Lighter Token Drops 15% as LIT Staking Goes Live

TL;DR:

Lighter’s LIT token has dropped by almost 15% in the last 24 hours, coming after the platform announced its new staking program. While the rollout adds new utility and ecosystem alignment, the decline is largely driven by post-launch selling and broader market forces.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.