Helius Acquires Light Protocol to Expand Solana Onchain Privacy
- Acquisition Overview: On June 10, 2026, Helius announced its acquisition of Light Protocol, the team behind ZK Compression, aiming to build a canonical privacy layer for the Solana network, enhancing its privacy capabilities.
- Technical Advantage: Light Protocol's ZK Compression technology can reduce onchain state costs by up to 1000x, framing this efficiency gain as the technical foundation for a programmable privacy layer, which is expected to attract more institutional participation in the Solana ecosystem.
- User Base: To date, the technology has supported the creation of over 90 million accounts, demonstrating its practical value within the Solana ecosystem, and the upcoming privacy layer is anticipated to further drive user growth and application development.
- Market Strategy: This acquisition not only addresses the gap in institutional participation on transparent blockchains but also highlights Helius's focus on programmable privacy, which is expected to propel further expansion of the Solana ecosystem, particularly among users beyond DeFi.
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Technical Analysis for LIGHT
Technical Sentiment Analysis for Light (LIGHT). As of , Light (LIGHT) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for LIGHT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, LIGHT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Light (LIGHT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0683 | 0.0829 | 0.0967 | 0.111 | 0.125 | 0.14 | 0.154 |
| Fibonacci | 0.0829 | 0.0937 | 0.1 | 0.111 | 0.122 | 0.129 | 0.14 |
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