Litecoin whales increase holdings despite weak transaction volume, as LitVM sparks smart contract interest.

Litecoin has seen a 7% rise in large-holder wallets over five months, even as transaction volume remains near yearly lows. This accumulation coincides with renewed interest in LitVM, a project aiming to add smart contract functionality to Litecoin via zkLTC. Litecoin's price recovered to around $43 after a 1.28% gain, showing resilience amid weak short-term market activity. The growing whale accumulation and LitVM discussion highlight potential future utility and investor confidence despite current low transaction activity.