**Litecoin Introduces .LTC Domains, Enhancing Web3 Identities for Its Community Amid ETF Hopes**
Litecoin has made a significant leap into the Web3 arena with the launch of .LTC domains, offering its community a personalized digital identity and a streamlined platform for crypto transactions. In collaboration with Unstoppable Domains, this initiative allows users to replace lengthy wallet addresses with easy-to-remember .LTC names, simplifying the process of sending and receiving Litecoin. This innovation eliminates the frustration of copying and pasting long wallet addresses, making transactions more user-friendly and personal.
With these new domain names, users can engage more easily within the Litecoin ecosystem. The .LTC domains also function as unique usernames, giving traders, miners, and enthusiasts a distinct identity within the community. Beyond facilitating payments, these domains open doors to a growing array of decentralized applications. Thanks to the “Login with Unstoppable” feature, users can seamlessly access DeFi applications, Web3 games, and various blockchain services. The Litecoin Foundation has ensured that these domains are a one-time purchase, meaning there are no renewal fees, and owners enjoy perpetual ownership. Looking ahead, the foundation is working on integrating .LTC into ICANN’s global system of international domains, which could broaden its utility beyond the blockchain.
**LTC Price Rises 15%, Traders Eye $137 for Breakout**
Following the announcement of .LTC domains, Litecoin’s price jumped 15% within 24 hours, outperforming many other altcoins. Currently trading at $126.20, Litecoin is gaining momentum as it approaches critical resistance levels. Traders are closely monitoring the $137 mark, as a successful breakout could lead to a surge toward $190. Litecoin has shown remarkable resilience in recent weeks, bouncing back more quickly than many other cryptocurrencies from market corrections. Its price action remains bullish, with solid support at the $115 level. If LTC maintains its position above this threshold, ongoing buying pressure could drive further gains.
Traders are already positioning themselves for a potential breakout, with one market participant noting that Litecoin has established a clear uptrend, rallying off key support levels for a remarkable 60% increase. If this trend persists, LTC could reach $140 soon, with additional resistance levels at $155 and $190. Historically, Litecoin has performed well during upward trends, leading to stronger market movements. Experts suggest that if momentum continues, Litecoin could reach $200 within weeks. Surpassing the $190 barrier could trigger further upward momentum, potentially pushing LTC to $220.
**Litecoin ETF Listing on DTCC Sparks Optimism**
In addition to technical factors, the growing interest in a Litecoin exchange-traded fund (ETF) is contributing to its current upward trajectory. The recent listing of a new Litecoin ETF on the Depository Trust & Clearing Corporation (DTCC) has fueled hopes for approval, further energizing the market.
