1h ago
Lido DAO’s 690% development surge and $14.3M weekly fees drive LDO rebound after October crash
On 25 December, Lido DAO’s LDO token climbed about 7.65%, standing out among daily gainers as broader Layer-1 assets remained weak. Data indicated a 690% year-over-year rise in development activity and roughly $14.3 million in weekly fees, pointing to strong protocol usage even after the 10 October price crash. However, technical signals were mixed and leverage clusters near $0.51 suggested that short-term downside risk had not disappeared.