Litecoin is trading near $115 as the altcoin market experiences robust conditions and speculation grows over a potential ETF approval. The Altcoin Season Index has reached 71%, its highest level since December 2024, reflecting widespread strength across alternative cryptocurrencies.
Futures open interest for Litecoin has exceeded $958 million, with trading volume rebounding to $607.23 million, indicating renewed investor engagement. Market models suggest a more than 90% likelihood of an LTC ETF approval, which could enhance institutional access and demand. If the current momentum persists, Litecoin could climb to $130, a price last observed in February 2025.
Litecoin Approaches $115 Amid Altcoin Season and ETF Speculation
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