ME News, December 22 (UTC+8), crypto KOL @ingalvarezsol made a prediction on the valuation of Lighter, considering factors such as Polymarket (2 to 3 billion USD), off-market point prices (90 USD per point), and the pre-market price of token LIT (3.4 USD): 1.5 billion USD is the lowest valuation (bear market range, influenced by venture capital round financing). 3 to 4.2 billion USD is the bear market baseline (predicted market/pre-market/point prices reverse-engineered market cap). Optimistic expectations are above 7.5 to 12.5 billion USD (final valuation). @ingalvarezsol emphasized that Hyperliquid and Lighter are fundamentally different types 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/brokerages/professional market makers over time while keeping retail execution costs extremely low (including 0% fees on certain spot markets). A significant catalyst that can drive Lighter's valuation upwards in the future is RWA asset trading. (Source: ME)
