TL;DR
- Idea: Bitlight integrates the RGB protocol with the Lightning Network to create a non-custodial Layer 1/Layer 2 Bitcoin architecture enabling private, low-cost asset issuance and stablecoin trading.
- Catalyst: Recent listing on CoinGecko trending, Binance Alpha debut, whitepaper release and robust developer tooling (SDK, zk-RGB research) driving adoption.
- Risks: Early-stage execution risk, competition in Bitcoin L2/smart contracts, regulatory uncertainty, high FDV versus circulating market cap.
- Score: 8.00/ 10
Coin
- Name/ Ticker: Bitlight (LIGHT)
- Segment: Infrastructure
- Status: active
- Price: $4.040000
Key Metrics
- Market Cap: $173 900 204
- FDV: $1 696 312 637
- Circulating Supply: 43 056 972
- Total Supply: 420 000 000
Sources
Technology
- USP: Non-custodial integrated Layer 1 and Layer 2 architecture leveraging RGB and Lightning with Taproot support and keyless custody.
- Core Technology: RGB protocol for asset issuance, Lightning Network for instant L2 transactions, Taproot-based L1 primitives, separation of signing and node operations.
Roadmap
- 2024-04-27: Bitlight Wallet Public Beta launch
- 2025-08-07: RGB Mainnet live for asset minting
- 2025-09-27: TGE and listing on Binance Alpha
- 2025-09-27: RGB Faucet stress test
- 2025-10-21: Whitepaper release
- 2025-11-17: Wallet SDK update
- 2025-12-16: zk-RGB deep dive publication
- 2026-03-31: Stablecoin Payment Channels deployment
- 2026-06-30: Decentralized RGB marketplace launch
Team & Investors
Team
- Founder & CEO — Valestin: Founded Valestin Ltd.; contributed to Solana core development
- CTO — Cairo: Founded Borui Zhichuang Technology Co., Ltd.
- Co-Founder — Jackey: AI researcher at iFLYTEK
- COO — Arnaud: Former COO of a GameFi startup
Investors
- Amber Group — Pre-A • 2025-09-19
- Fundamental Labs — Pre-A • 2025-09-19
- Signum Capital — Pre-A • 2025-09-19
- Taisu Ventures — Pre-A • 2025-09-19
- ArkStream Capital — Pre-A • 2025-09-19
- Gate Ventures — Pre-A • 2025-09-19
- HV Capital — Pre-A • 2025-09-19
- Outliers Fund — Pre-A • 2025-09-19
- Sidedoor Ventures — Pre-A • 2025-09-19
- United Overseas Bank — Pre-A • 2025-09-19
Total funding: $9.60M
Tokenomics
- Utility: Minting and trading of stablecoins and digital assets on Bitcoin L2 with private, non-custodial transactions.
- Next Unlock: (0.00% of circulating)
Pros & Cons
Strengths
- Unique Bitcoin-native L1/L2 integration
- Keyless custody mechanism
- Taproot-enabled privacy
- Backed by reputable investors
- Strong developer tooling (SDK, faucet)
- Low market cap with upside
- Private on-chain asset issuance
Weaknesses
- Early-stage project execution risk
- Competition from other Bitcoin L2s
- Reliance on RGB ecosystem adoption
- Regulatory uncertainty for Bitcoin smart contracts
- Unclear token vesting schedule
- High FDV relative to circulating supply
- Technical complexity for mass adoption
Market Signals (7d)
- TVL trend: n/a
- CEX volume trend: up
- Active addresses trend: up
Price Scenarios (target: 2026-06-21)
- Bear: $2.020000 — Assumes a 50% decline from current price
- Base: $4.040000 — Projects current price maintained
- Bull: $8.080000 — Assumes a 100% increase from current price
Verdict
Bitlight offers a compelling Bitcoin-native infrastructure with strong technology and backing, though execution and market adoption risks persist; recommended as a promising mid-to-long term play.
Official Links
Source: Coin Research (internal)
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