Your day-ahead look for June 24, 2026
By Omkar Godbole|Edited by Sheldon Reback Jun 24, 2026, 11:36 a.m. 3 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on Litecoin may surprise investors with its reward halving set for next year. ((Pixabay)This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Investors should monitor LTC$42.17 closely in the upcoming weeks and months. As one of the original altcoins, LTC could experience a surge in price, possibly exceeding the performance of the overall market, including bitcoin BTC$62,812.86.
Here’s the reasoning behind this outlook.
Litecoin's fourth reward halving is anticipated around July 27, 2027, when the block reward will decrease by 50% to 3.125 LTC. Historically, Litecoin tends to reach its lowest price between six and twelve months prior to such events.
Historical data supports this claim.
LTC hit its lowest point in late June 2022, around $40, just over a year before the third halving on August 2, 2023. During this period, it surged to a peak of $114 by July 2023, before retracting to $80 leading up to the halving. Interestingly, in November 2022, amid the collapse of the FTX exchange which impacted the entire market, Litecoin actually gained more than 40%.
A similar trend was observed before the first two halvings. In each instance, LTC reached a low several months prior, then rallied before slightly declining as the halving approached. (Refer to the Daily Signal)
If this pattern continues, Litecoin could be nearing a bottom soon.
The token is also making headlines due to its DeFi initiatives. Since launching a testnet in April, LitVM, Litecoin's first EVM-compatible virtual machine, has recorded over 63 million transactions. In just the past two weeks, more than 1.5 million new wallets have been established, bringing the total to over 4.4 million wallets.