Bitcoin News Update: Litecoin Surges to $120 Driven by Retail Investors and Institutional Support
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’s widely distributed ownership, with individual users outnumbering institutional investors, demonstrates its durability. Even as large entities accumulate more
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
Litecoin’s effectiveness as a payment network further enhances its appeal. It consistently ranks just behind
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.
