Lighter (LIT) rebounded 11% after a sell-off linked to SEC delays on tokenized stock trading. Protocol fees hit a five-week high at $152,000, while total value locked (TVL) rose to $149 million, signaling strong user commitment. Binance led trading with $69.82 million volume, driving open interest up by $29.9 million to $249 million, mostly on long positions. Technical indicators suggest LIT could reach $1.47 soon, with higher targets at $1.74 and $2.03 if momentum continues.
Lighter (LIT), a top-performing altcoin this week, fell about 16% in the last 24 hours following the SEC's decision to delay trading of tokenized stocks. This regulatory setback caused a drop in interest and open interest across exchanges, with whale...
Tokens linked to real-world assets (RWA) and stable-value tokens reached new all-time highs recently, even as major cryptocurrencies like Bitcoin and Ethereum remain significantly below their previous peak prices. This divergence highlights a fragmen...
While major cryptocurrencies like bitcoin and ether have seen little change recently, tokens linked to perpetual-futures platforms such as Hyperliquid's HYPE have surged over 40%, driven by strong trading volumes and fee revenue. Privacy-focused coin...
