Lighter (LIT)

After the poor performance of $LIT, it finally broke the bearish trend we had been following since the last BoS and the loss of the $2. And the important thing: the product does not change because the token trades at $0.7 or $2. That is what should be valued in Lighter. That said, there is still one step left: breaking the second bearish guideline. The Telegram news has been especially good for it, and if the situation in Iran stabilizes, we could see a rebound towards the $1.3 zone. Do you think it will achieve it or stall and go down?

After the poor performance of $LIT, it finally broke the bearish trend we had been following since the last BoS and the loss of the $2. And the important thing: the product does not change because the token trades at $0.7 or $2. That is what should be valued in Lighter. That said, there is still one step left: breaking the second bearish guideline. The Telegram news has been especially good for it, and if the situation in Iran stabilizes, we could see a rebound towards the $1.3 zone. Do you think it will achieve it or stall and go down?

$HYPE trading at $8.3B mcap, $LIT at $211M. 40x difference. the market is pricing this like Lighter failed, but it didn't. they're still #4 in perp DEX volume globally post points program. > monthly perp volume: HYPE $209B, LIT $60B in march. → 3.4x > OI: HYPE ~$7.4B, LIT ~$650M. → 11.3x > 30d protocol fees: HYPE ~$66M, LIT ~$3.5M. → 18x > annualized revenue: HYPE ~$720M, LIT ~$35.5M. → 20x in fact, $LIT P/E ratio is 6.2x vs $HYPE at 11.8x. $LIT screens cheaper right now. Lighter also has a real bull case tho and i don't wanna dismiss it > 60% of circulating supply staked > 9.7M $LIT bought back > ZK verifiable matching engine is genuinely differentiated > RWA + commodities expansion is early but fits the 2026 macro narrative > Lighter EVM on roadmap $LIT fundamentals are clearly there. do you think this latest dip is the market pricing in what the bull case hasn't accounted for yet?