LPT Token Surges 13.59% as 3.09M Withdrawn and Network Fees Triple Boost Market Activity

Livepeer (LPTUSDT) has experienced a notable price surge over the past 24 hours, with the Binance price currently at 3.252, representing a 13.59% increase from the 24h open of 2.863. The main drivers behind this price movement include substantial withdrawals from exchanges—eight wallets collectively withdrew about 3.09 million LPT (around 30% of exchange supply) in the past 60 days—combined with a sharp rise in trading volume, which reflects increased market interest. Additionally, fundamental developments such as the tripling of Livepeer network fees in 2025 due to higher AI inference revenue and anticipation for upcoming project events are contributing factors to the bullish momentum. The token's circulating supply is about 49 million, and trading volume for the period ranges from $48.58 million to $116.19 million, with market capitalization between $139 million and $157 million, signaling heightened activity and volatility in the market.