relative to ETH as rewards accumulate. ^[14]

Key implications:

Price linkage to ETH
- Using CoinGecko data, ETH trades around $3,010, while WSTETH trades near $3,690 — roughly 22% higher, representing cumulated staking yield in the token’s history. ^[15]
- STETH itself stays very close to a 1:1 ratio with ETH (about 0.999–1.000 STETH per ETH over the past week), confirming that Lido’s staking derivative remains tightly anchored to ETH’s price. ^[16]
DeFi collateral role
- wstETH is widely used as collateral in DeFi, with oracles like Chainlink and Pyth providing WSTETH–USD and WSTETH–STETH price feeds to lending markets and derivatives platforms. ^[17]
- That integration tends to support liquidity and demand, but it also means DeFi shocks (liquidations, smart‑contract exploits) can spill into WSTETH pricing.
Market structure
- According to Phantom and other trackers, market cap is around $12 billion, with ~3.3 million WSTETH circulating and $40–50 million in daily volume across exchanges. ^[18]

In other words, wstETH is not a speculative altcoin detached from fundamentals; it’s tightly tethered to ETH and shaped by:

ETH’s own price path,
Ethereum staking yields, and
Perceived safety and governance quality of the Lido protocol.

Short‑Term Lido wstETH Price Outlook (December 2025)

Current Market Setup

From November 24 to 30, WSTETH climbed roughly 8%, while ETH bounced from around $2,800 to just over $3,000. ^[19]

Short‑term dynamics look like this:

Range‑bound price action:
- WSTETH has held a band between about $3,600 and $3,700 for several days (28–30 November). ^[20]
Technical “support” & “resistance” zones (informal):
- Support: Recent lows near $3,400 (Nov 23–24) stand out as the first downside zone traders watch. ^[21]
- Resistance: Price repeatedly stalled in the $3,700–$3,750 area over the last week. ^[22]

Quantitative Short‑Term Forecasts

Several quantitative tools have published near‑term WSTETH projections around the end of November:

Weex price‑prediction model (USD):
- Predicts WSTETH at ~$3,668.11 on 30 November 2025,
- $3,668.61 on 1 December,
- About $3,671.63 by 7 December,
- And around $3,683.21 within 30 days, assuming a 5% annual growth rate. ^[23]
Coinbase’s EUR‑denominated forecast uses a similar 5% growth assumption, projecting December 2025 WSTETH around €3,188.74, which at today’s FX rates corresponds to the mid‑$3,000s in USD terms. ^[24]
Some models overshot reality: one Hexn forecast expected WSTETH at roughly $4,318 on November 29, significantly higher than the actual ~$3,685, illustrating the gap between algorithmic forecasts and real‑world price action. ^[25]

In aggregate, most short‑term models show WSTETH trading roughly sideways into early December — hovering around current levels rather than making an aggressive move higher or lower, assuming no major ETH or macro shock.

What Could Move WSTETH in the Coming Weeks?

ETH Volatility
- If ETH breaks convincingly above $3,100–$3,200, WSTETH would almost certainly follow, preserving its ~20% premium from embedded yield.
- Conversely, renewed weakness toward $2,700–$2,800 (levels seen earlier in November) would drag WSTETH back toward the low $3,000s. ^[26]
Outcome of the Lido treasury stablecoin vote
- A well‑received, conservative treasury strategy might modestly reduce perceived protocol risk, marginally supporting WSTETH demand. ^[27]
- Any controversy or unexpected treasury shifts could briefly weigh on sentiment, especially among large DeFi users.
DeFi yield opportunities for WSTETH collateral
- The November 29 Medium update promoting high APYs on WSTETH strategies shows there is still appetite for using WSTETH as a leveraged yield asset, but it also flags liquidity and contract risk. If those yields compress or a protocol suffers an incident, demand for WSTETH as collateral could soften. ^[28]

Short‑term takeaway: Barring a sharp ETH move or a negative Lido‑specific headline, WSTETH is likely to remain range‑bound around $3,600–$3,800 in the very near term, according to current models and market structure. This is not a guarantee, just an observation of current conditions.

2026 and Long‑Term Lido wstETH Price Forecasts

There are no universally accepted long‑term forecasts for WSTETH itself, but because it is economically equivalent to staked ETH, most models extrapolate from STETH.

Analyst and Model Forecasts for STETH (Proxy for WSTETH)

AMBCrypto stETH forecast ^[29]
- 2025: Expected range $3,383–$5,075, with an average around $4,230.
- 2026: Range $3,874–$5,811, average around $4,842.
- 2030: Much wider band $6,153–$9,230, with a mid‑$7,600s average.
CoinLore / CryptoPredictions range ^[30]
- One model sees maximum STETH around $6,770 and a floor near $4,650 for 2025.
- For 2026, the projected maximum is about $5,396, with lows near $2,834 — a much more conservative view than some bullish takes.
Bitget’s 5% growth model ^[31]
- Uses a steady 5% annualized growth to project:
  - STETH around $3,000–$3,050 into late 2025 / early 2026,
  - $3,916+ by 2030,
  - And over $10,000 by 2050, assuming long‑run compounding.
DigitalCoinPrice “maximalist” outlook
- One projection from DigitalCoinPrice suggests future upside as high as ~$58,000 for STETH in extreme long‑term scenarios, with intermediate highs in the mid‑$6,000s earlier on. ^[32]

Because WSTETH represents stETH plus accrued yield, its USD price should track these STETH forecasts closely, with a slightly higher nominal value over long periods as rewards continue to accumulate.

