Hashrate is up - CHECK
Price is relatively stable - CHECK
Forum community is growing - CHECK
Halving coming up in the next 10-11 months - CHECK
Still garnering support as an alt coin after over 3 years - CHECK
ASICs been/being developed for scrypt - CHECK
I'd say it is thriving very quietly as price isn't everything.
Hashrate - agree
Price is 90% down from ATH - this far away from stable, get real
Community is growing - but slower compared to others (dark, bitshares, counterparty...)
Halving - did not change anything positive for a coin so far (remember doge halving?)
Long time support - agree
ASICs developed for scrypt - there are many scrypt coins
There are many scrypt coins that can be mined by ASICs but honestly, 50% of scrypt ASICs are going at litecoin while the other 50% are mining others scrypt alts as a hedge. It's all about equilibrium. I was mining noblecoin 8 months ago with my ASIC and converting to litecoin because I could gain 15% litecoin by converting as opposed to mining litecoin straight up.
Staying power is everything. Litecoin is purely a value purchase at this point given the current alt market