Litecoin Targets $180 After $12% Wallet Growth and Bullish Indicators

Litecoin (LTC) is showing signs of a potential price breakout as technical indicators and on-chain metrics align. With futures open interest reaching $1.26 billion and active wallet counts up 12% month-on-month, the coin is positioned for a move above $137–$138 resistance. Analysts suggest that a clean break through this level could push LTC toward $150 in the near term, with a target of $175–$180 expected by the end of August. On the charts, the Supertrend indicator has turned bullish, and RSI readings are approaching overbought territory, suggesting a potential explosive move if volume supports the trend [1].

Avalanche (AVAX) is also gaining momentum following the formation of a double-bottom pattern near $15.60 and a move above its 50-day EMA. A breakout above the $27.40 neckline could send AVAX toward $40, representing a potential 65% gain. Supporting this bullish outlook are significant increases in stablecoin volumes on the network, which have surged 715% in a month, alongside rising decentralized exchange (DEX) activity and total value locked (TVL). The launch of tokenized U.S. stocks on the platform by Dinari Global further adds to its utility, reinforcing its role as a key player in blockchain adoption [2].

Cold Wallet, a self-custody platform, is taking a different approach to value creation by rewarding user activity through its native token CWT. The platform recently raised $6.3 million through the sale of over 740 million tokens at $0.00998. By offering cashback for actions such as swaps, bridging, and paying gas fees, the app incentivizes regular use and fosters organic growth. Additionally, a referral program amplifies this effect by rewarding both the inviter and the new user. Unlike speculative assets that rely on external events or whale activity, Cold Wallet builds value through everyday usage, creating a self-sustaining ecosystem [2].

The broader narrative surrounding these three projects highlights a shift toward user-driven incentives and ecosystem growth in the cryptocurrency space. Litecoin’s potential price action, Avalanche’s utility expansion, and Cold Wallet’s reward-based model all reflect a trend of innovation aimed at long-term sustainability. While market conditions remain subject to macroeconomic and regulatory factors, these developments underscore the evolving nature of digital asset adoption and decentralized finance.

Source: [1] Litecoin Eyes $180, Avalanche Grows While Cold Wallet Raises $6.3M With Self-Custody Rewards Model (https://coindoo.com/litecoin-eyes-180-avalanche-grows-while-cold-wallet-raises-6-3m-with-self-custody-rewards-model/)

[2] Litecoin Targets Breakout Toward $180 While Avalanche Expands Utility & Cold Wallet Raises $6.3M Through Real Rewards (https://thecoinrise.com/litecoin-targets-breakout-toward-180-while-avalanche-expands-utility-cold-wallet-raises-6-3m-through-real-rewards/)