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Lighter price has climbed sharply over the past two days, extending gains as bullish sentiment returned across the broader crypto market. LIT rallied alongside improving risk appetite, but the move was also supported by internal network developments. Lighter has begun fulfilling its post-launch commitments, raising questions about whether the current price surge can be sustained. Lighter Team Shares Update The Lighter team initiated its buyback program on January 6, marking a key milestone for the project. The announcement was made publicly through social media, where the team shared a direct link to its treasury wallet. The disclosed treasury account held approximately 180,733 LIT, valued at $564,609 at the time. While the amount is not exceptionally large in absolute terms, the action itself carries weight. This move aligns with earlier promises made during LIT’s launch. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. “Revenues from our core DEX product as well as future products and services can be tracked in real-time on chain and will be allocated between growth and buybacks depending on market conditions. We are long term builders and the goal is to maximize the long-term value created.” Lighter team stated on December 30. Lighter Treasury Account. Source: Lighter
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