Litecoin has shown remarkable stability, with a significant portion of its total supply being held long-term.
53.9% of all Litecoin ever mined has been held without moving for more than a year, and 85.8% of the total supply has remained untouched for over a month.
Bloomberg analysts have noted that a Litecoin ETF could be approved ahead of other cryptocurrency ETFs, as the SEC has not classified Litecoin as a security, simplifying the approval process.
Litecoin's transactional volume showcases its growing importance and use case within the crypto space, with the potential for institutional interest and regulatory clarity.