Why did the price of LTC go up?

Litecoin (LTC) increased by 3.28% in the last 24 hours, outperforming the overall cryptocurrency market, which rose by 2.2%. The main reasons behind this growth are optimism around ETF approvals, large companies adding Litecoin to their treasuries, and positive technical signals.

1. ETF Outlook (Positive) – The SEC postponed decisions on Litecoin ETFs until October 2025, but experts believe there’s a 95% chance they will be approved.
2. Institutional Interest (Positive) – MEI Pharma invested over $100 million into Litecoin, following a strategy similar to MicroStrategy’s Bitcoin investments.
3. Technical Signals (Mixed) – Litecoin’s price broke above a key resistance level of $115, with indicators showing bullish momentum, but trading volume dropped, suggesting caution.

In-Depth Analysis

1. ETF Approval Expectations (Positive Impact)

Summary:
The U.S. Securities and Exchange Commission (SEC) delayed decisions on three Litecoin ETFs (from Grayscale, Bitwise, and 21Shares) until October 2025. Despite this, analysts at Bloomberg (James Seyffart) estimate a 95% chance these ETFs will eventually be approved. This situation is similar to what happened with Bitcoin and Ethereum ETFs, which saw price increases before official approval.

What this means:
A delay doesn’t mean rejection. The market is already anticipating approval, which could lead to increased demand from large investors. Litecoin’s clear regulatory status—classified as a commodity by the Commodity Futures Trading Commission (CFTC) in 2023—gives it an advantage over other cryptocurrencies when it comes to ETF approval.

What to watch:
Important dates include October 10 (deadline for Canary Capital’s ETF decision) and October 19 (Grayscale’s conversion ruling).

2. Corporate Treasury Investments (Positive Impact)

Summary:
MEI Pharma, a company listed on Nasdaq, committed over $100 million in July 2025 to build a Litecoin treasury, with advice from GSR Markets. This follows a similar $100 million Litecoin-focused strategy announced by Luxxfolio in May.

What this means:
More companies are viewing Litecoin as “digital silver”—a less volatile alternative to Bitcoin that also has practical uses for payments. Additionally, 54% of Litecoin’s supply hasn’t moved in over a year, indicating many holders are long-term investors, which helps stabilize the price.

What to watch:
Keep an eye on whether other public companies start adding Litecoin to their treasuries before ETF approvals.

3. Technical Analysis (Mixed Impact)

Summary:
Litecoin’s price moved above its 30-day simple moving average (SMA) of $115.7 and passed the 50% Fibonacci retracement level at $120.36. The MACD indicator, which helps identify momentum, turned positive (+0.399) for the first time since August 20.

What this means:
Traders are aiming for a price target of $127.5 (the 23.6% Fibonacci level) if Litecoin can maintain support at $117. However, trading volume over the past 24 hours dropped by 50% compared to the previous day, suggesting that some investors are cautious.

Key level to watch:
$112.6 (78.6% Fibonacci level). If Litecoin closes below this, the current bullish trend could be invalidated.

Conclusion

Litecoin’s recent price increase is driven by hopeful ETF approvals, significant corporate treasury investments similar to MicroStrategy’s Bitcoin strategy, and a technical breakout. While the overall outlook is positive, lower trading volume signals potential volatility ahead. The critical question is whether Litecoin can hold above $117 through the October ETF decision deadlines. Stay tuned for updates from the SEC and MEI Pharma’s future Litecoin purchases.

What could affect the price of LTC?

Litecoin’s outlook balances optimism around ETF approvals, ongoing technology upgrades, and the behavior of large holders (whales).

1. ETF Approvals (Positive) – Three ETF applications are being reviewed by the SEC, with about a 90% chance of approval by October.
2. Institutional Holdings (Positive) – Companies like MEI Pharma and Luxxfolio hold over $100 million in Litecoin, reducing the available supply.
3. Whale Activity (Mixed) – Large holders recently sold over $58 million worth of Litecoin, but long-term investors remain steady.

