Lolli adds Lightning Network withdrawals after Spark integration
Bitcoin rewards app Lolli has enabled withdrawals over the Bitcoin Lightning Network after integrating with Lightspark’s open-source Layer-2 protocol Spark. The Spark SDK will allow users to cash out Bitcoin rewards on Lolli via instant, low‑cost, self-custodial Lightning transfers. The integration follows Lolli’s acquisition by Thesis in July, which led to user complaints after Lolli temporarily suspended reward transfers to migrate backend infrastructure and integrated a Mezo layer before enabling on‑chain or Lightning transfers. The move aims to restore faster, cheaper withdrawal options and could address user frustration over prior service disruptions. Key entities: Lolli, Thesis (acquirer), Lightspark (developer of Spark). Main keywords: Lolli, Lightning Network, Spark, Bitcoin rewards, withdrawals.
Neutral
The integration of Spark enabling Lightning withdrawals is operationally positive: it restores faster, lower-cost withdrawal capability for Lolli users and can reduce user friction after the Thesis acquisition and backend migration. For traders, the news is infrastructural rather than demand-driving — it improves user experience and custody options but does not directly alter Bitcoin’s supply dynamics or macro fundamentals. Similar past integrations (wallets or reward apps adding Lightning support) improved product utility and user retention without producing significant immediate BTC price moves. Short term: may slightly improve sentiment among Lolli users and related niche communities, modestly reducing complaint-driven outflows. Long term: better Lightning adoption supports Bitcoin’s payments use case, which is constructive for on-chain utility and could gradually increase transactional demand; but this is unlikely to create marked price appreciation on its own. Risks include potential technical issues during rollout or further user backlash if migration problems persist. Overall impact on the broader market is limited—positive for user experience, neutral for price.