Litecoin's price has been under pressure, down 4.87% in the last 24 hours, currently trading around $65.99. The recent decline is attributed to whale selling and reduced institutional interest. However, some analysts see potential for recovery, citing oversold conditions and growing adoption in business payments. ¹ ² ³
Some positive developments include:
- *SBI VC Trade Adds LTC Staking*: Japan's SBI expands crypto staking to Litecoin, boosting institutional utility.
- *Litecoin Gains Traction in Business Payments*: Guides highlight Litecoin's role in fast, low-cost altcoin payment solutions.
- *LitVM Testnet Launch*: Litecoin's first zero-knowledge Layer-2 network goes live, enhancing scalability and smart contract capabilities.
Would you like updates on Litecoin's price movements or insights into what's driving the market?
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