Litecoin Breaks Higher as MWEB Adoption Reaches New Milestone
- Litecoin is outperforming Bitcoin as momentum shifts toward selected altcoins.
- MWEB addresses now hold approximately 519,000 LTC, continuing a steep rise in private balances.
- LitVM is developing an EVM-compatible ZK rollup secured by Litecoin, but its mainnet has not yet launched.
- LTC’s 4-hour RSI has crossed 70, leaving the bullish structure intact but increasingly stretched.
Litecoin (LTC) extended its September rally on Sunday, climbing sharply while Bitcoin remained comparatively flat. The move comes as 519,000 LTC is now held in Mimblewimble Extension Block (MWEB) addresses, alongside growing attention around LitVM, the zero-knowledge rollup designed to bring EVM-compatible smart contracts to Litecoin. The combination gives the rally two distinct narratives: increasing use of Litecoin’s privacy layer today and expectations for a broader programmable ecosystem in the future.
519,000 LTC Moves Into Litecoin’s Privacy Layer
The more concrete network development behind Litecoin’s current narrative is coming from MWEB.
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