Bitcoin News Today: Litecoin Surges 9% Driven by Network Upgrades and Institutional Interest

Litecoin (LTC) is experiencing a notable price surge, rising approximately 9% to reach around $121.10, with trading volume surging nearly 195% in the same period. This has positioned LTC among the top three gainers in the crypto market. Analysis attributes the move to a combination of network improvements, growing real-world adoption, and increasing institutional interest [1].

Network strength is a key factor behind the upward momentum. Litecoin’s hashrate has reached an all-time high of 2.54 PH/s, signaling stronger security and miner confidence. Additionally, the implementation of MimbleWimble Extension Blocks (MWEB) has enhanced privacy and transaction efficiency. The Litecoin Foundation is also advancing the ecosystem with the development of LitVM, a project aiming to integrate DeFi and NFT support using zero-knowledge rollups. These upgrades, combined with fast block times and low fees, are reinforcing LTC’s reputation as a reliable and efficient payment solution [1].

In terms of real-world usage, Litecoin is gaining traction as a practical medium of exchange. In July 2025, LTC accounted for 14.5% of all crypto payments processed on CoinGate, the second-highest share after Bitcoin. Partnerships with major platforms such as PayPal, Venmo, and Telegram Wallet are facilitating broader adoption, allowing users to spend Litecoin like traditional currency. Transaction activity has increased by 243% over the past five months, a trend that is expected to continue as more businesses and consumers integrate LTC into their financial activities [1].

Institutional demand is also rising, with several major firms filing for Litecoin ETFs. Grayscale, Canary Capital, and CoinShares have all submitted proposals, and analysts estimate a high likelihood of approval by year-end 2025. Institutional investors are already showing interest, with MEI Pharma allocating $100 million in Litecoin and Grayscale increasing its holdings to 2.1 million LTC. If an ETF is approved, it could bring substantial new capital into the market, potentially pushing the price toward $140–$160 in the near term [1].

Technical indicators also support a bullish outlook. Over the past seven days, Litecoin has gained 9%, and its price has risen from $109 to $120 in just one day. Traders are closely watching the $110 level, as maintaining a price above this threshold could lead to a breakout with targets at $123 and $130 [4]. Meanwhile, the broader market remains bullish, with the crypto Fear and Greed Index recording a score of 62 on July 31, indicating a strong level of investor confidence [7].

Despite these positive developments, the market remains volatile. Some Litecoin holders have been reported to be moving funds toward early-stage projects in search of higher returns [8]. However, the combination of strong fundamentals, growing adoption, and institutional interest suggests that the current rally in Litecoin has a solid foundation. Investors are advised to monitor key price levels and broader market trends for potential turning points [3].

Source: [1] Litecoin (LTC) Price Is Pumping: 3 Possible Reasons ... (https://captainaltcoin.com/litecoin-ltc-price-is-pumping-3-possible-reasons-behind-the-move/)

[2] Litecoin (LTC) Could Dominate the Crypto Market in August (https://www.ccn.com/analysis/crypto/litecoin-ltc-price-dominate-august/)

[3] Litecoin's July Surge: ETF Speculation, Whale Activity, and ... (https://www.okx.com/learn/litecoin-etf-whale-activity-price-levels)

[4] 7 Top Coins to Watch This Week - Next Cryptos to Explode (https://en.cryptonomist.ch/2025/08/05/7-top-coins-to-watch-this-week-next-cryptos-to-explode/)

[6] Litecoin Fear and Greed Index | Multiple Timeframes (https://cfgi.io/litecoin-fear-greed-index/)

[7] Cryptocurrency Price Today (July 31): Bitcoin Fails To Rise ... (http://www.msn.com/en-in/autos/photos/cryptocurrency-price-today-july-31-bitcoin-fails-to-rise-above-119000-pump-becomes-top-gainer/ar-AA1JCPis?apiversion=v2&batchservertelemetry=1&domshim=1&noservercache=1&noservertelemetry=1&renderwebcomponents=1&wcseo=1)

[8] Stellar and Litecoin Lag Behind But Punisher Coin Become ... (https://coincentral.com/stellar-and-litecoin-lag-behind-but-punisher-coin-become-the-best-token-to-buy-now-with-30-bonus-and-100x-2025-potential/)

[9] SharpLink buys another $54M in ETH, now holds $1.65B ... (https://m.fastbull.com/en/news-detail/sharplink-buys-another-54m-in-eth-now-holds-news_6100_0_2025_3_6468_3)