I don't know why LTC doesn't gain wider adoption. In my opinion, it has lower fees, faster transactions, whenever I trade, I try to convert to LTC, in most exchanges it has the lowest withdrawal fee. It is almost reaching the maximum of 3 years ago and if it continues like this it will exceed the price. It's a great cryptocurrency to keep for the long term...
That's exactly what's my concern. Cryptocurrency market is passing a bull season, but litecoin gain so less comparing many other top altcoins. SO true, Litecoin got less attention but It's not doing too bad though. If things continue to stay bullish hopefully we will see LTC do very well.
as you said, near the 3 years ago ATH, BUT against btc near the all time low...
if bubble burst and we are near, we can see that since 8 month lot of coins are making new ATH every days. And all this coins are DEFI coin or coins that have a use case.
the demand VS btc show that ppl who own BTC are not interested anymore. Maybe we will see a spike in BTC pair, but probably like 3 years ago this will occure 2 month after BTC ATH as a dead cat bounce...
Maybe ltc is UP VS USDT but how many BTC missed investing in ltc in this bull run...
As BTC reach higher high, i dont see ppl risking their btc$ into a coin that will loose his value as btc start to drop.
All this confirn that LTC, since 2013 is in a bear market with a USD price pumped only by the BTC king, but the demand is no more here