LTC Faces Quantum Threats as Blockchain Governance Lags Behind
Quantum computing advancements pose a growing risk to cryptocurrency security, with Litecoin (LTC) and other digital assets potentially vulnerable due to slow blockchain governance updates. As of May 14, 2025, LTC trades at $102.16 while industry experts warn of urgent need for quantum-resistant solutions.
Slow Blockchain Governance Leaves Crypto Exposed to Quantum Threats
Quantum computing poses a significant risk to cryptocurrency security, with slow-moving blockchain governance processes exacerbating vulnerabilities. Colton Dillion, co-founder of Quip Network, warns that quantum-proof solutions are urgently needed as tech giants like Google and Microsoft advance quantum research.
The technology leverages subatomic particle states to perform calculations far beyond classical computing, potentially cracking blockchain encryption. Attackers armed with quantum capabilities are unlikely to reveal their advantage immediately, creating a silent threat to digital assets.
Litecoin Faces Key Resistance at $105 After Strong Rally
Litecoin’s upward momentum shows signs of fatigue as it approaches a critical resistance level. The cryptocurrency, which surged past key moving averages in early May, now struggles to breach the $105.32 barrier—a level that has twice rejected bullish attempts this week.
Current trading at $103.62 reflects growing indecision among market participants. Technical indicators suggest waning buying pressure, with the upper Bollinger Band acting as a gravitational pull on price action. The $102 support level now serves as a litmus test for short-term sentiment.
A decisive break above resistance could propel LTC toward $110, while failure to hold current levels may trigger a retracement to $98.77. Market watchers note the fading volume during recent tests of the resistance zone—a classic sign of exhaustion after the asset’s 17% rally from its April consolidation below $90.
Coinbase Prepares to Launch Wrapped XRP, ADA, DOGE, and LTC on Base Network
Coinbase is expanding its presence in the wrapped token market with plans to introduce wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its ethereum Layer 2 network, Base. The exchange confirmed the upcoming assets—cbXRP, cbADA, cbDOGE, and cbLTC—in a May 13 announcement via its Coinbase Assets X account, though a specific launch timeline remains undisclosed.
Wrapped tokens bridge assets across blockchains, enhancing interoperability. By deploying these tokens on Base, Coinbase aims to provide users with lower fees, improved liquidity, and broader access to decentralized finance (DeFi) tools. Base, the largest Ethereum Layer 2 by total value secured, continues to solidify its role as a hub for cross-chain innovation.