The analyst expresses a bullish sentiment on Lighter (LIT), noting its price resilience and "snappy performance" despite a broader market downturn and a reduction in open interest. Hyperliquid (HYPE) is also highlighted as a top performer, with both assets benefiting from growth in TradFi-adjacent sectors like RWA trading and USDC margin interest. Visual data confirms LIT has a higher YTD buyback rate (5.208%) relative to its market cap compared to HYPE (2.584%), while price charts show LIT recently trading near $1.78.