LTC rises: Litecoin surpasses Bitcoin and Ethereum in network activity
Litecoin (LTC) surpassed Bitcoin (BTC) and Ethereum (ETH) in an important metric that indicates network activity , userbase, and demand. For the first time in early June, Litecoin registered more daily active addresses than the two most valuable cryptocurrencies. Notably, Litecoin saw a 110% surge in its daily active addresses in the last seven days, reaching 728,000. Finbold retrieved this data from Santiment on June 11, with Bitcoin’s 593,000 and Ethereum’s 419,000 daily active addresses. Daily active addresses: LTC BTC ETH. Source: Santiment / Finbold However, Tether U.S. dollar stablecoin (USDT) still vastly dominates the market in terms of daily active address (DAA) count. Moreover, Bitcoin and Ethereum have a larger network activity average in the last 30 days, according to Santiment ‘s screener. Picks for you ...