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Litecoin (LTC) made a big comeback in 2024. With rumors about an LTC exchange-traded fund (ETF) garnering approval surfacing, the bearish momentum from last year was carried into 2025 as well. Throughout the past 12 months, the altcoin has recorded a massive surge of 76.53%. The asset went from trading at a low of $50.43 all the way to a high of $146.61. While the community assumed that LTC would claim $200, the asset was moving slower than expected. Also Read: US and Ukraine Strike Mineral Deal—A Game-Changer for Energy Supply Chains Litecoin’s Meteoric Rise Source: Webopedia Litecoin emerged as the top performer of the day, with a massive surge of 10.38% over the past 24 hours. The altcoin was priced at a low of $109.31 just earlier today. But soon, LTC jumped to a high of $127.07. At the time of writing, the altcoin was trading at $123.39. Source: CoinMarketCap Also Read: Top 3 Cryptocurrencies To Buy If You Like Shiba Inu Several factors have fueled the growth of LTC. The like...

Litecoin (LTC) has emerged as the talk of the town. The increased interest around a potential Litecoin exchange-traded fund (ETF) has put the altcoin under the spotlight. Over the past couple of months, the activity in the LTC network was seen soaring. Data from Santiment reveals the rise in market capitalization and transaction volume that has recorded a massive uptick. But the real question is if the price will follow suit. Also Read: VeChain: Analyst Predicts VET Could Rally 23%, Hit $0.039 Network Activity Records Major Uptick Source: The Coin Republic In a recent post, Santiment revealed that Litecoin’s market capitalization climbed by 46%. This was between February 2 and February 19, indicating heightened investor interest. Currently, the asset’s market cap stands at $10.13 billion. Santiment linked this growth to Litecoin’s rising network utility. Looking back at August 2024, LTC’s daily transaction volume was at $2.8 billion. After a 243% uptick, the netw...

Litecoin [ LTC ] is currently a hot topic in the crypto currency community as the halving event draws near. Anticipation is high for this event, as it is considered a highly bullish occurrence. However, various indicators are pointing toward the possibility of a significant correction in the LTC network. Prominent analyst Ali Martinez has put forth a different perspective regarding Litecoin’s fate. According to him, the halving event might trigger a “Sell the News” reaction. He pointed out a notable trend of increasing new addresses being created on the Litecoin network, with over 690,000 such addresses generated recently. Based on his observations, in the past five years, each time the number of new Litecoin addresses surpassed 350,000, it was followed by a substantial price correction. #Litecoin | Each time the number of new $ LTC addresses surpassed 350,000 in the last five years, a significant price correction followed. More than 690,000 # LTC addresses wer...