Lido DAO (LDO) has experienced a remarkable 690% increase in developer activity over the past year, contributing to a 7.65% rise in its token price on December 25. This surge in activity comes amid a broader market downturn, highlighting Lido's resilience.
The network's weekly fees reached $14.3 million, with significant whale activity further boosting LDO's performance. This robust network engagement has allowed LDO to outperform other Layer-1 tokens, signaling strong protocol fundamentals despite market challenges.
Lido Developer Activity Soars 690%, LDO Gains 7.65%
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