Litecoin Surge 15% As Payment Adoption Surges, Solana Whales Buy the Dip Amidst Altseason Calls

The Litecoin price has broken out of a multi-year consolidation pattern with a 15% price surge. The Litecoin price pump comes as Litecoin emerges as the second most-used cryptocurrency for payments, only behind Bitcoin.

Also, crypto experts believe an altseason could start in August, a month that historically marked the beginning of previous altseasons. One altcoin already seeing moves is Solana, with whales already buying the dip. According to experts, the Solana price can soar to a new ATH this quarter.

Litecoin (LTC) Pumps As Payment Adoption Rises

Recent stats in CoinGate reveal that Litecoin has rapidly increased its prominence in the crypto payment industry. The figures indicate that Litecoin is the second most popular cryptocurrency utilized in payments, with a market share of 14.5 percent.

Litecoin is only behind Bitcoin, but has overtaken USDC, USDT, and Tron as one of the most preferred networks for payments. Another notable milestone was recorded by the network in August, when it processed its 340 million transactions since creation, over 12 percent of which were in 2025 alone. That is almost 40 million transactions within seven months.

Following the announcement of these milestones, the price of Litecoin jumped by more than 15% to briefly hit $130 for the first time since February. The pump also ejected the Litecoin price out of a three-year along with a consolidation pattern.

Analysts believe that the Litecoin price pump is just beginning, especially with the odds for the approval of a Litecoin ETF increased to 80%. According to Crypto Dios, the current Litecoin price action is similar to the same setup that formed before its 5x run in 2020. Such rally may be triggered by the Litecoin price breaking through the resistance levels of $133 and $150.

Solana Whales Buy the Dip As SOL Gains Strength

Like the rest of the crypto market, Solana corrected sharply since it crossed $200 in July. The Solana briefly hit a low of $155 and rebounded to $170. Whales have taken advantage of the Solana price drop to add more SOL tokens to their portfolio.

The popular crypto personality, Ted Pillows, reports that a single whale bought over $12 million worth of SOL, which they then staked on Kamino Finance. The rise in whale activity suggests that these big investors believe that the price of Solana will continue its rise.

CryptoJelleNL wrote that $SOL has been on a silent bullish trend, creating higher lows and converting resistance areas into support levels. Based on this analysis, the analyst believes that the Solana price will cross $200 soon and could rally to a new all-time high this quarter. The Crypto Bond sets his target as high as $356.

Altseason To Drive the Price Rally

While Litecoin and Solana make strong individual cases for their respective price pumps, a bigger factor could come into play, the altseason. Mister Crypto just reported that the altseason index has jumped to 51, meaning that the next major altcoin market pump is already starting. Confirmed by other analysts, the altseason could bring major price increases for SOL and LTC.