Lighter's LIT rises 11% as fees hit $152,000 and Binance leads $69.82M volume

Lighter (LIT) climbed 11% at press time after a pullback linked to the SEC continuing to delay approval for tokenized stock trading. Protocol activity strengthened, with fees reaching about $152,000 on May 23 and TVL rising to roughly $149 million. Derivatives demand also increased as Open Interest jumped about $29.9 million to $249 million, while Binance posted $69.82 million in LIT volume.