$LTC Litecoin (LTC) has experienced steady growth due to high liquidity, low transaction fees, and fast confirmation times. The LTC halving in August 2023 helped reduce new supply, creating long-term upward price pressure.

Recently, expectations around the Litecoin ETF have driven capital into the market, increasing trading volume.

Additionally, $LTC is widely integrated in payments, especially through the Lightning Network, enhancing utility. However, LTC still faces competition from Bitcoin and newer generation blockchains like Solana and Ethereum.