Reviewed by Reviewed by Saman Waris Updated 06:00 EDT October 1, 2026 Share Share Share Back to Top Is Lighter [LIT] seeing a trend reversal? The altcoin saw massive downside pressure, plummeting to a low of $3.6 after Robinhood tapped Bitstamp for eligible U.S. perpetual Futures
Now it seems the market tension has since cooled down. The negative feud started to fade after Vlad Tenev clarified the decision to pick Bitstamp
He posited that the decision was made because Bitstamp meets regulatory requirements for the U.S. market
With the clarification, pessimism reduced, with X account Pinedegen noting that Lighter remains part of Robinhood’s overall vision
The shift in market tone helped LIT get another upside footing. For that reason, LIT bounced back, reclaimed $4, and touched $4.1
As of this writing, Lighter was trading around $4.05, up 8.4% on the daily charts. Over the same timeframe, the Spot trading volume plunged 29%, reflecting a market slowdown
After seeing strong capital outflows two days ago, the market behavior has shifted . For the protocol, especially USD inflows have recovered from a -$9 million drop
On the 1st of October, Lighter Xyz saw $14 million in net inflows, adding to $7 million from the previous day. With protocol inflows rising, it indicated fresh demand for the network and native token
On top of that, more funds have flowed into Perpetuals since the latest drop to $1.2 billion. In fact, Perps’ volume jumped above $2 billion, reaching $2.4 billion
On Binance, this volume was mostly on the buy side for LIT. LIT’s perps buy volume on Binance rose to 3.08 million, outpacing sell volume at 3.05 million
With funds flowing once again across these two areas, it reflected a shift in investor sentiment. Previously, such demand has played a vital role in strengthening upside push
A look at Lighter’s structure showed that it is once again attempting another jump. For starters, the altcoin’s stochastic (Stoch) formed a bullish crossover and rose to 23
This marked a significant reversal after falling sharply for consecutive days. At the same time, LIT flipped the 50-day EMA at $3.9. The flip signaled recovering short-term upside pressure
To confirm this upside move, the altcoin now needs a daily close above the 20-day EMA. In doing so, it will confirm the trend reversal and clear a path for a move above $5 again
Gladys Makena is a Cryptocurrency and Financial Analyst at AMBCrypto with four years of market analysis experience. Her quantitative expertise is supported by a strong background in Finance, providing a solid foundation for a data-driven approach. At AMBCrypto, Gladys is committed to providing the community with timely and insightful news, reports and technical analysis
