Litecoin Spikes Above $73 for First Time Since July

- Litecoin (LTC) has just had a strong rally, surpassing $73 for the first time since July. This is LTC’s first notable breakout against Bitcoin and other altcoins since the spring.

- According to Santiment’s analysis, two key factors driving this uptrend are: Litecoin’s on-chain transaction volume approaching $4 billion and an increase in social discussion about Litecoin, which accounts for 1.08% of all cryptocurrency discussions.

- Litecoin also celebrated its 13th anniversary on October 7, with 77 million transactions completed this year.

- Canary Capital Group has filed for a Litecoin ETF with the SEC, opening the door for institutional and retail investors to directly access LTC.

🚀 Will Litecoin Attract Institutional Investors?