Bitcoin News Update: Litecoin Surges to $120 Driven by Retail Investors and Institutional Support

Bitget App

Trade smarter

Bitget

News

Markets

Bitcoin News Update: Litecoin Surges to $120 Driven by Retail Investors and Institutional Support

Bitget-RWA2025/10/24 23:04

By:Bitget-RWA

- Litecoin's retail adoption (8.7M users) and institutional interest drive potential $120 price surge, with retail investors controlling 50% of circulating supply. - Institutional validation accelerates via T. Rowe Price's crypto ETF and Fidelity's platform integration, expanding LTC accessibility and mainstream adoption. - Network growth includes record hash rates, tripled MWEB adoption, and 30-40% Bitcoin-like transaction volume, supported by Layer 2 innovations and ETF infrastructure. - Price action sho

Litecoin is experiencing notable growth in both retail and institutional adoption, setting the stage for a possible rally to $120 as its active user base reaches 8.7 million. Retail holders now possess more than half of the available

Litecoin

(LTC), highlighting strong grassroots backing alongside rising institutional involvement, which together fuel the asset’s expansion. The network’s hash rate has reached unprecedented levels, and the adoption of privacy-centric MWEB has nearly tripled compared to last year, reflecting significant technological advancements, according to

a Coinpedia report

Litecoin’s widely distributed ownership, with individual users outnumbering institutional investors, demonstrates its durability. Even as large entities accumulate more

LTC

, retail participants remain the primary force, a pattern that has historically benefited Bitcoin. Litecoin’s official Twitter account described it as a “blue collar working coin in your hands,” emphasizing the community’s influence on its direction, as referenced in the Coinpedia report.

Bitcoin News Update: Litecoin Surges to $120 Driven by Retail Investors and Institutional Support image 0

Institutional interest is gaining pace, with major financial firms broadening Litecoin’s reach. T. Rowe Price has recently submitted an application for a crypto ETF that includes LTC among 15 digital currencies, signaling its entry into the crypto investment space, according to

a TradingView note

. At the same time, Fidelity Digital Assets has incorporated Litecoin into its trading services, giving clients more flexibility to buy, sell, and hold the asset, as reported by

The Block

. These developments illustrate a wider trend toward mainstream acceptance of cryptocurrencies, with ETFs and institutional-grade solutions becoming more prevalent.

Litecoin’s effectiveness as a payment network further enhances its appeal. It consistently ranks just behind

Bitcoin

in daily transaction counts, handling 30–40% of Bitcoin’s transaction volume over the last four years, as noted by Coinpedia. This steady activity, combined with Layer 2 upgrades utilizing ZK Proofs, positions LTC as a strong contender to traditional payment methods. Moreover, corporate treasuries and digital asset investment vehicles are increasingly allocating to Litecoin, with products like Grayscale’s Litecoin Trust undergoing restructuring to improve efficiency, according to

a TradingView write-up

Litecoin’s market performance reflects its growing adoption. As of October 24, 2025, LTC was trading at $95.45, up 1.94% in the past day, supported by its robust retail base and institutional momentum. Experts believe that continued user expansion and ETF approvals could propel LTC back to $120, a price last reached during the 2021 bull run.

Although Litecoin is currently in the spotlight, the overall crypto market remains unpredictable. A $19 billion downturn in October 2025 has led to speculation about Bitcoin possibly hitting $200,000 by year’s end, but Litecoin’s fundamentals seem less affected by broader economic trends.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- SEC blocks Staked SOL ETF, reflecting regulatory scrutiny of staking mechanisms in crypto markets. - Solana ETFs saw $53M inflows on Nov. 25 but faced $8M outflow days later amid market volatility and declining on-chain activity. - VanEck withdraws BNB staking plans, citing SEC risks after recent guidance raised legal uncertainties over staking as an investment contract. - Regulatory ambiguity creates fragmented crypto ETF landscape, with Solana trading near $140 as key price threshold amid mixed technic

Bitget-RWA•2025/11/29 08:00

Solana News Today: SEC Blocks Staked SOL ETF, Highlighting Ongoing Tension Between Crypto Innovation and Regulatory Oversight

Zcash Latest Updates: ZEC Faces $380 Test—Will Grayscale’s ETF Halt the Decline?

- Zcash (ZEC) tests critical $380 Fibonacci support as price falls below $480, triggering bearish technical signals like a double-top pattern. - Grayscale's proposed Zcash ETF (ZCSH) aims to institutionalize ZEC access but risks amplifying volatility if demand exceeds supply. - Fed's cautious rate-cut projections and declining on-chain activity (open interest, volume) highlight tension between macro optimism and weak near-term fundamentals. - Templar Protocol's ZEC-native lending feature enhances DeFi util

Bitget-RWA•2025/11/29 07:26

Zcash Latest Updates: ZEC Faces $380 Test—Will Grayscale’s ETF Halt the Decline?

Bitcoin News Update: Ark Invest Makes Daring Moves in Crypto and AI Despite Market Slump

- Ark Invest spent $88M on crypto assets in November 2025, defying market declines by buying undervalued tech/crypto equities. - Major purchases included $25M in Coinbase , Circle , and Block shares, now holding 5.22% of ARKK's portfolio. - CEO Cathie Wood contrasted current AI/crypto growth with past bubbles, viewing downturns as strategic buying opportunities. - The firm also invested $56M in Alphabet and $29.4M in AI firm CoreWeave , emphasizing sector readiness over speculation. - With Bitcoin near $87

Bitget-RWA•2025/11/29 07:10

FCA's Crypto Sandbox Strives to Foster Innovation While Safeguarding Investors

- Coinbase and Kraken join UK FCA's crypto sandbox to test new disclosure rules, aiming to boost transparency and align with global standards. - FCA's 2026 roadmap mandates detailed risk assessments for unbacked crypto, stablecoins, and tokenized assets, with Eunice developing compliance templates. - U.S. regulators and banks like U.S. Bancorp parallel efforts, testing stablecoins and emphasizing structured oversight to mitigate depegging risks. - Coinbase's regulatory engagement spans FCA, SEC, and global

Bitget-RWA•2025/11/29 07:10