Lighter Rockets Past $1.2B Market Cap Amid Whale Buying Frenzy

Lighter [LIT] surged by nearly 18% in the past 24 hours, pushing its market cap above $1.20 billion.

The rally came after a seven-day price correction and was fueled by whale accumulation, network expansion, and a technical breakout.

Analyst Michael van de Poppe mentioned Lighter as one of the selective altcoin runners, citing thin liquidity in the markets.

The DEX integration with Circle's Arc chain could provide stablecoin liquidity, while whales continued to buy the token.