#OnChainInsights
On-chain data shows increased Litecoin (LTC) network activity amid ETF approval speculation. Daily transaction volume has surged to $9.6 billion, with 196,115 transactions processed per day. Whale accumulation is rising, signaling investor confidence. The Market Value to Realized Value (MVRV) ratio suggests LTC may be undervalued, hinting at further price growth.
Litecoin is currently trading at $133.76, up 4.16%, with an intraday high of $138.79. The positive market sentiment is driven by ETF optimism and institutional interest. Analysts believe Litecoin’s ETF approval could boost adoption and liquidity.
With heightened network usage, strong whale activity, and potential ETF approval, Litecoin remains a key asset to watch.
