Market Overview
$HYPE (HyperLiquid) and $LIT (Lighter) are outperforming most altcoins, maintaining their strength amidst a broader market decline in 2026. The perpetual decentralized exchange (perp DEX) sector has faced significant challenges, but these two assets have managed to show notable strength and positive momentum.
HyperLiquid's Stability
HyperLiquid has demonstrated an ability to hold its price steady despite external pressures. Analysts suggest that this price stability could be linked to potential backing from decentralized autonomous traders (DAT). "The involvement of DAT might be offering consistent backing to $HYPE," stated a market analyst.
This backing appears to have contributed to its ability to stay afloat, even as other assets within the sector are experiencing losses. Despite the presence of a seller from the Tornado Cash community, the asset’s price has remained firm, a clear sign of its relative strength.
Lighter Faces Selling Pressure but Shows Potential for Recovery
Lighter ($LIT) is currently struggling with continuous sell-offs, particularly in response to positive news releases. The frequent leaks and insider activity surrounding the Lighter team have led to significant sell-offs whenever new information surfaces.
These insider actions have prompted concerns over the asset’s long-term price stability. However, market watchers are considering the possibility of a recovery in the upcoming weeks.
The sell-offs and insider movements have not entirely overshadowed the potential for a rebound. Some experts believe the current price level could be a strong entry point for investors.
As one observer noted, "The constant leaks and insider activity have created short-term volatility, but the asset could bounce back if the market settles." Despite the challenges, the price of $LIT could find stability, depending on how the market reacts in the coming weeks.