Litecoin (LTC) has outperformed the market with over 10% rise in 24 hours, buying and selling previous $124 on Tuesday. The token later rebounded and is presently buying and selling at $122 on the time of writing, per CoinMarketCap information.
LTC has been displaying robust upward momentum since April, with bulls predicting a doable $140 mark within the coming months.
LTC’s rally comes amid a broader market pullback and Bitcoin dealing with rejection beneath $116K. The development indicators robust bullish momentum and potential for additional upside.
Litecoin is up 11.6% on a weekly buying and selling chart, with its 24-hour quantity skyrocketing previous 200%.
What’s Driving LTC Value?
CoinGate information revealed that litecoin processed 14.5% of all crypto funds in July 2025. The altcoin has surpassed USDC and TRON to grow to be the second-most used crypto after Bitcoin, it famous.
Moreover, over 40 million transactions occurred on LTC in 2025 alone. Which means that rising cost adoption instantly will increase LTC’s utility and buy-side demand.
In addition to, Polymarket odds for a Litecoin ETF approval in 2025 jumped to 81%, including a bullish impression on the coin. Additional, Bloomberg analysts have assigned a 90% likelihood of eventual ETF approval.
That stated, the regulatory atmosphere stays favorable, with the CFTC classifying Litecoin as a commodity. With Grayscale’s LTC Belief already holding $180M in Litecoin, the ETF approval on the horizon would unlock institutional capital.
Final month, MEI Pharma introduced a $100 million non-public funding in public fairness (PIPE) transaction so as to add Litecoin into its company treasury.
Market Watchers Say Litecoin Would Hit $150
In line with a crypto commentator, Rain, LTC would hit a worth goal of $150 after witnessing a robust rise since April.
“$150 is the closest goal, with massive strikes more likely to come. Quantity and momentum decide up,” he wrote on X. “Time to return to all-time highs is close to.”
Litecoin has been on a robust rise since April.
Now buying and selling above $120 at a essential stage. $150 is the closest goal, with massive strikes more likely to come. Quantity and momentum decide up$LTC is displaying extra power than many altcoins.
Time to return to all time highs is close to. pic.twitter.com/uPsHWfTLb1— Rain (@raintures) August 5, 2025
One other market analyst wrote {that a} return to all-time highs could also be close to, predicting $150 as the following goal, “because it outperforms many altcoins.”
The publish Litecoin Rallies Practically 10% Previous $124, Quantity Skyrockets 200% – Right here’s What’s Fueling Momentum appeared first on Cryptonews.