Litecoin Reaches All-Time High, Experts See 90% Chance of ETF Approval by Year-End

Litecoin, one of the popular and underrated crypto recently reached an all-time high and it is showing great movements.

Litecoin (CRYPTO: LTC), a top-performing cryptocurrency that doesn's usually get the social media hype of others, has quietly seen a big jump in value recently.

From Feb. 2 to Feb. 19, 2025, Litecoin’s market cap grew by 46%. What happened: The surging interest in a Litecoin exchange-traded fund (ETF) is playing a key role in the coin’s recent price increase.

A Litecoin ETF would enable investors to buy and sell it just like any other stock, without the need to manage crypto wallets or private keys.

CoinShares applied to list a Litecoin ETF on Nasdaq in recent weeks. The U.S. Securities and Exchange Commission (SEC) is now reviewing the application.

According to crypto experts, there is a high chance, up to 90%, that it will be approved by the end of 2025, as U.S. regulators become more open to cryptocurrencies.

But beyond ETF hype surrounding Litecoin, the coin’s network has also seen a massive increase in activity.

The daily transaction volume was $9.6 billion, a 243% rise since August 2024. This isn’t just speculative trading, as real people are using Litecoin to make transactions instead of just HODL’ing.

At the same time, whales have been quietly stacking up LTC. In the past two weeks alone, they’ve bought around $500 million worth of Litecoin, a strong signal that they see long-term potential in it.

Currently, Litecoin is trading at around $138, with $120 being a key level of support. If momentum keeps up, analysts say Litecoin could climb to $225. But if it drops below $80, the rally might lose steam.

For now, everyone’s watching what the SEC does with the ETF. If it gets the green light, it won’t just be big for Litecoin, it could shake up the whole crypto space.