
Litecoin’s $9.6B daily transaction volume signals growing utility as ETF approval odds hit 90%, fueling investor optimism.
Litecoin’s $9.6B daily transaction volume signals growing utility as ETF approval odds hit 90%, fueling investor optimism.
Polymarket bettors place 86% odds on the SEC approving Litecoin ETF this year.
The silver to Bitcoin’s gold has decoupled from the rest of the altcoins with a big pump today.
Investors showed confidence in Ethereum, pushing $51 million in inflows, as Solana faced $8.7 million in outflows during the same period.
Litecoin’s surge in activity peaked at 1.37 million addresses in January 2024 indicating strong user growth and network traction.
Litecoin’s daily usage metrics have surpassed several other prominent networks.
Here’s which is the next cryptocurrency poised for massive gains, according to Santiment.
The increased activity comes amidst Canary Capital’s filing for a Litecoin ETF that aims to offer institutional and retail investors with direct exposure to the altcoin.
The exodus of small-scale Litecoin holders may signal a bullish turnaround.
Litecoin’s daily large transactions reach $2.85 billion, leaving Dogecoin, the OG meme coin, far behind.
Promising Litecoin network interactions and favorable RSI reading could point to a rebound in price.
Litecoin appears to be bucking the trend amidst turmoil in the broader crypto market.
The latest spike in LItecoin’s active addresses comes less than a month after they hit a six-month high.
Litecoin edged past Bitcoin in transactions this week soaring above a million for the first time in its history.
Five million addresses have held Litecoin for over 12 months.
Litecoin’s halving took place when the network reached transaction block 2,520,000.
The HODLing attitude from investors can be attributed to the expectation of positive price action upon completion of the halving event.
PoW-based digital assets have been on a roll lately, with gains of up to triple digits at one point.