Lighter (LIT) surged approximately 18% in 24 hours, pushing its market cap above $1.20 billion. The token ended a seven-day correction driven by whale accumulation and a DEX integration on Circle Arc, providing access to stablecoin liquidity. One whale accumulated 979,000 LIT worth $4.24 million as the price broke above a bull flag on the hourly chart, targeting the previous all-time high of $5.30. Open interest was declining while price rose, indicating short covering rather than fresh demand. The Chaikin Money Flow rose to 0.18, signaling sustained buying pressure.
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