Lighter price gained more than 20% on Wednesday after Robinhood Wallet launched native perpetual futures powered by the protocol, giving traders direct access to perpetuals and tokenized stocks on Robinhood Chain.
The announcement arrived alongside a major tokenomics update that replaces buyback accumulation with permanent LIT token burns. The combination pushed Lighter crypto into the day’s top gainers while reinforcing the project’s long-term supply strategy.
Robinhood Wallet now supports perpetual futures through Lighter, alongside Apple Pay and Google Pay funding and stock tokens. The Lighter team described the launch as the first step toward “Lighter Domains,” with independent execution and liquidity designed for different ecosystems while preserving future interoperability.
The partnership also includes 90 days of sponsored gas fees on Robinhood Chain, expanding the Lighter coin’s exposure beyond its existing user base.
Lighter Coin Rises After Token Burn Plan
The protocol also unveiled a broad tokenomics overhaul. Since TGE, Lighter has programmatically repurchased roughly 15.5 million LIT, equal to 6.3% of the circulating supply, using exchange revenue. Those repurchased tokens will now be permanently removed through burns, with the first burn scheduled in the weeks following the end of Q2 2026.
Staking economics are changing as well. Pre-TGE revenue subsidies are ending, with remaining ecosystem tokens funding rewards instead.
The team is initially targeting a 6% annualized yield, equivalent to roughly 7.5 million LIT distributed annually at the current staking level of about 125 million LIT, while balancing treasury reserves for partnerships, liquidity and future ecosystem growth.
Lighter Price Breaks $1.91 Resistance as Volume Confirms Breakout
The technical backdrop strengthened alongside the news flow. TradingView’s daily chart shows a completed rounding-bottom reversal after the Lighter price set a macro accumulation base between $0.75 and $0.85 during April and May, before breaking above the $1.91 neckline of its multi-month range.
The breakout is backed by a near-textbook bullish Marubozu candle, with price reaching around $2.16 and closing near the session high while daily volume also expanded.
Market-wide turnover also climbed about 75% to $143 million, producing a healthy 0.25 turnover ratio, which points to genuine capital inflows. That lends the rally greater credibility, although traders will want to see volume remain elevated, as fading participation could precede consolidation.
The Lighter price prediction now centers on whether buyers defend the breakout. Immediate resistance lies near the recent seven-day high and the psychological $2.20 level, with $2.50 as the next major upside target.
Initial support is seen at the $2.05 breakout zone, followed by $1.91, while $1.48 is the level that would invalidate the current bullish structure. Price is also trading well above its 20-day SMA at $1.6938, highlighting strong momentum but also an increased probability of a short-term mean reversion before any attempt to extend higher.
READ MORE: Robinhood Stock Nears First Golden Cross Since 2023 as Wall Street Turns Bullish
