Crypto KOL predicts Lighter valuation: minimum $1.5 billion, $3 to $4.2 billion as the benchmark

BlockBeats News, December 22, crypto KOL @ingalvarezsol made a valuation prediction for Lighter based on factors such as Polymarket (2 to 3 billions USD), OTC points price (90 USD per point), and pre-market price of token LIT (3.4 USD):

1.5 billions USD is the lowest valuation (bear market range, influenced by venture capital funding rounds). 3 to 4.2 billions USD is the bear market benchmark (market prediction/pre-market/points price back-calculated market cap). The optimistic expectation is above 7.5 to 12.5 billions USD (final valuation).

@ingalvarezsol emphasized that Hyperliquid and Lighter are fundamentally different products: Hyperliquid is building a Web3 native liquidity layer, mainly profiting through retail trading fees (plus ecosystem dynamics). Lighter is building decentralized trading infrastructure, aiming to connect with fintech companies/brokers/professional market makers over time, while maintaining extremely low retail execution costs (including 0% fees for certain spot markets). An important catalyst that could drive Lighter's valuation higher in the future is RWA asset trading.