BlockBeats News, May 20th - Benefiting from a recent "Fireside Chat" between Lighter founder Vlad Novakovski and Vitalik discussing Ethereum's high-performance applications and the ZK Rollup scalability roadmap, smart money overflowed from the HYPE seeking undervalued targets in the same track. The platform's token, Lit, defied the overall weakness in the crypto market and surged. According to HTX data, it is currently trading at $1.771, with a 24-hour increase of 21.87%. The current market focus is on Lighter's high-performance application scenarios in the Ethereum ecosystem, scalability roadmap, and the future development direction of Decentralized Finance (DeFi).
Furthermore, according to DefiLlama data, Lighter's 24-hour trading volume has reached $12.89 billion, with over $7.6 billion in total value locked.
