Litecoin (CRYPTO: LTC) has surged 20% over the past seven days, fueled by rising ETF approval expectations and increasing bullish sentiment among traders.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Litecoin (CRYPTO: LTC) | $120.98 | $9.13 billion | +1.1% | +17.5% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001567 | $9.2 billion | -1.4% | -1.3% |
| Toncoin (CRYPTO: TON) | $3.75 | $9.3 billion | -1.9% | -4.4% |
Trader Notes: Kaleo believes Litecoin is about to pull an XRP, referring to the explosive rally XRP saw after its legal clarity boost.
He noted that he's been waiting for this setup since the August 2023 halving, and with ETF approval odds at a yearly high, the LTC narrative is finally in place: "It's time to send it to new all-time highs."
Altcoin Sherpa sees Litecoin as incredibly strong but expects a pullback around $135-$140, advising caution before entry.
$LTC is a beauty of a chart. I know it's a bit of hindsight and I'm not trading it but damn, these moves are strong. Wouldn't buy here since I think it pulls back around $135-$140 but will keep my eyes on it pic.twitter.com/Gz0TaimdYH
— Altcoin Sherpa (@AltcoinSherpa) February 11, 2025
Bluntz Capital notes that Litecoin is trading like the market expects an ETF approval soon—showing strong USD performance and printing a weekly bullish pattern on the BTC pair: "Haven't seen anything this bullish in a while."
Statistics: Crypto trader Master explained that Litecoin is the second-oldest blockchain, operating with 100% uptime, unlike Bitcoin, which has had occasional outages.
Widely adopted across exchanges, ATMs, PayPal and Venmo, Litecoin is one of the top cryptocurrencies used for payments, surpassing Bitcoin on BitPay.
IntoTheBlock data shows Litecoin's large transaction volume increased 3.74% in single day while daily active addresses were down 4.4%. Hodlers balance expanded by 2.5%.
With recent gains, around 78% of Litecoin holders are currently in profit.
Community News: Bloomberg analyst Eric Balchunas places Litecoin ETF approval odds at 90%—the highest among Dogecoin, XRP and Solana, reinforcing market confidence
- Bitcoin, Ethereum, Dogecoin, Litecoin Are The Most Popular Cryptos For Online Casinos
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