$LIGHT (Bitlight Labs) is expected to launch on Binance alpha today, here is a bit of research from the medical team:
1️⃣ Data Performance
Total Supply: 420,000,000 LIGHT (420M)
Circulating Supply: 43,050,000 LIGHT (43M, accounting for approximately 10.25% of total supply)
Fully Diluted Valuation (FDV): Based on a company valuation of $170 million, if calculated based on total supply, the FDV is approximately $170 million.
2️⃣ Financing, Investor Details
Financing Rounds and Amount: Completed a PreA round of financing of $9.6 million in September 2025.
Project Valuation: After this round of financing, the project valuation is $170 million.
Lead investors: Jointly led by Amber Group and Fundamental Labs.
Other investors: Including United Overseas Bank, HV Capital, Outliers Fund, Gate Ventures, and more than 20 other investment institutions.
3️⃣ Airdrop situation, token distribution
Airdrop activity: Gate.io exchange has launched a Launchpool airdrop event, where users can stake GUSD to share 168,068 LIGHT tokens for free.
4️⃣ Bullish
Solid technical background: The project is a major contributor to the RGB protocol, dedicated to integrating RGB with the Lightning Network to achieve native stablecoin payments on Bitcoin, with a clear technical roadmap.
Gaining ecological validation: The world's largest stablecoin issuer, Tether, has planned to launch USDT on the RGB protocol, providing strong market endorsement for Bitlight Labs' technical roadmap.
Launch on mainstream exchanges: The token debuted on mainstream exchanges such as Binance Alpha and Gate.io, which helps to enhance liquidity and visibility.
5️⃣ Bearish
Intense market competition: The competition in the Bitcoin Layer2 and BTCFi sectors is fierce, and the project needs to iterate quickly and establish an ecological moat.
Tokenomics risk: The community and ecological development section accounts for more than 50%, and its release rules and specific uses need ongoing attention; if mismanaged, it could exert selling pressure on the market.
6️⃣ Analyst summary
Bitlight Labs is a clearly technology-oriented Bitcoin infrastructure project, whose core vision (achieving native stablecoin payments on Bitcoin through RGB and the Lightning Network) has been recognized by well-known capital and ecological giants (such as Tether), and the long-term narrative has potential.
Short-term price performance will be highly dependent on market sentiment and the popularity of the BTCFi sector.
7️⃣ Pre-market price market performance
Analysts have provided a short-term price prediction range between $0.50 and $1.00 before the listing. Please note that this is only market analysis and not actual trading prices.
The alpha performance has been relatively good in recent days, and analysts believe this project can adjust its pattern to see around 0.5U.
8️⃣ Information source
Project white paper, official Twitter, RootData, MEXC, Google, etc.
Risk warning: All the above information comes from publicly available internet data and does not constitute any investment advice, DYOR!
#light #bitlight
