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Litecoin jumps 8% as $1B moves on network, hitting 8-month highs

Protocol Fundamentals
24 Sep 2026
Crypto Briefing
View Source
Bullish
Litecoin jumps 8% as $1B moves on network, hitting 8-month highs

Litecoin's price surged about 8% in 24 hours, reaching near $69, driven by a spike in network activity where over 17 million LTC, worth around $1 billion, moved in a single day. This surge in volume and trading interest pushed spot trading volume to nearly $948 million and futures open interest above $500 million, signaling strong trader momentum. Key technical levels to watch are $64 support and a potential upside target of $71. Developments like the LitVM Layer-2 smart contract solution and growing institutional interest in crypto ETFs could further boost Litecoin's utility and market appeal.

Litecoin's price on Pluang is Rp1.187.184 as of Sep 24, 2026 18:53 WIB, marking a 7.38% gain in 24 hours, closely aligning with the article's reported 8% surge. Despite this strong price move, typical hold time on Pluang remains relatively long at 78 days, while sell orders dominate at 94%, indicating cautious profit-taking. The 24-hour trading volume on Pluang is Rp18,94 trillion, reflecting robust market activity consistent with the article's note of nearly $948 million in spot volume.

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