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development's been solid tbh. crossed $1B TVL, launched veHEMI staking with the HIPPO-2 model, integrated LayerZero OFT for hemiBTC cross-chain movement, got Safe wallet deployed. but price is still down 91% from ATH at $0.19 back in Sept. currently at $0.0165 with +7.5% over 30 days so some recovery happening. the BTc DeFi narrative is there, Jeff Garzik involvement still matters, and TVL growth has been legit. fundamentals improving but you're buying a massive discount from peak. risk/reward setup depends on whether you think the infrastructure buildout catches up to valuation

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