Main growth drivers and risks for Litecoin (LTC)
Litecoin (LTC) is one of the oldest altcoins on the market, introduced in 2011. Litecoin was created as a fast and more user-friendly complement to the Bitcoin ecosystem — if the first cryptocurrency is often called "digital gold", then Litecoin is "digital silver".
In 2025, Litecoin not only retains its position among the most significant altcoins but also exhibits impressive growth, with the price of Litecoin rising even during a general correction in the cryptocurrency market.
Milestone of 300 million transactions
At the very beginning of 2025, Litecoin crossed a crucial symbolic milestone — 300 million transactions were processed on the blockchain. This marked the culmination of a long period of increasing popularity and network activity for the altcoin.
Throughout 2024, an average of 401,000 addresses were active daily on the Litecoin network — 10% more than in 2023. The number of transactions grew by more than 38% over the year. The first half of 2025 demonstrated similar growth in the number of users on the network, accompanied by an even sharper increase in transaction volume, which in February reached nearly $10 billion per day.
Additionally, at the very end of 2024, a new record in total hash power of Litecoin mining devices was set — 1.919 PH/s.
Hack of the official account
Not all early-year events were positive for Litecoin. On January 11, the official Litecoin development team's account on X (formerly Twitter) was hacked.
The attacker used the compromised account to promote a scam Litecoin token (also named Litecoin) on the Solana blockchain.
The hack did not lead to serious consequences for users — control over the account was restored within a few hours. Nevertheless, the incident became the most serious PR issue for Litecoin in the first half of 2025.
Continuation of the Litecoin ETF saga
The first application for a Litecoin exchange-traded fund (ETF) was submitted to the U.S. Securities and Exchange Commission (SEC) by Canary Capital in October 2024.
Approval of the Litecoin ETF is expected this year, with analysts and betting markets estimating a 95% probability of success. However, the SEC has already postponed decisions on ETFs for several altcoins — including LTC — four times.
Despite this, investor sentiment remains optimistic — the expected ETF approval and the subsequent influx of institutional capital are one of the main drivers of LTC's price and market cap growth in 2025.
Expanded adoption of Litecoin
The trend of Litecoin adoption by major institutional players, which began in mid-2024 with investment firm Fidelity, continued in 2025.
On July 18, 2025, MEI Pharma, a major U.S. pharmaceutical company, announced plans to purchase $100 million worth of Litecoin. According to the company's press release, the cryptocurrency will be used as a reserve asset. Many analysts have noted the similarity between MEI Pharma's strategy and Strategy's entry into the crypto market. MEI Pharma may well join the ranks of traditional companies that have shifted to crypto operations as their primary means of boosting capitalization.
Moreover, interest in LTC isn't limited to the private sector — Litecoin was included among cryptocurrencies proposed as a legal means of payment in a new bill in New York. If passed, all government agencies in the U.S.'s largest financial center would be able to accept payments in Bitcoin, Litecoin, Bitcoin Cash, and Ethereum.
What's happening with Litecoin's price in 2025?
The market situation in 2025 is also favorable for Litecoin. LTC's market capitalization rose from $7.6 billion at the beginning of the year to $8.6 billion as of July 24.
The Litecoin price, which was about $100 per coin at the start of the year, had risen to $113 by July 24.
Growth rates have certainly slowed down compared to the second half of 2024. However, for over two months (since mid-April), LTC has been demonstrating stable growth with no drawdowns.
Litecoin — outlook for the second half of 2025
At the moment, the fate of Litecoin lies, without exaggeration, in the hands of the SEC. Approval of a Litecoin ETF would become the most significant event for the altcoin in recent years and would inevitably trigger a new wave of growth. In the event of a rejection (albeit unlikely), investor disappointment would inevitably lead to a mass sale of LTC and a sharp decline in price and capitalization.