#LTC
Litecoin Heats Up the Market: Institutions Are Coming In, ETF Is Almost at the Door
🔵 LTC is back in the game — and it's doing it loudly:
Farming giant Mei Pharma acquired $100 million in Litecoin, bypassing BTC and ETH. Others are following suit: about a dozen corporate treasuries — outside the US — are exploring the integration of LTC.
🔥 ETF is on the way:
— CoinShares, Grayscale, and Canary Capital have already submitted applications;
— according to Polymarket, the likelihood of approval by the end of 2025 has risen to 83%.
Approval will open the floodgates for institutional capital.
📊 What's the Technical Analysis:
— Derivative volumes: $3.95 billion (highest since the end of 2023);
— Open interest: a record $1.14 billion;
— RSI shows divergence — a short-term pullback is possible.
🎯 Target based on momentum: $140–150.
But before that, the market may shed excess heat, especially against the backdrop of active futures trading.
LTC is getting everything it needs for a new cycle: real corporate demand + regulatory legalization through ETFs. If a breakthrough occurs — it could be powerful and sustainable.