LIT surged 11% to reach a local high of $4.68 before slightly retracing to $4.55. A whale withdrew 500,000 LIT from the Lighter protocol for $2.07 million, reflecting optimism about the token’s growth potential. Trading volume rose 52% to $75 million, while Open Interest climbed 13% to $512 million. The rally came amid renewed interest tied to the CLARITY Act, with Vlad’s involvement in the CFTC innovation advisory committee viewed favorably for the protocol. For the uptrend to hold, LIT must close above its short-term moving average around $4.40.
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