The SEC's decision on Grayscale's application has been delayed until October 10, 2025
Litecoin blocks every 2.5 minutes and its almost negligible fees continue to drive its adoption by merchants.
ManuelRD
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Bullish
🚨😱😱
Litecoin Heading to All-Time High
• LTC has risen 24% in a week, stabilizing around $120-125
• It is currently far from its all-time high (ATH) of $401.47 (May 2021), but shows renewed institutional interest
• It accounts for 14.5% of the payment volume in cryptocurrencies, only surpassed by Bitcoin
• On-chain data shows minimal selling by large holders (whales), suggesting accumulation phases
• The classification of Litecoin as a commodity by the CFTC provides crucial regulatory clarity
• Three companies (CoinShares, Grayscale, and Canary Capital) have filed applications for Litecoin ETFs
• The SEC's decision on Grayscale's application has been delayed until October 10, 2025
• Litecoin blocks every 2.5 minutes and its almost zero fees continue to drive its adoption by merchants
$LTC
Litecoin Heading to All-Time High
• LTC has risen 24% in a week, stabilizing around $120-125
• It is currently far from its all-time high (ATH) of $401.47 (May 2021), but shows renewed institutional interest
• It accounts for 14.5% of the payment volume in cryptocurrencies, only surpassed by Bitcoin
• On-chain data shows minimal selling by large holders (whales), suggesting accumulation phases
• The classification of Litecoin as a commodity by the CFTC provides crucial regulatory clarity
• Three companies (CoinShares, Grayscale, and Canary Capital) have filed applications for Litecoin ETFs
• The SEC's decision on Grayscale's application has been delayed until October 10, 2025
• Litecoin blocks every 2.5 minutes and its almost zero fees continue to drive its adoption by merchants
$LTC
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