Litecoin (LTC) is gaining significant attention from crypto whales, with a growing number of large investors accumulating the coin. On-chain data reveals impressive activity, including a 24-hour transaction volume of 115.18 million LTC and 365,086 active addresses. Furthermore, Litecoin’s hashrate has reached an all-time high of 2.53 TH/s, reflecting increasing miner confidence and the return of healthy miner incentives. With these signs of strength, many are wondering: can Litecoin hit $140 by 2025?

Litecoin’s Price Momentum

Litecoin has recently bounced back from a dip, following a local peak of $112 in February. After some price corrections, LTC is now pushing toward resistance at $104. If Litecoin can break and maintain support at this level, it could be poised for further price gains, with the $140 target in sight. This level represents the 38.2% Fibonacci retracement from LTC’s peak of $413 in May 2021 to its low of $40 in June 2022.

Once the resistance at $104 is successfully flipped to support, Litecoin could face fewer barriers on its path to $140. The rally could pick up momentum as whales continue to accumulate LTC, driving long-term bullish sentiment.

On-Chain Data and Whale Activity

On-chain metrics reveal key insights into investor sentiment and market activity. According to IntoTheBlock, 33.79% of LTC holders are in profit, amounting to 25.81 million LTC or roughly $2.28 billion. Meanwhile, 57.47% of holders are at a loss, but the increase in whale accumulation suggests that larger investors are confident in LTC’s future.

Whale wallets holding over 10,000 LTC have increased by 4.8%, and whale transactions above $100,000 surged by 22% last month. Moreover, wallets holding between 100,000 and 1 million LTC increased their holdings by 5.6%, signaling strong confidence in Litecoin’s potential price appreciation.

Despite a large portion of LTC holders being at a loss, these metrics indicate a growing belief in Litecoin’s long-term value, especially as whale transactions and active addresses increase.

The Potential for a Litecoin ETF

A key factor fueling speculation about LTC’s future growth is the possibility of a Litecoin ETF. Bitcoin’s recent ETF approval caused a surge in bullish sentiment, and many believe Litecoin could follow suit. An ETF would provide institutional investors with regulated exposure to Litecoin, driving greater adoption and potentially increasing its price.

ETF approvals in the past, such as for Bitcoin, have led to major price pumps, making it a likely catalyst for Litecoin’s price growth. If an LTC ETF were to be approved, it could significantly increase the altcoin’s value and bring the price well beyond the $140 mark.

While there is no clear timeline for Litecoin’s ETF approval, the growing demand for cryptocurrency ETFs and investment products suggests that the coin’s long-term prospects remain strong. Litecoin’s established presence in the crypto market further supports the likelihood of approval in the future.

Conclusion: Can Litecoin Reach $140 in 2025?

Litecoin’s recent performance, combined with whale accumulation, high on-chain activity, and the potential approval of an ETF, all suggest that the coin has strong growth potential in the coming years. If Litecoin successfully breaks through resistance and continues to see increasing whale activity, reaching $140 in 2025 is an achievable goal.

Additionally, if an ETF approval pushes institutional investment into Litecoin, the price could far exceed expectations. Whether or not the Litecoin ETF becomes a reality, the coin’s fundamentals remain solid, making it a cryptocurrency to watch closely in 2025.