A deep analysis of Litecoin (LTC), detailing its inception by Charlie Lee as a complementary digital currency to Bitcoin, often termed "digital silver," optimized for faster and cheaper transactions. It highlights Litecoin's historical role as a testbed for blockchain innovations like SegWit and the Lightning Network, later adopted by Bitcoin, and its recent enhancements such as MimbleWimble Extension Blocks (MWEB) for privacy. The article emphasizes Litecoin's core utility in payments and remittances, evidenced by increasing merchant acceptance and institutional interest, including MEI Pharma's treasury strategy and the high probability of a spot Exchange Traded Fund (ETF) approval. Finally, the analysis points to a bullish market outlook for LTC, supported by surging Open Interest (OI), positive funding rates, and whale accumulation patterns in the derivatives market.
