Litecoin tapped on 14.4% gains this Tuesday, edging past Avalanche (AVAX) with a humongous trading volume of nearly $2 billion in 24 hours. The OG altcoin has risen to its fresh three-month high at $128 today, defying the broader altcoin market trends.
Litecoin (LTC) Finds Cause In Unstable Market
The altcoin managed to break out of the long-term bearish trend since April, 2025, now securing the $120 support level for a bigger push towards $150. According to seasoned crypto traders like Rain, “Litecoin is showing more strength than many altcoins”, perhaps due to LTC’s status as a hedge against market instability.
This year, Litecoin has recorded over 40 million transactions on the Proof of Work (PoW) chain, accounting for nearly 15% of all processed crypto payments last month. On top of that, Litecoin (LTC) is a strong contender for the next altcoin-based exchange-traded fund (ETF). To compare, that’s more than USDC & Tron (TRX).
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Notably, the odds of a Litecoin ETF soared to 82% this month, according to PolyMarket. However, professional financial market analysts have raised this probability to 90%, even though many agree a Ripple (XRP) based Spot ETF is more likely to come out first.
However, major-scale institutional players like Grayscale are known to hold at least $180 million in Litecoin (LTC), as the commodity-classified altcoin could fit into the same category with Bitcoin (BTC), which was the first digital asset to get the nod from United States Securities and Exchange Commission (SEC).
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Geopolitical events, ETF speculation, and technical breakouts fuel LTC’s rally, with strong market sentiment and accumulation by large holders.
LTC often mirrors Bitcoin’s trends. Bitcoin’s rally to $99,655 has boosted altcoins like Litecoin, supporting its bullish momentum.
Breakouts above $106 and $66, a Golden Cross, and bullish RSI divergence signal potential for $150 and beyond.
Rumors of a LTC ETF approval under a pro-crypto administration have spiked trading volume by 300%, driving price gains.
Sustained volume, miner accumulation, and holding above $108-$110 could push LTC to $150, but resistance at $137-$140 is key.
