Litecoin (LTC) has experienced a significant surge, reaching $120, its highest price since March 2025, driven by growing speculation around the potential approval of a Litecoin ETF. The cryptocurrency saw a 9% increase in value, accompanied by a 54.95% spike in trading volume, which hit $2.02 billion. Open interest also rose by 17.15% to $1 billion, indicating strong institutional participation. Market data from Polymarket suggests an 80% probability of a Litecoin ETF being approved, with major firms like Grayscale, CoinShares, and Canary Digital submitting filings. This development has injected fresh momentum into the broader crypto market, with analysts now eyeing $140 as the next target for LTC.
ETF Hype Pushes Litecoin to $120; Is $140 the Next Target Ahead?
Litecoin surged 9% to $120, its highest level since March 2025, fueled by growing speculation around a potential ETF approval. Trading volume spiked 54.95% to $2.02 billion, while open interest ROSE 17.15% to $1 billion, reflecting robust institutional participation.
Polymarket data shows an 80% probability for a Litecoin ETF, with filings from Grayscale, CoinShares, and Canary Digital adding momentum. The broader crypto market rally, led by Bitcoin's rebound, has lifted altcoins like LTC, which now boasts a $9.07 billion market cap.
Litecoin Price Breaks $120—Springboard to $150 or Breakdown Ahead?
Litecoin (LTC) is trading at a critical juncture, hovering just above the $120 support level after a recent bullish breakout. The cryptocurrency faces mounting resistance, with traders closely monitoring whether this level holds. A sustained defense could propel LTC toward the $135–$150 range, while a failure may trigger a short-term pullback.
Market sentiment has shifted notably in 2025, with nearly 12% of all Litecoin transactions occurring this year. The breakout past $114 and $120 was partly fueled by speculation around a potential SEC-approved Litecoin ETF, with approval odds now estimated at 95%. This has prompted early positioning by traders anticipating further upside.
Technical analysis reveals LTC is consolidating within a symmetrical triangle pattern. A decisive breakout could see the cryptocurrency challenge key resistance at $140. Chart patterns and indicators suggest upward momentum is building, though the token remains in a precarious position between bullish and bearish scenarios.
Litecoin Price Prediction – Can LTC Hit $131 Before Weekly Close?
Litecoin has emerged from consolidation to lead altcoin gains, with a 10.85% surge in the past 24 hours and a 12.73% weekly rally. Trading at $122.85, its market cap now stands at $9.35 billion, while 24-hour volume spiked 170% to $1.48 billion.
Network activity fuels the momentum—Litecoin processed 12% of all transactions since 2011 in 2025 alone, signaling accelerating adoption. A technical breakout above the $110.70 resistance on August 4 confirmed bullish sentiment, with Bollinger Band expansion indicating heightened volatility.
Litecoin Surges 11% Amid ETF Speculation and Merchant Adoption
Litecoin (LTC) rallied more than 11% in 24 hours, breaching $123 as traders rotated into legacy altcoins. The surge marks LTC as the top weekly performer among large-cap tokens, fueled by growing ETF speculation and real-world adoption.
CoinGate data reveals Litecoin processed 14.5% of all crypto payments in July—second only to Bitcoin—as merchants increasingly adopt the silver to BTC's gold. Regulatory tailwinds strengthened when CFTC classified LTC as a commodity, with Bloomberg analysts assigning 90% odds for eventual ETF approval.
MEI Pharma's $100 million treasury allocation echoes corporate Bitcoin strategies, positioning LTC as a low-beta reserve asset. Technical indicators show the token breaking its 7-day SMA with RSI at 69.5, suggesting room for upward movement despite early MACD divergence signals.
