Key Developments Driving Litecoin's Momentum
Litecoin has demonstrated notable strength this week, outperforming most major altcoins during a period of mixed market performance. The asset’s surge in on-chain activity and investor participation followed Bitcoin’s brief dip below the $100,000 mark, trading at $99,600 before stabilizing.
According to blockchain analytics firm Santiment, Litecoin surpassed the $100 resistance level after a sharp rally that pushed its value from $86.10 to $104.46 within 24 hours. The coin later adjusted slightly to $98.86, representing an 11.26% increase in the last 24 hours. Trading volume rose significantly by 190.03 % to $1.73 billion during the same period.
Santiment data also indicated that wallets holding more than 100,000 LTC increased by over 6% in the past 90 days. The rise in large wallet holdings reflected growing accumulation among major investors, leading to higher transaction volumes on the network.
⚡ Litecoin has decoupled above the already roaring altcoin pack to end the week, jumping +16.2% Friday and returning above $102. The strongest arguments the rally can continue are:
🐳 +6% More 100K+ $LTC wallets (whales) in 3 months
💸 ATH of $15.1B in daily on-chain volume pic.twitter.com/wO59tc16cR
Record On-Chain Volume and Exchange Expansion Drive Litecoin’s Momentum
The rise in large-holder participation pushed Litecoin’s daily on-chain transaction volume to a record high of $15.1 billion. The data showed increased activity from both institutional and retail traders, signaling higher engagement across the network.
Litecoin’s independent rally positioned it ahead of other major cryptocurrencies such as Ethereum, Solana, and XRP, which recorded slower performance in the same period. The coin’s movement indicated that it had decoupled from the broader altcoin trend.
Additionally, Litecoin’s increased exposure followed Coinbase’s recent expansion to users in the United Kingdom. The inclusion of Litecoin in the exchange’s European rollout contributed to a rise in daily trading volumes and accessibility for new users.
Market Outlook and Investor Confidence
Although Litecoin remains below its October price level of around $130, its rising on-chain volume and growing investor participation reflected stronger market activity for the asset. The coin continues to trade with heightened engagement across global exchanges.