Is Litecoin about to explode? Organizations are strongly investing, targeting a price of 500 USD.

Although only half of the journey through 2025 has passed, some cryptocurrency networks have quietly reached significant milestones, reinforcing their leading position in the field of digital assets. One of them is Litecoin (LTC) – a coin often referred to as "digital silver" alongside Bitcoin – digital gold.

According to a report from the famous KOL Crypto Patel, Litecoin is witnessing remarkable growth in both network activity and global adoption. These advancements have made 2025 a record year for the network.

Explosive transactions, the safest network in history

Litecoin is currently among the top cryptocurrencies most widely used for real-world payments. As of now, this network has recorded over 300 million transactions in just 6 months – an impressive number that shows the increasing level of usage.

On major payment platforms like BitPay and CoinGate, LTC is among the leading selected assets. Not only that, but PayPal and Venmo users are also prioritizing LTC as a convenient payment method.

Notably, the hashrate of Litecoin has reached 2.7 PH/s, a record high, reflecting strong confidence and commitment from the mining community. This is an important indicator of the strength and security of the network.

Hashrate of Litecoin | Source: BitinfochartsLitecoin is also continuously expanding its operational scope. Recently, LTC has been integrated into the Telegram Wallet, allowing users to send and receive altcoin directly on the social media platform without the need for third-party applications.

Application of Organization and ETF Prospects

Litecoin is gradually being included in the reserve asset portfolios of large institutions. Luxxfolio, a digital asset infrastructure company, currently holds over 20,000 LTC, while MEI Pharma has allocated 100 million USD into its Litecoin treasury.

In particular, the market is awaiting the approval of the Litecoin ETF fund in the United States. Grayscale, Canary Capital, and CoinShares have submitted applications to the regulatory agency, and analysts assess that the likelihood of approval by the end of the year is very high. This could become a major turning point, attracting more institutional capital into the network.

To enhance the user experience, Litecoin has implemented the MimbleWimble Extension Block (MWEB) – allowing for private transactions and optimized performance without affecting processing speed.

To date, over 90% of miners and nodes on the network have validated MWEB blocks, with at least 164,000 LTC being privately locked, indicating a significant level of adoption of this feature.

Price Potential: Aiming for the 500 USD Mark?

The famous analyst The Boss recently shared on X that Litecoin (LTC) is still firmly maintaining the long-term upward trend established since 2020. According to him, the continuous price rebounds from this trend line are evidence of its importance in the current market structure.

The Boss emphasizes that as the price continues to respect this support level, the Fibonacci zones – especially the yellow lines on the chart – will serve as important resistances. These could be the decisive points for the next major direction of LTC.

Technical analysis shows that the upward momentum of Litecoin is becoming increasingly strong. The RSI index is currently around 64 – a level that reflects increasing buying pressure without entering overbought territory.

In addition, the MACD is trading in the positive zone and has just shown a bullish crossover, reinforcing the breakout signal. The Boss believes that this is a key factor for the potential to maintain the upward trend of LTC in the near future.

Litecoin is also trading above both the 50-day and 200-day moving averages, two levels considered important support zones. Maintaining above these moving averages not only helps the price retain an upward trend but also attracts new buying momentum from the market.

The Boss notes that the range of $100 – $112 is a key resistance zone. If successfully broken through, Litecoin may target higher levels at the next Fibonacci zones, opening up opportunities for a stronger growth spurt.

From a structural perspective, LTC is still moving within a clear upward channel formed since 2020. This trend line has repeatedly served as a solid support for growth phases, reinforcing the positive outlook for this coin.

As of the time of writing, Litecoin is currently trading around 113 USD. Analysts predict that, with momentum from institutional adoption, a trading boom, and the potential launch of an ETF, LTC could break through to the 500 USD range in the current bull cycle.

Annie