It has nothing to do with Litecoin. Litecoin's had almost 3 years to do something, but the coin has had nothing added to it, aside from being a bitcoin-copy.
Why does LTC have to "do something"?
It's like saying gold or silver has to "do something".
Neither BTC or LTC will ever be a mainstream currencies...
They are very slow, primitive Gen 1.0 coins...
But are VERY secure digital stores of wealth.
If you had to hide $1,000,000 from your crazy ex-wife...
There are only 2 coins where you would feel safe.
ASICs and merge mining with a slew of other scrypt coins...
Including new scrypt coins designed to merge mine LTC out-of-the-box...
Will create an LTC boom soon enough.
Just on Bitfinex LTC trades 800 BTC/day...
Or you can get 30% annual interest on LTC via swaps...
This is the beginning of serious financial infrastructure for the top coins.
Looks like we got ourselves a big ltc bagholder. What price did ya get stuck at?