CoinTelegraph reported that Eli Ben-Sasson, CEO of StarkWare, the developer of Ethereum Layer 2 StarkNet, said, "LIT has been excessively adjusted after Robinhood recently announced it would offer crypto perpetual futures to US users via Bitstamp, not Lighter," and "the token is expected to reach $10 this year." According to CoinMarketCap, LIT is currently trading at $3.88, down 3.21%.