Litecoin has witnessed increased network activity recently, with its active addresses soaring to all-time highs.
According to a tweet from blockchain data analysis platform IntoTheBlock, the number of active addresses on the Litecoin network surpassed 1.4 million on December 8, 2023.
The number of active Litecoin addresses is spiking strongly, hitting a new all-time high of over 1.4 million addresses on December 8th! https://t.co/POjEVdh92n pic.twitter.com/HgiJ9cCDdq
— IntoTheBlock (@intotheblock) December 11, 2023
Litecoin Sees Increased Network Activity
The latest spike in LItecoin’s active addresses comes less than a month after they hit a six-month high. CryptoPotato reported in mid-November that active addresses on the network surged to 979,550, breaking the previous record of 719,300 in May.
The massive growth in active Litecoin addresses can be attributed to the LTC-20 token standard, built on top of the Litecoin Ordinals Protocols. It is a branch of Bitcoin’s BRC-20 stan
We współpracy z: https://cryptopotato.com/active-addresses-on-litecoin-hit-new-all-time-high-4-months-after-ltc-halving-report/
