Data: Yesterday, the number of active Litecoin addresses exceeded 700,000, and the number of new addresses exceeded 600,000

ChainCatcher news, according to Tokenview data, the number of active Litecoin addresses yesterday was 700,800, an increase of 31.75% compared to the previous day. The number of new addresses yesterday was 609,500, an increase of 48.91% compared to the previous day.

Previously, possibly influenced by the frenzy of meme coins, users began to seek alternatives to the high fees on the Bitcoin network. The number of active addresses for Litecoin reached 832,200 on May 10, setting a new historical high. (Source link)