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Litecoin Leads on BitPay, Dominance Established

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by Giorgi Kostiuk

7 hours ago


Litecoin (LTC) has achieved a new global record on the BitPay platform, remaining the leading crypto asset over the past six months.

New Record on BitPay

According to an update from the Litecoin X account, LTC accounted for 34.28% of all transactions on the platform. This represents 79,502 payments out of 234,874 total. Following Litecoin is Bitcoin with 27.24%, and Ethereum in third place with 10.94%. Bitcoin Cash also showed popularity on BitPay with an 8.6% share. Other assets like Dogecoin, Polygon, USDC, and USDT raked in 5.69%, 3.18%, 3.24%, and 3.05% respectively. This achievement strengthens Litecoin’s influence in the digital payment ecosystem amid growing discussions around a potential LTC ETF.

Litecoin ETF Potential

The increase in Litecoin transactions occurs alongside growing speculation about the potential launch of an ETF for the asset. Polymarket data suggests that the probability of a Litecoin ETF approval in 2025 has risen to 77%. Bloomberg analysts are even more optimistic, placing the odds at 90%. An ETF could boost traditional investor interest in Litecoin, attract fresh capital to the market, and significantly increase its value.

Current Litecoin Price and Forecast

As of publication, Litecoin is trading at $90.66, following a 3.60% decline in the past 24 hours. Analysts predict that if LTC breaks through the $135 resistance level, it could rally towards $150 and even $200 in the coming months. However, failure to hold above $100 could see the price return to key support levels at $80 or lower.

Litecoin continues to strengthen its position in the digital payments market, and discussions around a potential ETF on this asset could further increase its popularity.

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