The cryptocurrency market is witnessing positive changes regarding Litecoin and Avalanche, which we will discuss in this article.
Litecoin: Signs of Growth
Litecoin (LTC) is displaying promising technical and on-chain signals. The necessary open interest for futures stood at $1.26 billion, while active wallets increased by 12% month-on-month. Over 60% of LTC supply is held by long-term holders, indicating confidence in the asset. The network has processed over 250 million transactions, showing active usage.
On charts, LTC is holding just below the $137–$138 resistance level. Analysts believe a successful breakout could lift prices to $150 soon and towards $175–$180 by the end of August.
Avalanche: Ecosystem Development
Avalanche (AVAX) is showing positive signals after forming a bullish double-bottom near $15.60 and pushing above the 50-day EMA. The neckline sits at $27.40, and a breakout could push AVAX to $40, presenting a potential 65% increase.
Recent metrics indicate a 715% surge in stablecoin volumes on Avalanche within just a month, while DEX activity and total value locked are also on the rise.
Cold Wallet: Rewards System
Cold Wallet offers a unique approach to cryptocurrency storage. It is a mobile-first self-custody wallet that eliminates complicated onboarding steps. Each user controls their keys and earns rewards for engaging with the app, such as swaps, bridging, and paying gas fees, in the form of cashback in the native token CWT. This model encourages active usage and adds real value.
Litecoin and Avalanche are showing positive results, making both assets attractive for investment in 2025. Cold Wallet offers an innovative system that promotes long-term utility.
