Lighter (LIT) Rises 23% Driven by CFTC Application and Delphi Digital Endorsement

Lighter (LIT) climbed 12.85% in the past 24 hours, achieving a seven-day advance of 23.49% and trading at $3.83, while the broader market fell over 2%. This surge is attributed to two catalysts: a report by Delphi Digital, which recommended platforms profiting from trading fees, listing Lighter alongside Robinhood due to its zero fees for retail traders and distribution via Robinhood Wallet, and founder Vladimir Novakovski's announcement that Lighter will apply to the Commodity Futures Trading Commission (CFTC) in November. Delphi cited Lighter handling about $56 billion in 30-day volume in early October, and Robinhood invested in Lighter’s November 2025 funding round.