Scenario Thinking for WSTETH

The numbers below are illustrative translations of stETH forecasts into WSTETH context; they are not price guarantees.

“Base case” (moderate ETH growth, no major Lido issues)
- Ethereum maintains or slightly grows its share of the smart‑contract market.
- DeFi demand for WSTETH remains strong but not euphoric.
- In this scenario, WSTETH could plausibly oscillate between the mid‑$3,000s and mid‑$5,000s through 2026, broadly tracking the $3.8k–$5.8k STETH bands suggested by AMBCrypto and others. ^[33]
Bullish case (ETH expansion + successful Lido DeFi pivot)
- Lido’s GOOSE‑3 / V3 strategy is executed well, turning Lido into a core hub for multiple DeFi products. ^[34]
- ETH re‑tests or surpasses its prior all‑time highs near $4,900–$5,000, and long‑term adoption grows. ^[35]
- In this environment, upside scenarios in which WSTETH revisits or exceeds its historical highs — Bitget cites an ATH of $6,452.82 in 2021, and CoinLore data even records intraday spikes up to around $9,400 in 2025 — become more plausible. ^[36]
Bearish case (regulation or protocol risk)
- Aggressive regulation of staking services in major jurisdictions reduces the attractiveness or legality of liquid‑staking derivatives.
- A serious smart‑contract exploit or validator issue affects Lido or a major protocol deeply integrated with wstETH collateral.
- In such a scenario, WSTETH could trade at a discount to ETH (a “depeg”), potentially testing levels far below current forecasts — a risk no model can reliably quantify in advance.

Risks and Factors to Watch for WSTETH Holders

Even though wstETH is structurally tied to ETH and staking yields, its price is not risk‑free. Major risk categories include:

Smart‑contract and protocol risk
- WSTETH depends on Lido’s contracts, validators, and withdrawal mechanisms functioning properly.
- The November 29 Medium article on WSTETH yield strategies explicitly reminds users of smart‑contract and maturity risks, especially when chasing high APY in layered DeFi products. ^[37]
DeFi integration risk
- WSTETH is extensively used as collateral in lending, leverage, and structured‑yield strategies.
- Past DeFi incidents (such as the Balancer phishing/exploit events referenced in stETH analysis) show that indirect blow‑ups can still affect the perceived safety of an asset even if its own contracts are untouched. ^[38]
Regulatory overhang
- Liquid staking has been under regulatory scrutiny, particularly in the US and EU, and Lido is often cited by name in policy discussions. Price‑prediction sites like DigitalCoinPrice explicitly mention ongoing SEC attention alongside positive staking‑growth data. ^[39]
Governance and tokenomics evolution
- Lido’s buyback plan and GOOSE‑3 roadmap are designed to create a more sustainable, multi‑product platform, but execution risk remains. If governance decisions are perceived as misaligned with stETH/wstETH holders, it could affect demand. ^[40]
Market‑wide crypto risk
- November’s broader crypto recap shows Bitcoin and altcoins enduring renewed volatility, with headlines citing “rough November” conditions shaped by derivatives resets and shifting ETF flows. ^[41]
- WSTETH, being effectively a large‑cap ETH derivative, is exposed to the same macro, liquidity, and sentiment factors that drive the rest of the crypto market.

Conclusion: Where Next for Lido wstETH?

As of 30 November 2025, Lido wstETH (WSTETH) sits:

Near $3,690,
About 22% above ETH thanks to accrued staking rewards,
And about 40–45% below some of its recorded all‑time highs, depending on the data source. ^[42]

The news flow from 28–30 November has been constructive but not explosive:

Lido’s treasury stablecoin vote underlines a maturing approach to treasury and risk management. ^[43]
Analysts debate upside scenarios toward $4,900 for WSTETH, even as the token consolidates below $3,700. ^[44]
STETH’s hold above $3,000, combined with Lido’s longer‑term 2026 DeFi pivot, keeps longer‑term bulls engaged. ^[45]

Short‑term models mostly expect sideways movement around current levels into early December, while 2026+ forecasts for STETH — and by proxy WSTETH — cluster in the $3,800–$5,800 range, with more aggressive scenarios pointing higher if ETH itself returns to or surpasses its prior all‑time highs. ^[46]

Important note

This article is informational only and does not constitute financial or investment advice. Cryptocurrency markets — including assets like Lido wstETH, stETH, ETH, and LDO — are highly volatile and risky. Always: