Litecoin’s Quiet Growth: Average Active Users Jumped 10% In 2024
On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one. Litecoin Average Active Addresses Have Been Notably Higher This Year In a new post on X, the market intelligence platform IntoTheBlock has discussed about the year-on-year growth in the Daily Active Addresses for […]
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The NEAR Protocol blockchain is seeing an increase in in user activity, sparking a great deal of positive vibe for its future. Transaction volumes and active addresses have been up in recent months, pushing the protocol up into the spotlight of the cryptocurrency community. Market observers point to several factors driving this growth, including the protocol’s focus on scalability, low fees, and its ambitious foray into artificial intelligence (AI) integration. Related Reading: $2.4 Billion Worth Of Bitcoin Exit The Network As Bear Market Bites Active Users Flock To NEAR Scalable....
Layer 2 scaling solution Polygon has maintained strong network activity even as the broader cryptocurrency market and its native token, MATIC, experienced a downturn in the second quarter of 2024, according to a new report from market intelligence platform Messari. Polygon Weathers Crypto Market Downturn While MATIC saw a 44.3% drop in its circulating market cap to $5.5 billion over the quarter, placing it as the 20th largest crypto asset (currently at the 26th position), the protocol’s on-chain metrics remained strong. This is in contrast to larger cryptocurrencies such as Bitcoin....
Cardano (ADA), a Proof-of-Stake (PoS) Layer-1 (L1) smart contract network launched in 2017, experienced a largely quiet Q3 2023 in the overall crypto market. However, the network faced challenges with a decline in ADA’s price and revenue. Despite these setbacks, Cardano showcased growth in its treasury balance, stablecoin market cap, and Total Value Locked (TVL) ranking. Furthermore, the network’s infrastructure and connections to other ecosystems have paved the way for future decentralized finance (DeFi) sector developments. Cardano Sees Decrease In Daily Active Addresses And....
Altcoin prices have failed to display a certain growth this week. Will this mean an end to the upward trends and the beginning of downward ones? Which are the key points for a turn to decline? ETH/USD. Ethereum’s price has not formed a turn to growth. The bulls have failed to win the advantage while the price was at a key level. It’s either that, or there was just not enough demand among the buyers. Worth noting is the level of $11.5. It’s the most likely point for a turn to decline with the closest target of $10.3. LTC/USD. Litecoin’s price has undergone an upward trend, but failed to....
Litecoin this week feels quite sure. Having fixed its price higher than 0.08, the exchange rate of LTC:BTC isn't going to fall yet. However, only because of falling Bitcoin prices, Litecoin decreased almost to $3. At the beginning of the week, Litecoin’s price was slightly above where it is now, approximately at $3.15. The local top of $3.300 turned into a deep collapse and after falling on a course to $3, Litecoin’s price did recover a bit. Now, Litecoin’s price sits at about $3.10, and next week it will be at $3 and below. Purchases of Litecoin lower than $3 are of interest, especially....