LIT Token Rebounds 37% As Lighter Launches Buyback Program

Lighter’s LIT token rebounded 37% from its January 1, 2026, all-time low of $2.33 following the launch of a buyback program using protocol fees. The treasury account has accumulated over 180,000 LIT tokens and $1.35 million in USDC, indicating a transparent and market-supportive strategy according to data. Whale activity, including a $4 million USDC deposit to purchase 1.28 million LIT tokens, suggests strong confidence in the token’s long-term potential as reported.

Lighter’s LIT token has experienced a significant price rebound since the protocol initiated a buyback program using exchange revenues. The program, which is funded by a portion of the treasury, aims to reduce token supply and increase value for investors. The strategy aligns with broader DeFi trends, where token buybacks are becoming more common to enhance investor returns. On-chain data shows that the treasury account has acquired over 180,000 LIT tokens valued at around $550,000.

Whale activity has also contributed to the token’s upward movement. One whale deposited $4 million in USDC to buy 1.28 million LIT tokens, demonstrating strong conviction in the token’s future. The whale’s wallet still holds $193,717 USDC for additional purchases as noted. This activity, combined with the buyback program, has led to a 11.0% rally in the LIT token over the past seven days.

The buyback program has reinforced investor confidence, supported by Lighter’s recent $68 million funding round at a $1.5 billion valuation. This financial backing provides the protocol with the necessary capital to continue its buybacks and ecosystem growth initiatives. The transparency around treasury activities and buyback strategies has been well received by the market, as investors value clear and actionable steps toward token value appreciation.