Lighter rebounds from $2.85 but stalls below $4 resistance
- —LIT trades near $3.66 after bouncing from $2.85, RSI up to 63.27
- —Protocol revenue of $2.8 million over 30 days went almost entirely to LIT buybacks
- —Open interest hit $1.64 billion in Q3, with $454 million on Robinhood Chain
- —Robinhood Chain partnership drives $17 billion in monthly perpetual volume
Why it matters: CFTC approval would open the U.S. market to Lighter, while revenue-funded buybacks support LIT demand.
Source: AMBCrypto