Litecoin whale wallets rise 7% as LitVM Layer-2 rollup renews interest in the network

Litecoin has seen a 7% increase in whale and shark wallets over five months, driven by the launch of LitVM, its first EVM-compatible ZK Layer-2 rollup. LitVM introduces smart contracts and DeFi features to Litecoin, backed by the Litecoin Foundation and supported by a community-focused token model. While the LiteForge testnet is live and development is underway, the project's success depends on a smooth transition to mainnet, fair token distribution, and active cross-chain use. This renewed interest marks a potential turning point for Litecoin's relevance in the evolving blockchain space.