Lighter (LIT) has emerged as the top-performing cryptocurrency among the 300 largest digital assets by market capitalization, posting a sharp rally of over 20% in the past 24 hours. The token reached an intraday high of $1.23, its strongest level since March 18, according to BeInCrypto. Trading activity surged, with 24-hour volume rising to $58.3 million, marking an 82% increase. CoinGecko identified three catalysts for this surge: a mention by Ethereum co-founder Vitalik Buterin, integration with Tealstreet trading terminal, and the launch of a synthetic SpaceX pre-IPO futures market. Despite the rally, LIT remains below its December all-time high of $7.86.