LIT surged by 13% in 24 hours to hit a new peak at $4.67, outperforming Hyperliquid (HYPE) and Ethereum (ETH) over the past five months with returns of 465%, 136%, and 24% respectively. The integration of Lighter into Robinhood Wallet boosted the protocol’s network activity, with fees rising from $124K to $195K in a single day according to DefiLlama. Lighter’s market cap stands at approximately $1.09 billion, which is 21 times smaller than HYPE’s $21.92 billion. Open Interest on LIT increased from $138 million to $180 million since early September, while the transfer count tripled in six days.
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