Litecoin (LTC) is back in the spotlight. Not because of speculation or influencer pushback, but because of something more significant: real use.
According to CoinMarketCap data, in the past 24 hours, the price of LTC has risen 9.7% and is now trading at about $122. The main reason isn’t hype, but rather real-world payment data.
Litecoin dominates crypto payments, leaving stablecoins behind
Throughout July, Litecoin accounted for 14.5% of all crypto transactions processed through CoinGate. This was enough to push USDC and USDT down, and keep Litecoin comfortably in second place, just behind Bitcoin. Why? Transaction fees below $0.05 and confirmation speeds of only about two and a half minutes are the answer.
Furthermore, this trend isn’t a sudden surprise. LTC usage by merchants has increased 6.7% compared to the first half of 2025.
More interestingly, 40.9% of merchants choose to keep a portion of their income in crypto, compared to just 27% last year. This means confidence in crypto as a store of value is growing. And yes, Litecoin isn’t just an “old coin,” it still has its roots.
Momentum builds as technical breakout meets real utility
On the other hand, technical movements are also supporting this surge. In early August, LTC broke through the $110 resistance level, which had held for more than three years. The RSI is currently in the 70s, signaling overbought conditions, but the market doesn’t seem to want to stop there.
Furthermore, the ETF issue is heating up. Analysts estimate the chances of Litecoin ETF approval at 90%. Although an application from one asset manager was delayed by the SEC, market expectations remain high.
Furthermore, Litecoin’s integration into the Telegram wallet, which is already active globally and will soon be available in the US, makes use cases even more plausible, such as sending LTC directly from chats, without additional applications. Interesting, right?
Not only that, more than 164,000 LTC are currently locked in the MWEB privacy network. The target is to reach 250,000 before the end of this year.
If the Litecoin price needs to stay above $115, it could potentially move towards the first major resistance level at $129 and further up to $134, according to CoinLore’s analysis.
However, if the LTC price drops below 115, the first support level to watch is $110.22.