Deep Dive

1. ETF Momentum Building (Positive Impact)

Overview:
Three spot Litecoin ETF applications—from Grayscale, CoinShares, and Canary Capital—are currently under review by the U.S. Securities and Exchange Commission (SEC). The final decision deadline is October 2025. Experts, including analyst James Seyffart, estimate a 90% chance these ETFs will be approved, based on similar Bitcoin ETF approvals. If approved, this could open the door for significant institutional investment, similar to the $30 billion Bitcoin ETFs attracted in 2024.

What this means:
Approval would confirm Litecoin’s status as a regulated commodity (as recognized by the Commodity Futures Trading Commission, or CFTC) and likely cause short-term price increases. After approval, increased investment could help stabilize Litecoin’s price. However, any delays or rejections might cause prices to fall back.

2. Corporate Treasury Adoption (Positive Impact)

Overview:
In July 2025, MEI Pharma added $100 million worth of Litecoin to its corporate treasury. Luxxfolio also holds more than 20,000 LTC. These moves come after Litecoin hit a record 300 million transactions in 2025 and integrated with Telegram Wallet for payments.

What this means:
When companies hold Litecoin as part of their treasury, it reduces the number of coins available for trading, which can increase scarcity and confidence in Litecoin’s use as a payment method. If more companies follow this example—similar to how MicroStrategy invested heavily in Bitcoin—it could support Litecoin’s price in the $150 to $200 range (CoinMarketCap).

3. Whale Activity & Technical Signals (Mixed Impact)

Overview:
Large holders, known as whales, sold over 500,000 LTC (worth about $58 million) in late July 2025, causing the price to dip to $105. However, technical indicators like the MACD histogram turned positive (+0.399) in September, and the Relative Strength Index (RSI) at 64.41 suggests there’s still room for price growth.

What this means:
While whale selling can cause short-term price drops and test support levels around $112 (based on Fibonacci retracement), positive technical signals and low Litecoin reserves on exchanges (76.2 million LTC) suggest accumulation is happening. If the price breaks above $127.52 (23.6% Fibonacci level), it could aim for $150.

Conclusion

Litecoin’s price will largely depend on the SEC’s ETF decisions in October, continued interest from institutional investors, and its ability to withstand price swings caused by large holders. The outlook is mostly positive, but traders should watch the $112 support level and upcoming regulatory news closely. Will Litecoin’s reputation as “digital silver” finally allow it to move independently from Bitcoin’s price swings after ETF approval?

What are people saying about LTC?

The Litecoin community is seeing a mix of hopeful gains and cautious pullbacks. Here’s the latest:

1. Optimism about an ETF is pushing price targets above $250
2. Litecoin faces a key challenge at the $105 resistance level
3. More businesses are starting to accept Litecoin for payments

Deep Dive

1. Real-world use of Litecoin is growing

Litecoin is increasingly being used for payments, especially compared to Bitcoin. This suggests that more people are using Litecoin in everyday transactions.
– @MASTERBTCLTC (15.2K followers · 42K impressions · 2025-09-09 21:41 UTC)
View original post
Why it matters: This is a positive sign for Litecoin because it supports the idea of Litecoin as "digital silver," a complement to Bitcoin’s role as a store of value.

2. Litecoin struggles to break above $105

Litecoin recently tried to push past $105 but couldn’t hold, closing without a clear direction. For a strong rally, it needs to break above $114.50.
– @cryptoWZRD (8.7K followers · 29K impressions · 2025-09-07 01:33 UTC)
[View original post](https://x.com/cryptoWZRD/status/1964502353102721323)
Why it matters: This suggests short-term caution, with $102 acting as an important support level. If Litecoin can’t hold above this, prices might dip further.

3. Large investors are accumulating Litecoin ahead of ETF decision

Around 13 million LTC have been bought in the $88–$99 price range, with a 90% chance expected for ETF approval.
– CoinMarketCap post (1.2M views · 2025-05-08 15:19 UTC)
View original post
Why it matters: This shows strong support from big investors, which could help Litecoin’s price stay stable or rise before the expected ETF decision in October 2025.

