LIGHT (Bitlight) increased by 16.49% in the past 24 hours

LIGHT-1,09%
BTC-2,57%

Gate News Bot Message, February 02, according to CoinMarketCap data, at press time, LIGHT (Bitlight) is priced at $0.35, up 16.49% in the past 24 hours, with a high of $0.44 and a low of $0.30. The 24-hour trading volume reached $14.4 million. The current market capitalization is approximately $15.3 million, an increase of $2.16 million from yesterday.

Bitlight Labs is dedicated to “making Bitcoin smarter” and is a key builder in the Bitcoin Lightning Network ecosystem. As a member of the LNP/BP Association and a major contributor to the RGB protocol, Bitlight Labs develops the RGB protocol and Lightning Network infrastructure to establish native smart contract foundations within the Bitcoin and Lightning Network ecosystems. The company has launched its first unified Bitcoin wallet integrating RGB and Lightning Network—Bitlight Wallet—and is developing RGB Lightning Network nodes based on RLN to enable efficient, low-cost asset transactions. Additionally, Bitlight Labs has introduced a Bitcoin and stablecoin payment framework and applications based on RLN, utilizing RGB-defined Lightning Network stablecoins to revolutionize cross-border payments and AI agent settlements.

Recent Important News about LIGHT:

1️⃣ Enhancement of Lightning Network Infrastructure to Drive Ecosystem Development
As a core builder of the Bitcoin Lightning Network ecosystem, Bitlight Labs’ deep involvement in the RGB protocol and Lightning Network infrastructure provides technical support for Bitcoin network scalability and functionality. The development of RGB Lightning Network nodes enables efficient, low-cost asset transactions. Continuous improvement of this infrastructure helps attract more developers and users to participate in the ecosystem.

2️⃣ Implementation of Bitcoin Smart Contract Functionality
Through the development and application of the RGB protocol, Bitlight Labs has established native smart contract foundations within the Bitcoin and Lightning Network ecosystems. This technological breakthrough breaks the long-standing limitations of Bitcoin’s functionality, allowing it to support more complex financial applications and expanding its use cases.

3️⃣ Expansion of Cross-Border Payments and AI Application Scenarios
The launch of the RLN-based Bitcoin and stablecoin payment framework, along with applications like Bitlight Wallet, provides new solutions for cross-border payments and AI agent settlements. The practical deployment of these applications helps enhance the real-world utility and market recognition of the LIGHT token.

This message is not investment advice; please be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Shiba Inu Struggles After Bounce — Is Another Selloff Brewing?

SHIB trades in a clear downtrend with weakening support at $0.0000053. On-chain data shows steady selling and limited whale accumulation. Failure to reclaim $0.0000060 keeps downside risk elevated. Shiba Inu faces mounting pressure as bearish signals stack up. Price now hovers

CryptoNewsLand2m ago

Bitwise CIO: The altcoin season is over, and the future will enter a "non-traditional" cycle

Bitwise Chief Investment Officer Matt Hougan believes that the future of altcoin seasons will no longer be common, and only assets with real applications and growth momentum will profit. He pointed out that the market will become more differentiated, with investor attention focusing on Bitcoin, and mentions of altcoins dropping to a two-year low.

GateNews28m ago

Hidden "Death Spiral" Risk! Ethereum and Bitmine targeted by short-selling institutions

Ethereum will undergo significant upgrades this year, but short-selling firm Culper Research released a report pointing out that the Ethereum economic model is severely failing, hiding a "death spiral" risk, and has shorted Ether and Bitmine. The report warns that shrinking returns could lead to decreased staking willingness, jeopardizing the security of the Ethereum network. Culper Research questions Ethereum's active user data, believing that its "death spiral" is already unfolding.

区块客33m ago

Analyst says Bitcoin is still in a deep bear market zone, with BTC quickly retreating after rebounding to $74,000.

Bitcoin recently experienced a brief rebound to $74,000, but analysts believe this is only a temporary correction within the bear market. Market indicators still show that it remains in a deep bear market, and although some on-chain data suggest capital is flowing back, market momentum is unstable and may remain volatile in the short term.

GateNews38m ago

Economist Lyn Alden: Bitcoin's performance in the next two to three years may surpass gold

Macroeconomist Lyn Alden stated in a podcast that Bitcoin could surpass gold in the next two to three years due to overly optimistic sentiment in the gold market. She pointed out that Bitcoin is undervalued and mentioned the oscillating relationship between the two, with the current Bitcoin price around $71,164, down 44% from its all-time high.

GateNews1h ago
Comment
0/400
No comments