BlockBeats news, December 22, crypto KOL @ingalvarezsol predicts the valuation of Lighter based on factors such as Polymarket (2 billion to 3 billion USD), off-exchange token prices (90 USD per token), and token LIT pre-market price (3.4 USD):
1.5 billion USD is the minimum valuation (bear market range, influenced by venture capital round financing). 3 billion USD to 4.2 billion USD is the bear market baseline (predicted market/pre-market/token price back-calculated market value). Optimistic expectations are above 7.5 billion USD to 12.5 billion USD (final valuation).
@ingalvarezsol emphasizes that Hyperliquid and Lighter fundamentally belong to different categories of products: Hyperliquid is building a Web3 native liquidity layer, primarily profiting through retail trading fees (plus ecosystem dynamics). Lighter is building decentralized trading infrastructure aimed at integrating fintech companies/brokers/professional market makers over time, while keeping retail execution costs extremely low (including 0% fees in certain spot markets). An important catalyst that can drive Lighter's valuation increase in the future is the trading of RWA assets.