Conclusion

Opinions on Litecoin are mixed right now. The potential approval of an ETF could boost its value, but technical challenges around $105–$110 remain. Adoption by businesses and interest from large investors point to long-term growth, but short-term price moves will likely follow Bitcoin’s trends. Keep an eye on the SEC’s ETF decision in October—approval could confirm Litecoin’s status as a regulated cryptocurrency.

What is the latest news about LTC?

Litecoin is balancing excitement over a potential ETF approval with growing use in payments and increasing interest from big companies. Here’s the latest update:

1. SEC Delays Decision on Litecoin ETF (August 21, 2025) – The final decision is now expected in October 2025, similar to timelines for Bitcoin and Ethereum ETFs.
2. MEI Pharma Invests $100M in Litecoin Treasury (August 28, 2025) – A biotech company is now holding Litecoin as part of its reserves.
3. Litecoin Becomes #2 in Crypto Payments (August 5, 2025) – Litecoin surpassed Ethereum and stablecoins in payment volume on CoinGate.

Deep Dive

1. SEC Delays Decision on Litecoin ETF (August 21, 2025)

What happened: The U.S. Securities and Exchange Commission (SEC) postponed its decision on several applications to launch a Litecoin exchange-traded fund (ETF) until October 2025. This delay affects proposals from companies like Grayscale, Bitwise, and CoinShares. The SEC is taking extra time to review the applications carefully.
Why it matters: While this creates short-term uncertainty, experts like Nate Geraci from The ETF Store believe there’s a 95% chance the ETF will be approved if regulatory concerns are addressed. Approval could open the door for more institutional investors to buy Litecoin, similar to what happened with Bitcoin ETFs. Historically, crypto ETFs have led to price increases of 20-50% after approval. (MEXC)

2. MEI Pharma Invests $100M in Litecoin Treasury (August 28, 2025)

What happened: MEI Pharma, a biotech company, has added $100 million worth of Litecoin to its treasury reserves. This is the first time a publicly traded U.S. company has made such a large investment in Litecoin. The decision was made with advice from GSR, a crypto trading firm, and Charlie Lee, the creator of Litecoin. This follows a similar move by Luxxfolio, which added $20 million in Litecoin to its reserves earlier.
Why it matters: This shows growing confidence in Litecoin as a store of value, meaning companies see it as a reliable asset to hold. After the announcement, MEI Pharma’s stock price jumped 83%, and Litecoin’s price rose 12% on the same day. (X post)

3. Litecoin Becomes #2 in Crypto Payments (August 5, 2025)

What happened: Data from CoinGate shows that Litecoin accounted for 14.5% of all cryptocurrency payments in July 2025, second only to Bitcoin at 22.9%. Merchants prefer Litecoin because transactions settle quickly—about 2.5 minutes—and fees are very low, averaging just 3 cents per transaction.
Why it matters: This real-world use strengthens Litecoin’s reputation as “digital silver,” a practical alternative to Bitcoin’s “digital gold.” Litecoin’s growing use in payments has helped its price rise 39% so far this year, outperforming Bitcoin (+26%) and Ethereum (+18%). (Bitcoinist)

Conclusion

Litecoin is uniquely positioned as both a speculative investment and a practical payment option. With the SEC’s decision on the ETF expected in October, many are watching to see if institutional investors will finally embrace Litecoin’s long-standing focus on real-world utility.

What is expected in the development of LTC?

Litecoin is making significant progress with these key updates:

1. ETF Approvals (October 2025) – Three spot Litecoin ETFs are being reviewed by the SEC, with approval expected.
2. Nexus Wallet Transition (December 31, 2025) – The Litewallet app will be discontinued, and users will move to the improved Nexus Wallet.
3. LitVM Mainnet Launch (Q2 2026) – Launch of a new Layer-2 platform compatible with Ethereum smart contracts and cross-chain DeFi features.

