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Lighter (LIT) surges 70% on Upbit listing and CFTC advisory role, pushing price toward $4.

Market News
24 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Lighter (LIT) broke out from a consolidation phase, rising over 70% with strong momentum and volume. Key catalysts include its founder joining the CFTC Innovation Advisory Committee and a new listing on South Korea's Upbit exchange, boosting institutional and retail interest. Derivatives activity surged, with open interest up 25%, indicating increased trader exposure and volatility. Support at $3.20–$3.30 suggests $4 is within reach if momentum holds.

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