Lighter price jumps 21% as Robinhood Wallet partnership draws attention

Lighter’s LIT token has climbed more than 20% to around $3.90 as attention has returned to its Robinhood Wallet partnership and Delphi Digital’s assessment of the exchange. Summary Robinhood announced the wallet integration in July, months before the latest token rally. 11 million LIT tokens were allocated to a rewards program for eligible traders. Delphi included Lighter in its research on businesses earning revenue from speculative trading. U.S. residents remain excluded from Lighter perpetual futures offered through Robinhood Wallet. CoinGecko showed LIT at $3.88, up 21.3% over 24 hours, with token trading volume of roughly $125.5 million. Its price page listed a daily range of $3.21 to $3.97 and a market capitalization near $974.4 million. Against other major cryptocurrencies, the main panel showed LIT gaining 18.3% in Bitcoin terms and 17.6% against Ether. CoinGecko listed a circulating supply of 250 million tokens against a maximum supply of 1 billion. Lighter’s Robinhood integration dates to July Robinhood announced access to Lighter perpetual futures inside its self-custody wallet on July 1. The company limited the service to eligible users in selected jurisdictions when it...