Lit defies the odds with a 24-hour price surge of over 20%, reaching a total gain of 35.6% after Vlad Novakovski and Vitalik's "Fireside Chat."

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BlockBeats News, May 20th, benefited from a recent "Fireside Chat" between Lighter's founder Vlad Novakovski and Vitalik, discussing Ethereum's high-performance applications and the ZK Rollup scaling roadmap. Smart money overflowed from the HYPE seeking undervalued targets in the same track. The platform's token, Lit, showed strength against the overall weakness in the crypto market, currently trading at $1.771, with a 24-hour gain 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.

Source: BlockBeats

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