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Litecoin has been consolidating below the $140 level, showing resilience despite the broader market downturn. Even during this week’s market breakdown, which saw Litecoin drop by 18%, the price managed to reclaim key levels, signaling strength compared to other altcoins. While most cryptocurrencies struggled to recover from heavy losses, LTC has held firm, maintaining a solid market structure. Related Reading: Long-Term Dogecoin Holders Are In “Denial” – On-Chain Metrics Expose Weakness Top analyst Daan shared insights on X, highlighting Litecoin’s relative strength in the past few weeks. He noted that $LTC has been one of the strongest coins recently, with its high timeframe chart still looking solid. According to Daan, if the market recovers, Litecoin could be poised for a big rally, outperforming weaker altcoins that have struggled to regain key levels. If buyers step in and reclaim the $140 mark, Litecoin could be positioned for a strong rally once market conditions improve. However, if selling pressure returns, the price may retest lower support levels before making its next major move. Investors remain cautiously optimistic about LTC’s performance amid ongoing market volatility. Litecoin Consolidates Below Critical Supply Level Litecoin has been trading in a consolidation range below its multi-year highs, showing relative strength compared to the broader crypto market. While most altcoins have struggled to recover from recent losses, LTC has remained resilient, holding key levels despite heightened volatility. Speculation and market sentiment have been major drivers of price action, with Litecoin experiencing massive swings throughout the week. Daan’s insights note that LTC has been one of the strongest coins in the past couple of weeks. According to him, Litecoin’s high timeframe chart remains solid, signaling strong market structure even amid broader market weakness. However, the $140 level has proven to be a major resistance, preventing LTC from breaking out. Daan advises keeping an eye on this critical price level, as a breakout could trigger a significant upward move. This strength is primarily due to the growing Litecoin ETF narrative, which has fueled buying pressure, Daan adds. He acknowledges that while there may not be meaningful inflows once the ETF goes live, the speculation surrounding it has provided short-term bullish momentum. Related Reading: Solana Transfer Volume Crashes To $14.5M – What’s Next for SOL? For now, Litecoin’s ability to hold above key levels suggests it could be positioned for a breakout once market sentiment improves. If bulls manage to reclaim $140, an aggressive rally could follow. LTC Price Is Flirting With A Breakout Litecoin is currently trading at $129 after breaking down to $106 during the recent market-wide sell-off. Despite the volatility, LTC has managed to regain momentum, bouncing back above key support levels. The next critical resistance level lies at $140, a price that has acted as a strong barrier since early December. Bulls must reclaim this level to confirm a breakout and push LTC into higher price ranges. If Litecoin holds above the $130 mark for the next few days, a breakout could follow, leading to an aggressive rally toward multi-year highs. However, the market remains in a consolidation phase after experiencing massive selling pressure, and further price compression could delay a breakout. Related Reading: XRP Breaks Down Below Key Demand – Analyst Expects A Drop To $1.65 While Litecoin has been one of the strongest-performing altcoins in recent weeks, uncertainty in the broader crypto market continues to influence price action. Traders are closely watching LTC’s ability to sustain support above $130, as failing to do so could result in a retest of lower demand levels. If LTC consolidates within the current range, a slow accumulation phase may be underway before the next major move. A decisive break above $140 would signal the start of a new bullish phase for LTC. Featured image from Dall-E, chart from TradingView
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Bybit Restores 77% of Assets Under Management, Strengthens Security After Hacking Incident
Bybit has successfully restored 77% of its assets under management (AUM) following a recent security incident, reaffirming its commitment to transparency and resilience. The exchange also reported strong trading activity, surpassing $40 billion in volume over the past two days, and enhanced its proof of reserves verification to ensure full collateralization of user funds. Bybit NewsBTC
Ripple XRP RLUSD: Could Growth Of New XRP Stablecoin Skyrocket XRP Price to $20?
