$LIGHT has skyrocketed over 300% in the past 24 hours, currently breaking through $2, with a single-day trading volume reaching nearly $420 million, and its market capitalization rapidly climbing to approximately $90 million.
Starting from the evening of the last day of 2025, the rally continued into New Year's Day, pushing this astonishing market.
$LIGHT is the 'upgrade package' token of Bitcoin $BTC #, aimed at making Bitcoin smarter. It utilizes new technology (RGB + Lightning Network), allowing Bitcoin not only to store value but also to run smart contracts and engage in financial applications (DeFi), with speed and security. The total supply of tokens is limited to 420 million, emphasizing its scarcity value.
Currently, it seems to be driven by market FOMO (fear of missing out). The early financing was nearly $10 million, and it has been listed on multiple exchanges, resulting in a surge from $0.35 to $2 in a single day, riding the wave of the Bitcoin ecosystem.
In the future, volatility is expected to remain very high. The short-term hype may push it up to $2, but caution is advised for profit-taking adjustments back to around $1-1.2, with the long-term outlook still dependent on Bitcoin's overall market conditions.
