LIT Surges as Lighter Launches Treasury Buyback Program

- Lighter launched a 2026 treasury buyback program, allocating 50% of DEX fees to repurchase LIT tokens, aiming to reduce supply by up to 3%.

- Whale activity, including a $4.86M WBTC-to-LIT conversion and $40M institutional holdings, reinforced market confidence in LIT's long-term value.

- The buyback program created sustained buying pressure, driving LIT's price up 13–37% by early January 2026 while emphasizing transparency in treasury operations.