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Litecoin (LTC) led the gains among major cryptocurrencies in the CoinDesk 20 index over the weekend, surging 9.7% amid renewed investor interest and improved sentiment in the altcoin market.

The rally pushed LTC to its highest price in over two months, buoyed by increased trading volume and broader market stability. Analysts point to growing optimism around Litecoin’s upcoming network upgrades and its reputation as a “lite” alternative to Bitcoin with faster transaction speeds and lower fees.

The CoinDesk 20, which tracks the top 20 digital assets by trading volume across trusted exchanges, showed modest gains overall, but Litecoin’s performance stood out as the strongest mover.

“Litecoin’s breakout reflects a broader shift back toward established altcoins with strong technical fundamentals,” noted one analyst. “It’s often seen as a bellwether for retail interest returning to the market.”

The upward move also comes as some traders rotate out of high-volatility meme coins into more historically resilient assets like LTC. If momentum continues, Litecoin could test key resistance levels and influence sentiment in the mid-cap crypto segment.

Market participants will be watching closely to see whether this surge signals the beginning of a wider altcoin recovery.