Litecoin soared 51% in February, trading at $135 on Friday, and has outperformed major cryptocurrencies.
The rally comes as Litecoin — created in 2011 from Bitcoin’s source code — cleared another hurdle to win approval for a spot exchange-traded fund.
The prices of Bitcoin, Ethereum, Solana, and Dogecoin have either dropped or posted only slight gains over the same period, while XRP gained 6% this month. #LitecoinETF
$SOL Solana (SOL) is a highly scalable blockchain platform designed to enable fast, low-cost, and decentralised applications. Its hybrid consensus model, combining Proof of Stake and Proof of History, ensures efficient transaction processing. SOL is the native cryptocurrency used for fees, staking, and governance. Solana was founded by Anatoly Yakovenko and launched in 2020 with a focus on mass adoption, supporting a wide array of use cases including DeFi, NFTs, and gaming.
#MileiMemeCoinControversy It is critical to recognize that memecoin investments are driven by trust and endorsement. When Milei and his team removed their posts, investors who had purchased the token, basing their trust on that endorsement, felt betrayed.”
Despite the allegations, Davis said in a video posted on X that Milei still has his support. He even introduced himself as “his adviser” and said that he will continue to collaborate on other tokenization projects in Argentina.