Activity Started in This Altcoin Before Halving! Interest Increased by 50 Percent!

of the SEC Binance and Coinbasewhich he described as a security in the lawsuits filed against altcoinnot included in LitecoinGetting ready for the halving in August.

With few days left for halving, Litecoin is experiencing network growth ahead of August.

In this context IntoTheBlockAccording to data shared by LTC The number of daily active addresses and new addresses on the blockchain has increased.

Accordingly, after the recent volatility, the number of active addresses for 7 days increased by 28.7% and the number of new addresses for the day increased by 54.6%.

“Active addresses and new addresses are on the rise again for Litecoin. Daily active addresses saw an increase of 28% for 7 days and new addresses saw an increase of 54.6% for 7 days!”

Active addresses & new addresses are back on the rise for #Litecoin. Daily active addresses saw a 28% 7-day increase & new addresses saw a 54.6% 7-day increase!
Source: https://t.co/POjEVdh92n pic.twitter.com/PCbcGV7mFH

— IntoTheBlock (@intotheblock) June 19, 2023

IntoTheBlock LTC This increase data on the popular on-chain market intelligence platform glassnodeof the total addresses of LTC a few days ago Ethereum (ETH) It came just after it reported that the number of addresses had surpassed 181 million to reach 200.7 million.

Evaluating the increase in the total number of addresses as well as daily active and new addresses in the Litecoin network, experts said that this increase indicates a significant increase in the market’s interest in LTC, one of the most popular altcoins.

LTCAlthough the increase in network activity in the last 7 days may be caused by a number of factors, one of the most important factors is considered to be the halving in August.

Above $100 in the rise experienced after January LitecoinIn the declines since May, it pinned up to $ 65.

LTC continues to trade at $77.13 at the time of writing.

*Not investment advice.