Ripple’s new RLUSD stablecoin could play a pivotal role in boosting XRP’s value. By facilitating smoother transactions and increasing liquidity within Ripple’s ecosystem, RLUSD has the potential to drive XRP demand, possibly pushing its price toward $20. As this innovation gains traction, XRP may see a significant surge in adoption and value. Meanwhile, Bitcoin’s DeFi ecosystem remains underdeveloped compared to other platforms. That’s where StratoVM could jump in. This innovative Layer-2 solution aims to deliver fast, low-cost DeFi services to Bitcoin without compromising its security, a breakthrough that could capture significant interest. Let’s break it down! Ripple’s RLUSD Stablecoin: A Catalyst for XRP’s Potential Surge Ripple’s recent launch of the RLUSD stablecoin has introduced a significant development in the cryptocurrency landscape. Designed to enhance liquidity and stability within Ripple’s ecosystem, RLUSD is fully backed by U.S. dollar deposits, government bonds, and cash equivalents, ensuring its 1:1 peg to the U.S. dollar. This strategic move aims to bolster Ripple’s position in the competitive stablecoin market, positioning RLUSD as a potential challenger to established players like Tether and PayPal. The introduction of RLUSD is expected to drive increased demand for XRP, as transactions and payments made in the new stablecoin will predominantly settle on the XRP Ledger and the XRP-EVM. With a growing demand for RLUSD, XRP’s price could surge toward $20 as the stablecoin enhances liquidity and adoption. While the RLUSD launch has not yet sparked a significant rally in XRP’s price, it is anticipated to enhance liquidity within the XRP ecosystem, allowing institutions to execute larger trades with reduced slippage. This development could pave the way for future growth and adoption of XRP. In summary, the launch of RLUSD represents a strategic initiative by Ripple to strengthen its ecosystem and potentially drive the price of XRP to new heights. StratoVM: The Layer 2 Solution Transforming Bitcoin’s DeFi Capabilities The Bitcoin ecosystem stands on the verge of a major breakthrough with StratoVM ($SVM) , a cutting-edge Layer 2 solution designed to integrate smart contracts, memecoins, AI capabilities, and comprehensive DeFi applications into the original cryptocurrency network. According to CoinGecko data, StratoVM has experienced phenomenal market performance, with its price soaring an impressive 1214% over just seven days to reach $0.0365. Even in today’s fluctuating market conditions, this extraordinary growth pattern indicates StratoVM’s potential to solve Bitcoin’s persistent scalability issues. The project’s testnet is already showing remarkable traction with over 113,312 registered wallets and more than 56,200 daily transactions. As Bitcoin continues to evolve beyond its traditional role as “digital gold,” StratoVM’s robust and scalable infrastructure could position it as a frontrunner in the BTCFi innovation space. StratoVM’s approach to expanding Bitcoin’s capabilities comes at a critical time. DeFiLlama ‘s data reveals that BTCFi protocols have seen exponential growth, with total value locked skyrocketing from $307 million in January 2024 to $6.6 billion by February 2025. The project’s technological framework is ideally suited to capitalize on this rapidly growing sector. When compared to other Bitcoin Layer 2 solutions like CoreDAO, which currently holds a fully diluted valuation of $990 million, StratoVM’s modest $3 million valuation has potential for appreciation. The approaching mainnet launch represents a pivotal moment, with a successful deployment potentially triggering substantial value recognition. Community engagement surrounding the project continues to grow, with approximately 100,000 followers across X, Telegram, and Discord. Additionally, StratoVM has built a comprehensive ecosystem through strategic partnerships with over 50 collaborators, while its listing on UniSwap has enhanced its market visibility and accessibility. With mainnet launch momentum building, a post-deployment CEX listing appears increasingly probable, potentially providing another catalyst for growth. If StratoVM successfully delivers on its technological promises, it could fundamentally transform how Bitcoin holders interact with decentralized financial services—potentially igniting widespread adoption and strengthening Bitcoin’s position in the evolving DeFi landscape. Final Words Ripple’s RLUSD stablecoin could significantly boost XRP’s value by increasing demand and liquidity within Ripple’s ecosystem, potentially driving its price toward $20. Its integration with the XRP Ledger may also reduce XRP’s circulating supply. On the other hand, StratoVM could transform Bitcoin’s DeFi space. With impressive performance thus far and strong testnet results, this Layer 2 solution could solve Bitcoin’s scalability issues and lead to widespread adoption in decentralized finance. ———- This article is not financial advice. Past results are not indicative of future returns, and the crypto market is inherently unpredictable. Readers must conduct their own thorough research before purchasing any crypto coin or token. These forward-looking statements are subject to risks and may remain unchanged. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here . NewsBTC
