LTC Surges to Second Place in Crypto Payments: A Bullish Sign for Future Adoption
Litecoin (LTC) has achieved a significant milestone by becoming the second-most utilized cryptocurrency for payments on CoinGate's platform, according to July 2025 data. With a 14.5% share of transactions, LTC now trails only Bitcoin (22.9%) and has surpassed stablecoins in adoption. This development highlights Litecoin's growing utility despite its modest 19th-place market capitalization ranking. The network's faster transaction speeds and lower fees are likely driving its adoption for everyday payments, positioning LTC as a strong contender in the crypto payments space. This trend could signal further price appreciation and broader acceptance of Litecoin in the coming years.
Litecoin Rises to Second Place in Crypto Payments, Trailing Only Bitcoin
Litecoin (LTC) has surged to become the second-most utilized cryptocurrency for payments on CoinGate's platform, according to the Lithuanian payment processor's July data. The digital asset now commands 14.5% of transactions, eclipsing stablecoins and trailing only Bitcoin's dominant 22.9% share.
This adoption milestone comes despite Litecoin's modest 19th-place market capitalization ranking. The network's faster block times and lower fees compared to Bitcoin appear to be driving merchant acceptance, particularly for smaller-value transactions where cost efficiency matters most.
CoinGate's infrastructure supports over 70 cryptocurrencies, with Tron (TRX) and dollar-pegged tokens USDC and USDT rounding out the top five payment options. The platform serves both e-commerce and brick-and-mortar businesses seeking to tap into the global crypto economy.
MEI Pharma Allocates $100M Treasury Reserve to Litecoin in Landmark Institutional Adoption Move
Nasdaq-listed biotech firm MEI Pharma has made history as the first U.S. public company to adopt Litecoin as a primary treasury reserve asset. The $110.4 million acquisition of 929,548 LTC tokens signals a strategic shift toward operational cryptocurrency use beyond speculative trading.
The decision, developed with crypto market maker GSR and Litecoin creator Charlie Lee, reflects growing institutional confidence in blockchain's real-world utility. MEI cited Litecoin's 13-year uptime record, transactional efficiency, and merchant adoption as key factors in selecting LTC over traditional cash reserves.
This MOVE represents a watershed moment for cryptocurrency adoption, demonstrating how non-financial corporations are beginning to integrate digital assets into core treasury management strategies. The pharmaceutical company's endorsement lends credibility to Litecoin's value proposition as a reliable settlement layer.
Litecoin Price Prediction: A 50% Rally in Sight Amid Whale Caution
Litecoin has surged past $120, marking a 10% daily gain as broader crypto market sentiment improves. Technical analysis suggests a potential 50% upside, but on-chain metrics reveal looming headwinds.
Open interest exceeding $1 billion signals strong futures market participation, yet spot exchange inflows indicate profit-taking readiness. The $129 resistance level remains a key battleground, with CMF divergence hinting at short-term consolidation before higher targets.
Whale activity presents the critical catch—while derivatives traders build long positions, increasing exchange deposits suggest large holders may soon liquidate. This tension between futures momentum and spot market flows creates a precarious balance for LTC's next move.
Litecoin Defies Market Pullback as Corporate Adoption Sparks Rally
Litecoin has surged 13% this week against a backdrop of broad crypto market declines, with trading volumes doubling to push prices toward $128. The outlier performance follows MEI Pharma's establishment of a $110.4 million LTC treasury—marking the first public company to adopt Litecoin as a reserve asset.
MEI's $100 million acquisition at $107.58 per token has already yielded $13 million in unrealized gains. The move mirrors corporate bitcoin strategies pioneered by MicroStrategy, though Litecoin's lower volatility and Bitcoin-like architecture appear to be attracting institutional interest.
While Bitcoin remains the preferred treasury asset for most firms, Litecoin's recent adoption signals expanding confidence in alternative crypto stores of value. The token's blockchain fundamentals—including faster transactions and lower fees than Bitcoin—are gaining recognition among capital allocators.
Australian Online Casino Market Expands in 2025 with Crypto Integration
The Australian online casino market has surged in 2025, offering players diverse gaming options, lucrative bonuses, and secure payment methods. Crypto-friendly platforms have gained traction, with several casinos now accepting digital assets like BTC, ETH, and LTC for seamless transactions.
Leading casinos are distinguishing themselves through mobile optimization, generous welcome bonuses, and specialized offerings such as live dealer games and extensive slot libraries. The integration of cryptocurrency payments reflects broader trends in financial technology, catering to tech-savvy players seeking faster and more private transactions.
Litecoin Soars to $120 on ETF Buzz: $140 Next?
Litecoin (LTC) surged to $120 amid speculation of a potential ETF approval, marking a significant rally from under $100. Institutional interest and macroeconomic tailwinds fueled the breakout, with traders eyeing $140 as the next target.
The cryptocurrency's resilience contrasts with broader market consolidation, highlighting its growing appeal. Regulatory comfort with crypto investment vehicles has bolstered Optimism for altcoin ETFs beyond Bitcoin and Ethereum.
Litecoin's longevity, liquidity, and transparent codebase position it as a prime candidate for ETF approval. Market participants now watch for regulatory signals that could propel LTC into mainstream investment portfolios.