Litecoin breaks above $70 as onchain volume tops $1 billion
Litecoin rose more than 16% to above $70, near $75, as onchain transfers passed $1 billion, ETF holdings hit a record and futures open interest neared a yearly high.
Why it matters
Spot ETF holdings at a record and open interest near a 2026 peak mean the move now rests on both spot and leveraged positioning, which Crypto News said leaves the next session to decide between continuation and a sharp pullback. The foundation's volume figure is a single-day payments number rather than a daily high, so it does not by itself establish a change in long-run network use.
Where the sources disagree
Cause of Litecoin's outperformance
$66
CoinDesk
$75
Crypto News (CryptoNews.net)
CoinDesk said the reason is unclear and offered a halving-cycle self-fulfilling prophecy as one possibility, while Crypto News attributed the move to rising network activity, spot volume and ETF demand.
Key facts
Litecoin broke above $70 and surged toward $75, with the latest session gain put at more than 16% and an eight-month high.
16 %Disputed figureReported by Crypto News (CryptoNews.net)
CoinDesk reported on 24 September that LTC had gained nearly 8% to $66 in 24 hours, the highest since January, with prices up 37% for the month.
8 %Disputed figureReported by CoinDesk
Crypto News reported a 13% 24-hour rise to about $70.84, with a 34.7% gain over seven days and 38.6% over a month, and a one-year return still negative at 33.1%.
13 %Reported by Crypto News (CryptoNews.net)
The Litecoin Foundation said over $1 billion of value, more than 17 million LTC, moved across the Litecoin network in 24 hours as adjusted economic volume, and that a comparable day in May totalled $2.51 billion.
1,000,000,000 USDReported by CoinDesk
The Litecoin blockchain processed around 158,500 transactions over 24 hours.
158,500 transactionsReported by Crypto News (CryptoNews.net)
Spot trading volume climbed towards $948 million, roughly three times the level recorded around 18 September.
948,000,000 USDReported by Crypto News (CryptoNews.net)
Litecoin's hashrate was near 2.7 PH/s after rising roughly 4.9% over the preceding 24 hours.
2.7 PH/sReported by Crypto News (CryptoNews.net)
US spot ETF holdings have reached roughly 175,000 LTC, a record, after around 39,000 LTC was added to the Canary Capital LTCC fund, while futures open interest rose to approximately $670 million with about $140 million added in a 48-hour period.
175,000 LTCReported by Crypto News (CryptoNews.net)
What happened
Litecoin broke out of a months-long range to trade above $70 and surge toward $75, according to Crypto News, which put the latest session gain at more than 16% and the move at an eight-month high on the strongest trading volume of 2026. CoinDesk reported earlier on 24 September that LTC had gained nearly 8% to $66 in 24 hours, its best performance since January, with prices up 37% for the month. Crypto News recorded the move differently, with a 13% 24-hour rise to about $70.84, a 34.7% gain over seven days and 38.6% over a month. The Litecoin Foundation said over $1 billion of value, more than 17 million LTC, moved across the network in 24 hours, describing it as adjusted economic volume or payments, and noted that a comparable day in May was $2.51 billion. Crypto News reported around 158,500 transactions in 24 hours, hashrate near 2.7 PH/s after a 4.9% rise, spot volume near $948 million, roughly three times the level around 18 September, and market capitalisation of $5.5 billion. CoinDesk said the reason for the outperformance is unclear and pointed to a self-fulfilling prophecy tied to the reward halving cycle, with the fourth halving due next July set to cut per-block rewards to 3.125 LTC. Crypto News added that US spot ETF holdings have reached roughly 175,000 LTC, a record, after about 39,000 LTC was added to the Canary Capital LTCC fund, and that futures open interest has climbed to approximately $670 million, with around $140 million added in 48 hours.
How the story developed
- First report
First report by CoinDesk
Litecoin token has its moment as network activity booms
- Update
CoinDesk reports LTC up nearly 8% in 24 hours with network activity booming
LTC at $66, best day since January, and the Litecoin Foundation's $1 billion adjusted economic volume figure for 24 hours.
- Update
Crypto News reports $LTC breaking above $70 on $1 billion network activity
Price near $70.84, 158,500 transactions, hashrate near 2.7 PH/s and spot volume near $948 million.
- Update
Weekly Supertrend flips bullish for the first time since March 2025
Crypto News said the weekly Supertrend turned bullish after more than a year bearish, with weekly RSI at 65.4 and $85 the next target.
- Update
US spot ETF holdings hit a record as futures open interest nears a yearly high
Holdings around 175,000 LTC, with roughly 39,000 LTC added to the Canary Capital LTCC fund, and open interest near $670 million after $140 million was added in 48 hours.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 24 Sept 2026, 11:26 UTC: CoinDesk — 1 independent source, 1 reports
- 24 Sept 2026, 20:41 UTC: Crypto News (CryptoNews.net) — 2 independent sources, 2 reports
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| CoinDesk Crypto media | Litecoin token has its moment as network activity booms | Original | |
| Crypto News (CryptoNews.net) Aggregator | Litecoin price jumps 13% as network activity surges: Can LTC reach $75? | Syndicated | |
| Crypto News (CryptoNews.net) Aggregator | Litecoin Breaks Above $70 as Bulls Aim for $85—Can LTC Price Reach $100 This Month? | Syndicated | |
| Crypto News (CryptoNews.net) Aggregator | Litecoin Price Surges Toward $75 as Momentum Builds — Can LTC Break $80? | Syndicated |
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