According to COINOTAG News on August 17th, recent market insights indicate that the **Solana**-based automated market maker (AMM) and launchpad platform, **Heaven**, has seen its native token, **LIGHT**, achieve a remarkable market capitalization of **$1.35 billion**. This milestone marks an all-time high, reflecting an impressive **24-hour growth rate of 62.29%**. LIGHT serves as the inaugural token launched through Heaven’s **Genesis ICO**, offering investors exclusive access to the innovative features of the platform. Notably, **Heaven** has implemented a robust tokenomics model: 100% of its revenue is allocated for the real-time **buyback** and **burn** of LIGHT tokens through a systematic mechanism. This strategic approach aims to enhance liquidity and foster long-term value for token holders, solidifying LIGHT’s role as a key asset in the expanding crypto ecosystem.
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Source: https://en.coinotag.com/breakingnews/solanas-light-token-hits-all-time-high-of-1-35-billion-with-62-29-surge/