Litecoin Sees Increased Trading Volume and Price Gains Amid ETF Speculation and Short Liquidations

Key Points

1. Litecoin's 24-hour trading volume surged 233% to $1.97 billion, driven by a sharp price increase that led to $3.89 million in short seller liquidations.

2. Litecoin's price rose over 13% to $129, making it one of the largest weekly gainers among top cryptocurrencies.

3. Litecoin reentered the top 20 cryptocurrencies, ranking 19th with a market cap of $9.43 billion.

4. Speculation around a potential spot Litecoin ETF approval has intensified, with analysts estimating a 90% chance due to LTC's commodity status.

5. The Litecoin Network surpassed its 340 millionth transaction, with over 12% of all transactions occurring in 2025 alone, indicating increased adoption.