LTC Holds Steady Below $100 Amid Smart Contract Upgrade Anticipation

As of early June 2025, Litecoin (LTC) continues to hover just below the $100 mark, showcasing resilience despite broader market uncertainties. The cryptocurrency's stability is partly attributed to growing anticipation surrounding its upcoming smart contract upgrade, which aims to enhance its functionality and appeal in the decentralized finance (DeFi) space. Meanwhile, Cardano (ADA) faces bearish pressure, struggling to break through the $0.6780 resistance level, with technical indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) signaling weakness. In contrast, the Web3 AI project has garnered significant attention, raising over $7.1 million in its presale. The project's success is driven by its innovative AI-powered crypto toolkit, which promises to revolutionize the way users interact with blockchain technology. This development highlights the increasing convergence of artificial intelligence and cryptocurrency, offering new opportunities for investors and developers alike. As the market evolves, Litecoin's upcoming upgrade and the rise of AI-driven projects like Web3 AI could play pivotal roles in shaping the future of digital assets.

Cardano Faces Resistance, Litecoin Hovers at $98, While Web3 AI Presale Surpasses $7.1M

Cardano (ADA) and Litecoin (LTC) are navigating mixed signals in early June. ADA faces bearish pressure, sliding below resistance at $0.6780, with technical indicators like RSI and MACD signaling weakness. Litecoin lingers just under $100 despite anticipation for its smart contract upgrade.

Meanwhile, Web3 AI's presale has surged past $7.1 million, fueled by its AI-powered crypto toolkit and a projected 1747% ROI. Priced at $0.000422 in Stage 8, the token's locked listing price of $0.005242 is drawing significant interest.

Nasdaq Expands Crypto Index with XRP, SOL, ADA, XLM in SEC Filing

Nasdaq has taken a significant step toward broader crypto market representation by filing a proposed rule change with the SEC on June 2, 2024. The exchange seeks to add XRP, Solana (SOL), Cardano (ADA), and Stellar Lumens (XLM) to its benchmark Nasdaq Crypto Index (NCI), which currently tracks nine digital assets including Bitcoin and Ethereum.

The move WOULD enable the Hashdex Nasdaq Crypto Index US ETF (NCIQ) to transition from its current narrow benchmark to the more comprehensive NCI. While the ETF currently holds only BTC and ETH due to regulatory constraints, SEC approval would allow exposure to all index components—introducing potential alpha opportunities but also tracking error risks.

Market participants note the proposal reflects growing institutional recognition of altcoins beyond the crypto blue chips. The SEC's decision, expected by November 2025, could set a precedent for broader crypto ETF offerings.

Litecoin Foundation Launches Nexus Wallet with Advanced Features for Android and iOS

The Litecoin Foundation has unveiled its Nexus Wallet, now available for download on both Google Play and the iOS App Store. Announced via tweet on June 7, 2025, the Litecoin Wallet 2.0 aims to be a reliable tool for LTC users, offering atomic swaps between BTC and LTC, SegWit support, and MWEB for enhanced privacy.

Transactions are expedited through Lightning Network integration, while Flexa Pay enables seamless payments at U.S. retailers. The wallet also supports sending LTC to Unstoppable Domains, bridging everyday utility with advanced crypto operations.

First teased at Litecoin Summit 2025, the launch underscores the Foundation's commitment to innovation. Partnerships with Flexa highlight instant, secure spending capabilities, further solidifying Litecoin's position in the payments ecosystem.