Lighter (LIT) surged 13% to a new local high of $4.67, marking its third consecutive day of gains and outperforming both Hyperliquid (HYPE) and Ethereum (ETH) over the past five months. This rally is driven by increased network activity following the integration of LIT’s perpetual DEX into Robinhood Wallet, which boosted trading volume and protocol fees, fueling demand and reducing token supply. Despite LIT’s market cap being much smaller than HYPE’s, the gap is narrowing as LIT gains traction in the decentralized exchange sector. However, the recent surge may face volatility as the data does not guarantee sustained gains.
A single crypto whale purchased $7.22 million worth of nine different cryptocurrencies within 24 hours, with a strong focus on decentralized finance (DeFi) tokens like LIT, ENA, and ONDO, which make up 57% of the investment. The portfolio also includ...
In the past 24 hours, several cryptocurrencies experienced varied price changes. IRYS led gains with a 33.27% increase to 0.01991 USDT, followed by LIT and VVV with rises of 7.04% and 5.11% respectively. On the downside, TIA fell sharply by 9.53%, wi...
