Litecoin Expands DeFi Accessibility Through Base: Will Price Surge Soon?

Litecoin, one of the oldest and most reliable cryptocurrencies, has proven its resilience over time with strong support from the global user community. Therefore, the latest developments related to Litecoin are attracting special attention from investors and market observers.

Recently, the Litecoin Foundation announced that they have expanded Litecoin (LTC) to the Base network. However, on the Base chain, Litecoin will appear as a wrapped version (cbLTC). According to the announcement, this move not only provides broader accessibility but also marks a significant step in expanding Litecoin’s decentralized finance (DeFi) ecosystem.

Integration into the Base network opens opportunities for Litecoin to participate in activities such as lending and borrowing, highlighting the potential of this cryptocurrency even amid recent market challenges and downward pressures. However, the question remains whether this development will be enough to boost LTC’s value in the coming weeks or months.

Litecoin’s price action remains within a narrow range

At the time of writing, LTC is trading at $54, continuing to stay within the narrow range it has been “trapped” in since early February. Despite the lack of significant price volatility, Litecoin’s Relative Strength Index (RSI) is trending upward. This suggests that some investors are quietly accumulating LTC during this sideways price movement.

Litecoin Price Movement | Source: TradingView Currently, Litecoin’s price is considered to be “deeply discounted” compared to its peak in 2025. Therefore, under normal market conditions, LTC’s recovery potential is viewed more favorably than further deep declines.

Sideways price action also reflects a decrease in selling pressure. However, buyers are still on the sidelines, waiting for clearer signals from the market. This situation is not unique to Litecoin but is common among many cryptocurrencies in the current environment.

Data from CoinGlass supports this view. In February, the net outflow of funds from the spot market decreased significantly compared to previous months, but inflows remained weak, indicating that demand for Litecoin is stagnant.

LTC Fund Flows | Source: Coinglass Additionally, large transactions on order books show that whale activity remains limited. However, a bright spot is that Binance has seen a slight increase in whale demand, while other exchanges have yet to show significant interest in Litecoin.

Address activity drops to lowest level since 2023

One of the key indicators of a cryptocurrency’s health is address activity. The number of active addresses often reflects the community’s interest and enthusiasm for that coin.

According to data from Token Terminal, the number of active Litecoin addresses has now fallen to 4.8 million — the lowest since November 2023. More detailed analysis shows that daily active addresses remain low and lack vibrancy, reflecting a lack of enthusiasm in the coin’s price movements.

Active Litecoin Addresses | Source: Token Terminal However, the gradually rising RSI could indicate that some investors are quietly accumulating LTC, especially as its current price is attractive compared to previous highs.

Litecoin: A “resilient” cryptocurrency under all conditions

Although Litecoin currently lacks excitement from both price action and trading activity, it cannot be denied that it remains one of the most notable cryptocurrencies on the market. With a stable operational history and no major issues over the years, Litecoin has demonstrated durability and resilience against the test of time.

Moreover, with a low market cap and fixed supply, Litecoin becomes an attractive long-term investment choice. However, these positive factors are still not enough to shield it from short-term difficulties, especially as the cryptocurrency market faces numerous pressures.

In the future, if market conditions improve, Litecoin could regain its growth momentum and continue to affirm its position as a long-standing and trusted cryptocurrency.