LIT Token Sees Double-Digit Gains Amid Lighter Team’s Strategic Buyback Teaser
The post LIT Token Sees Double-Digit Gains Amid Lighter Team’s Strategic Buyback Teaser appeared on BitcoinEthereumNews.com.
The LIT Token jumped significantly in response to signals from the Lighter team hinting a possible protocol buyback approach. The positive development occurs at a very important stage for the newly launched token, which has shown dramatic market volatility since its launch. LIT Token Climbs Amid Growing Speculation of Lighter Buy-Backs The token rose by nearly 17%, which was a substantially better performance compared to the overall crypto market. A sudden increase in activity occurred after rumors started that the protocol was buying back its own token using funds from its treasury. Source: TradingView; LIT Coin Daily Price Investors noticed unusual activity in the project’s treasury system, sparking speculation. Although the project did not confirm any buybacks, the price change suggest a shift in investor sentiment. Lighter responded to these rumors on X. They advised the community to refer to its transparent treasury wallet. It further indicated that the costs within the protocol, as well as the buyback, are also visible on the block explorer. Lighter treasury account – https://t.co/0lTfPYyLJr — Lighter (@Lighter_xyz) January 5, 2026 All this does is reaffirm the promise of putting revenues evenly into the ecosystem and repurchases of the token. Looking at the data on the, it was clear that the treasury has an increased number of LIT tokens. The wallet for the protocol-managed account currently holds 180,758 tokens. This comes just a week after the protocol launched the LIT token and gave away 25% of its total supply in an airdrop. While the airdrop generated a lot of excitement, the market changed quickly. The token’s value dropped by nearly 30% right after its release as investors rushed to take their profits. Furthermore, blockchain researchers identified a series of wallets that could be associated with Lighter, which had allegedly received a significant volume of the…
Filed under: News - @ January 6, 2026 7:27 am