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Alejandro Arrieche
Alejandro Arrieche
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Litecoin (LTC) has emerged as one of this year’s strongest performers, climbing 14% year-to-date as speculation grows around a potential spot exchange-traded fund (ETF) approval in 2025.
On prediction markets like Polymarket, traders have increased the odds of Litecoin’s ETF approval from 50% at the start of the year to 84% today.
Similarly, Solana’s spot ETF prospects have surged, with traders now assigning a 92% chance of approval this year.
Also read: Solana Price Prediction 2020 – 2025
Despite these high expectations, Litecoin (LTC) has dropped 8.2% in the past 24 hours, likely due to traders taking profits after its 24.6% gain over the past 30 days.
Currently, Canary Capital, Grayscale, and CoinShares are leading the charge for a spot LTC ETF, with the Nasdaq Exchange also filing its corresponding application with the SEC.
The regulatory agency has 45 days to issue an initial response, with the first deadline set for February 28.
If the SEC proposes minimal amendments, approval odds could climb even higher—especially with the Trump administration appointing a pro-crypto acting Chairman to the agency.
Litecoin (LTC) Chart Shows Rejection of Key Trendline Resistance
The daily Litecoin ($LTC) chart reveals that the token pulled back sharply after briefly breaking above a key trend line resistance in yesterday’s session. However, momentum indicators suggest a potential rebound.
Notably, the Relative Strength Index (RSI) has crossed above the signal line, often seen as a bullish signal indicating growing momentum.
Additionally, the MACD histogram has shifted into positive territory, with steadily increasing readings that further support a potential upward move.
A break above the $130 trend line resistance and the $135 horizontal level would confirm a bullish short-term outlook for Litecoin (LTC), potentially paving the way for further gains.
As Litecoin gears up for another move higher, the Best Wallet ($BEST) presale continues to gain momentum, nearing the $10 million milestone.
Best Wallet Challenges Long-Standing Players in the Web3 Storage Space
Best Wallet ($BEST) is redefining the Web3 storage market with a suite of innovative features designed to enhance security, usability, and efficiency—setting a new standard for crypto investors.
This surge in investor interest has propelled the $BEST presale to $9.7 million in under two months, as traders recognize that legacy wallets like MetaMask have failed to evolve with new features that enhance utility.
Best Wallet’s mobile app is already live on iOS and Android, earning a solid 4.5-star rating from early adopters.
Beyond wallet functionality, the team has ambitious plans to introduce a decentralized exchange and a crypto-enabled debit card, allowing users to seamlessly spend their digital assets.
At its current discounted price of $0.02395, $BEST offers substantial upside potential, with analysts predicting strong demand once it lists on exchanges.
To buy $BEST, visit the Best Wallet website and connect your wallet.
You can swap ETH, USDT, or BNB for the token, or use a bank card to complete the purchase.