In-Depth Look

1. ETF Approvals (October 2025)

What’s happening:
Three Litecoin ETFs from Grayscale, Canary Capital, and CoinShares are currently under review by the U.S. Securities and Exchange Commission (SEC). A final decision is expected by October 2025 (CoinMarketCap). Experts believe there’s about a 90% chance these ETFs will be approved, which could bring in $400 to $500 million from institutional investors.

Why it matters:
Approval would be a big win for Litecoin, confirming its status as a regulated commodity (according to the Commodity Futures Trading Commission, or CFTC) and attracting more serious investors. However, there’s a chance of delays or stricter rules that could slow things down.

2. Nexus Wallet Transition (December 31, 2025)

What’s happening:
The Litecoin Foundation will retire the Litewallet app at the end of 2025. Users will need to switch to Nexus Wallet, which offers enhanced features like private MWEB transactions, Flexa payment support, and .ltc domain integration (LitecoinTalk).

Why it matters:
This change aims to improve user experience and privacy, which is positive for Litecoin’s community. However, some users might face technical challenges during the switch, which could cause temporary frustration.

3. LitVM Mainnet Launch (Q2 2026)

What’s happening:
LitVM is a new Layer-2 blockchain for Litecoin, built with Polygon’s developer tools. It will launch a public beta in the second quarter of 2026. LitVM supports Ethereum-compatible smart contracts and allows cross-chain transactions with Bitcoin, Dogecoin, and Monero (Crypto Times).

Why it matters:
This development could greatly expand what Litecoin can do, especially in decentralized finance (DeFi) and programmable assets. The main challenges will be how quickly developers adopt the platform and competition from other Layer-2 solutions like those on Ethereum.

Conclusion

Litecoin’s roadmap shows a balanced approach: moving forward with regulatory approval through ETFs, improving user tools with the Nexus Wallet, and growing its ecosystem with LitVM. ETF approval could boost Litecoin’s price in the near term, while LitVM’s success depends on developer support. The big question remains: can Litecoin maintain its reputation as “digital silver” amid growing competition from other blockchain platforms?

What updates are there in the LTC code base?

Litecoin's software received important security improvements and new features in 2025.

1. Security Fixes (March 2025) – Fixed vulnerabilities that could cause network disruptions.
2. MWEB Light Client (March 2025) – Added a way to verify private transactions without downloading the entire blockchain.
3. macOS Compatibility Fixes (March 2025) – Fixed display issues for users on the latest macOS versions.

In-Depth Look

1. Security Fixes (March 2025)

Summary: Litecoin Core version 0.21.4 patched serious security issues (CVE-2024-31473, CVE-2024-31474) that could cause nodes (computers running the Litecoin network) to crash when receiving harmful data.

Details: The update improved how nodes check transaction data in certain messages to prevent attacks that could overload memory. Now, nodes reject peers sending invalid data, helping keep the network stable and online.

Why it matters: This strengthens Litecoin’s network reliability, which is important for gaining trust from businesses and large investors.

2. MWEB Light Client (March 2025)

Summary: Litecoin Core version 0.21.3 introduced support for MWEB light clients. This lets users verify private transactions without needing to download the full blockchain, saving storage and processing power.

Details: The update added new service flags and compact block filters (BIP157/158) that help users maintain privacy while still being able to audit transactions.

Why it matters: This improves privacy options for Litecoin users but will need wider adoption to have a big impact on everyday use.

3. macOS Compatibility Fixes (March 2025)

Summary: The update fixed user interface problems on macOS 14 and newer by updating the software build tools to Xcode 12.1.

Details: Older versions used outdated UI frameworks, causing display glitches. The fix ensures Litecoin’s desktop app works smoothly with macOS’s dark mode and modern display standards.

Why it matters: This enhances the experience for macOS users, including developers and everyday users, making Litecoin more accessible.

Conclusion

Litecoin’s 2025 updates focus on making the network more secure, scalable for privacy, and compatible across platforms. With over 164,000 LTC already using MWEB (Source), the question is whether Litecoin’s technology can continue evolving to support advanced financial applications for institutions.