LTC Price Prediction: Will Litecoin Surge Past 90 USDT?

Factors Influencing LTC’s Price

Litecoin Outshines Solana and Cardano in ETF Approval Race

Litecoin's market structure shows bullish momentum as it approaches the $90 threshold, with analysts predicting a 17% surge to $105 by July 2025. A symmetrical triangle pattern on technical charts suggests imminent directional movement, while rising open interest in derivatives underscores growing institutional interest.

Cardano's recent SEC victory, which clarified ADA's non-security status, failed to ignite a price rebound. The token struggles below $0.70 amid increasing sell pressure and oversold RSI conditions. Market participants now watch whether Litecoin's ETF prospects will divert attention from underperforming altcoins.

Coinbase Expands Base Network with cbXRP and cbDOGE Wrapped Tokens

Coinbase has launched wrapped versions of XRP and Dogecoin (cbXRP and cbDOGE) on its Layer-2 network, Base, marking a strategic move to bridge non-Ethereum assets into its DeFi ecosystem. The tokens are backed 1:1 by reserves held in custody, with $5 million worth of cbXRP and $1.9 million in cbDOGE issued on the first day. This enables seamless integration into Base’s low-fee DeFi protocols.

The initiative underscores Coinbase’s push to onboard legacy cryptocurrencies like Litecoin and Cardano—hinted as next in line—into its scalable Ethereum-compatible environment. By leveraging ERC-20 standards, the wrapped tokens unlock liquidity mining, lending, and DEX trading for XRP and DOGE holders without network withdrawals.

DOGE and XRP Go Live on Base: Here’s How to Buy Wrapped XRP

Coinbase has launched cbDOGE and cbXRP, wrapped versions of Dogecoin and XRP, on its Ethereum Layer 2 network, Base. These ERC-20 tokens are backed 1:1 by reserves held by Coinbase. Over 2.3 million cbXRP ($5M) and 10.4 million cbDOGE ($1.9M) were issued within 24 hours, signaling robust demand.

The integration expands Base's utility as a leading L-2 network, offering lower fees and enhanced DeFi access. Base now leads Ethereum's Layer 2 ecosystem with $15 billion in secured assets and $3.6 trillion in Q1 2025 stablecoin volume. Coinbase warns users to verify contract addresses amid scam risks.

Wrapped tokens for Litecoin and Cardano (cbLTC, cbADA) remain in development, following the success of cbBTC's $4.7 billion market cap. The move unlocks cross-chain functionality for meme coins and payment-focused assets.

Dubai Strengthens Crypto Regulatory Framework in 2025, Attracting Major Exchanges

Dubai has solidified its position as a global cryptocurrency hub with enhanced regulations in 2025. The Virtual Assets Regulatory Authority (VARA) introduced Rulebook Version 2.0, mandating stricter AML protocols, client screening, and transparent reporting for all Virtual Asset Service Providers (VASPs). Compliance is required by June 19, 2025, with enforcement actions looming for non-adherents.

The Dubai Department of Finance (DOF) partnered with Crypto.com, enabling cryptocurrency payments for government fees. This move aligns with the Dubai Cashless Strategy, targeting 90% digital transaction adoption by 2026. Major platforms like Binance, Coinbase, and OKX now operate under Dubai's clear and secure regulatory framework.

Litecoin Holds Key Support Amid Layer-2 Expansion and Market Uncertainty

Litecoin (LTC) demonstrates resilience, holding critical support near $89 despite forming a bearish head-and-shoulders pattern. Trading volume at this level indicates active buyer participation, even as the broader CD20 index declines by 1% amid geopolitical tensions and a weakening U.S. dollar.

Technological advancements are bolstering Litecoin's position. Lunar Digital Assets' launch of LitVM—a zero-knowledge Layer-2 network—introduces EVM-compatible smart contracts and cross-chain swaps with Bitcoin (BTC) and Cardano (ADA). Built on BitcoinOS and Polygon’s CDK, the upgrade aims to enhance Litecoin's DeFi utility while mitigating bridge-related security risks.

Retail access expands as IG Group adds LTC for UK crypto trading, though the impact may be marginal given Litecoin's existing scale. The cryptocurrency's stability contrasts with a flight to hard assets like gold, underscoring its hybrid role as both a transactional medium and speculative asset.

Will LTC Price Hit 90?

LTC faces a critical juncture at 87.56 USDT, with mixed signals from technicals and bullish news catalysts. Key data:

Mia highlights: "A close above 90 USDT requires breaking the MA and sustained ETF optimism." Short-term upside likely if news sentiment holds.

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