What is Litecoin?
Litecoin (LTC) is a Layer-1 blockchain network currently ranked 26th by market capitalization across all crypto assets we track. As a Layer-1 network, LTC provides settlement, consensus, and computation for a wider ecosystem of applications. The token plays a dual role: paying for transaction fees, and acting as the economic incentive securing the network.
Market position
At the current price of $53.75, Litecoin carries a market capitalization of $4.10B. Daily trading volume across exchanges sits at roughly $239.51M. That works out to a 24-hour turnover of about 5.84% of the float — consistent with healthy market activity for a mid-to-large cap asset.
Price action across timeframes
Over the past 24 hours, Litecoin has moved -0.82%; over the past week, Litecoin has moved -5.87%; over the past 30 days, Litecoin has moved -3.33%; over the past year, Litecoin has moved -44.68%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.
Cycle position
Litecoin is currently trading far below its all-time high (all-time high of $412.70, -87.0% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $40.34, current pricing represents a +33% recovery.
Supply & dilution
The circulating supply stands at 77,193,331 LTC. About 91.9% of the maximum supply is now in circulation; remaining issuance is gradual but should be factored into long-term valuation.
Volatility profile
Recent price action puts Litecoin in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals -3.33%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Litecoin
A balanced read on LTC typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is LTC performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Litecoin (LTC) is a peer-to-peer cryptocurrency designed for fast and low-cost transactions, often referred to as the "silver to Bitcoin's gold." It was created in 2011 by Charlie Lee to improve upon Bitcoin's technology with faster block generation times. Source: CoinPaprika.com