Lido’s 690% dev growth fuels LDO breakout amid revenue strength
Lido DAO (LDO) has seen a 690% year‑over‑year increase in development activity, according to Chain Broker, coinciding with a short‑term price breakout on December 25, 2025. The project also ranked highly for weekly fees and revenue, recording roughly $14.3 million in weekly fees for staking products — a sign of sustained protocol usage despite broader Layer‑1 weakness. LDO rose about 7.65% that day after attempting to breach a descending trendline that intensified following the October 10 crash. Momentum indicators were mixed: RSI near neutral and MACD showing fading downside momentum rather than a decisive bullish signal. Liquidation heatmaps (CoinGlass) highlighted concentrated leverage around $0.51, indicating potential downside if momentum reverses. Overall, the combination of outsized development growth and strong fee generation appears to have bolstered investor interest and supported short‑term strength in LDO, though technical risks and liquidation clusters leave the breakout’s sustainability uncertain.
Neutral
The news is neutral-bullish in tone: significant development growth (690% YoY) and strong weekly fees (~$14.3M) are positive fundamentals that can attract capital and support price recovery. For traders, these metrics increase the probability of further upside as investor focus shifts toward productive protocols. However, technical indicators are mixed (RSI neutral, MACD not decisively bullish) and liquidation heatmaps show concentrated leverage near $0.51, introducing clear short-term downside risk. Historically, projects that combine real development progress and sustained revenue (e.g., staking/infrastructure protocols) have outperformed during risk-off periods, but only after confirmations like higher lows, volume-backed breakouts, or reduction in leveraged exposure. Short-term trading implication: opportunity for momentum trades on confirmations, but use tight risk management around $0.51 and watch for reversion if broader market weakens. Long-term implication: if development and fee trends persist, LDO’s fundamentals support a higher valuation band versus peers, attracting longer-term buyers — provided on-chain usage and revenue continue to grow and technical vulnerability (leveraged clusters) is reduced.