Litecoin Hits 3-Year High as Prices Surge Across Altcoin Markets

[Shahinaz]

Alternative cryptocurrencies such as litecoin, Cardano and Chainlink are flying high Wednesday, as bitcoin takes a bull breather.

Litecoin traded at $195 earlier on Wednesday, its highest level since March 2018, according to CoinDesk 20 data. At the lower press-time price of $180, the cryptocurrency is up 8.3% on a 24-hour basis.

Litecoin’s network activity has picked up alongside the 25% price gain seen this week alone. The number of active addresses has risen to 231,973 – the most since June 5, 2020, according to data source Glassnode. Meanwhile, the number of new addresses has increased to a 22-month high of 101,862.

source: https://www.coindesk.com/litecoin-hits-3-year-high-as-prices-surge-across-altcoin-markets