Litecoin Outperforms Ethereum on Key Metric, Possible Price Surge on the Horizon

According to Glassnode, Litecoin (LTC) has left Ethereum [ETH] behind in a significant metric. Specifically, the total addresses of LTC reached 200.7 million at the time of writing, while this number remained at 181 million for ETH, giving Litecoin the lead with over 20 million extra addresses. Other measurements also revealed that the performance of the blockchain was something to celebrate. For instance, the number of daily active addresses also increased, reflecting a surge in usage. Additionally, the speed of LTC has also increased. The rise in this metric indicated that LTC was being used more frequently for transactions within a particular time frame. Moreover, the daily on-chain transaction volume in profit also increased last week. 09f258ddb28d8c3e9a299a6c753799e7 Despite the increased network activity of the blockchain, the price movement did not follow the same trend, as it increased more than expected last week. According to CoinMarketCap, the price of LTC rose […] The post Litecoin Outperforms Ethereum on Key Metric, Possible Price Surge on the Horizon appeared first on COINTURK NEWS.