Litecoin has experienced a significant price surge of 17% despite ongoing market selling pressure. This notable jump in value hasn’t been accompanied by statements from key influencers, fueling uncertainty about the sustainability of this recent rebound. The cryptocurrency’s performance, particularly against Bitcoin and Ethereum, is drawing attention due to its unexpected strength amidst a lack of substantial backing or direction from leaders in the space. While on-chain indicators reveal increased activity within Litecoin’s ecosystem, including DeFi activity and wallet accumulation, these factors haven’t translated into broader changes within the crypto landscape.