Litecoin’s surge has reignited investor interest following the SEC’s acknowledgement of Canary Capital’s 19b-4 Litecoin ETF filing. This early recognition places Litecoin ahead of other pending altcoin ETFs for Solana and XRP, sparking optimism that LTC might become the next asset to grab mainstream attention. 

Meanwhile, analysts highlight two other standouts this February: Sui, a newly rebranded chain, and Remittix(RTX), a PayFi altcoin bridging daily financial needs. Below is a closer look at what’s fueling Litecoin’s renewed hype and why some believe Sui and Remittix(RTX) might also be top movers.

Litecoin’s Early ETF Acknowledgment: A Big Win Over Solana & XRP

Litecoin, originally forked from the Bitcoin blockchain, just saw a 17% price jump after the SEC recognized Canary Capital’s application to launch a Litecoin ETF. Observers say this puts it ahead of Solana and XRP, which also have filings in the works but haven’t received the same nod yet. If the ETF gets approval, it could usher in a wave of mainstream capital, potentially returning LTC to price levels unseen since 2021. Bloomberg ETF analyst Eric Balchunasremarked that this filing is already checking most boxes, feeding rumors of a relatively smooth path toward final approval.

Critics note that parallels between Litecoin and Bitcoin might make regulators more comfortable green-lighting an LTC-focused product. Many also expect the current SEC administration to be friendlier to crypto, given acting Chair Mark Uyeda’s stance on digital assets. Should the ETF pass, it may also further normalize crypto within traditional finance circles. That official confidence can ripple outward, boosting liquidity and consumer adoption across the sector. Although Solana and XRP remain strong contenders in their own right, the race for altcoin ETFs appears to favor LTC at the moment.

Sui and Remittix (RTX): Two Other Altcoins Grabbing Headlines

Amid the ETF talk, analysts are also singling out Sui and Remittix(RTX) as potential top performers in February. Sui, fresh from a rebrand, wants to boost transaction speeds and scale for dApps, making it attractive to developers who are chasing fast networks. However, the more consumer-facing star might be Remittix (RTX), a PayFi solution bridging FIAT and crypto for cross-border payments. 

Imagine a traveling event organizer in Latin America, frequently wiring funds to overseas partners. Conve

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Author: Crypto Daily