Litecoin—the good old first altcoin. Back in the early days, Bitcoin was gold, and Litecoin was silver. I still remember buying LTC at $0.30 and selling it when it hit $10. Those were wild times. Fast forward to today, and Litecoin just broke $120 again. What a ride! In this blog, we’ll break down the current LTC price, explore what’s fueling this breakout, and look at what’s next for the silver of crypto.
The Current LTC Price Action
Litecoin has been on fire lately. In the last 24 hours alone, the price jumped over 10%, pushing past $124. At the time of writing, LTC is trading near $122.
What’s even more impressive is that this rally comes while the broader market is pulling back. Bitcoin faced rejection under $116,000, but Litecoin is defying gravity. Weekly charts show a strong 11.6% gain, and trading volume has more than doubled in just one day.
So, what’s going on here?
What’s Fueling the Litecoin Rally?
1. Massive Payments Adoption
Litecoin is proving its utility in the real world. According to CoinGate, LTC processed 14.5% of all crypto payments in July 2025. That puts it ahead of USDC and TRON, and second only to Bitcoin.
More than 40 million transactions have already taken place on the Litecoin network this year. That’s a huge sign of real demand, not just speculation.
Why is it used so much? Low fees—around $0.03 per transaction—and fast block times of just 2.5 minutes make Litecoin ideal for merchants and users alike.
2. ETF Speculation is Heating Up
Here’s another boost. The odds of a Litecoin ETF getting approved this year have jumped to 81% on Polymarket. Bloomberg analysts even place the chance at 90%.
Why does this matter? An ETF would bring in institutional capital and offer more legitimacy to Litecoin. With Grayscale’s Litecoin Trust already holding $180 million in LTC, big players are clearly paying attention.
3. Corporate Treasury Adoption
Even companies are now eyeing Litecoin. Last month, MEI Pharma announced a $100 million investment into Litecoin as part of their corporate treasury. This move mirrors what MicroStrategy did with Bitcoin years ago.
These kinds of announcements add confidence to retail and institutional investors alike.
LTC Price Prediction: What’s Next?
Litecoin recently bounced off the $107 level and has been climbing steadily. If it holds above $122, the next target looks to be $130. That’s the level many traders are watching closely.
Should LTC break $130, it could go even higher—$140 and then $150 are both within range. Crypto analyst Rain predicted a $150 target, noting that volume and momentum are picking up fast.
However, if Litecoin falls below $120 again, it might drop to the 20-day SMA at around $111. That would be the first sign of weakness.
Technical Chart Watch: Bullish Signs Everywhere
- RSI is sitting in overbought territory at 75. This usually signals that a cooldown may come soon.
- 200-day EMA sits around $98. That’s the major support in case of a larger pullback.
- A daily close above $128.92 would be a strong confirmation that bulls are in full control.
- The recent breakout from a symmetrical triangle gives price targets between $135 and $150.
Even with a temporary cooldown, the technical picture remains bullish in the medium term.
Guide: How to spot the top patterns.
Litecoin Dominates the ‘Store of Value’ Category
Litecoin is no longer just an altcoin veteran—it’s leading a new charge. According to Artemis, LTC is now driving performance in the “Store of Value” category. This segment of the market is outperforming others, and Litecoin is leading the charge.
Over the last month, LTC has gained over 40%. Just today, it touched $125—a level not seen since early March. That’s a huge milestone.
On CoinGecko, Litecoin sits at the top of the weekly gainer chart, with over 15% in gains. Trading volume spiked 210% to hit $1.7 billion. Clearly, interest is back.
Payments Driving Confidence in LTC
Merchants are not just accepting LTC—they’re holding it. Nearly 40% of merchants on CoinGate now hold crypto from payments. That’s up from 27% in 2024.
This growing confidence in Litecoin isn’t just about speculation. It’s about real-world use. That’s something many other cryptocurrencies can’t claim.
With more users and merchants involved, price support becomes stronger. It’s simple: the more Litecoin is used, the more value the network holds.
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Final Thoughts: Is Litecoin Back for Good?
Litecoin’s recent surge above $120 has been driven by real use, strong technicals, and ETF buzz. It’s not just riding Bitcoin’s coattails—it’s carving its own path again.
The market is watching closely. A confirmed breakout above $130 would likely bring a lot more attention, especially if an ETF gets approved soon. Whether you’re a trader or a long-time holder, these are exciting times.
The silver of crypto might just be shining again.
LTC Price Summary:
- Current price: ~$122
- Next targets: $130, $140, $150
- Support levels: $120, $111, and $98
- Key catalyst: Potential ETF approval
- Market sentiment: Strong and bullish
Keep your eyes on Litecoin this week. If momentum holds, it might just be one of the top-performing altcoins of this cycle.
If you enjoyed this blog, you may want to check our recent update on Bitcoin.
As always, don’t forget to claim your bonus below on Bybit. See you next time!
