Litecoin Rallies Nearly 10% Past $124, Volume Skyrockets 200% – Here’s What is Fueling Momentum

Key Points

1. Litecoin (LTC) rose 11.6% weekly and over 10% in 24 hours, trading above $124 before settling at $122, with bullish predictions targeting $140-$150.

2. Litecoin processed 14.5% of all crypto payments in July 2025, surpassing USDC and TRON to become the second-most used crypto after Bitcoin, with over 40 million transactions in 2025.

3. Polymarket odds for a Litecoin ETF approval in 2025 jumped to 81%, with Bloomberg analysts assigning a 90% chance, while the CFTC classifies LTC as a commodity.

4. Grayscale’s LTC Trust holds $180M in Litecoin, and MEI Pharma announced a $100M private investment to add LTC to its corporate treasury.

5. Crypto commentator Rain predicts LTC could hit $150, citing strong momentum and volume, with the altcoin outperforming many others.