Litecoin quietly rebounds, and on-chain activity even surpasses Bitcoin
Bitcoin has basically been moving sideways these past two days, with the price hovering around 79,600 (RMB). Over the last 24 hours, it has barely changed. At the same time, Litecoin charted a different course. Its current price is $57.79, up 6.76%; over the past 24 hours, trading volume reached $30.60 million, and it even made it onto global hot search. Don’t be fooled by the fact that the percentage gain isn’t that dramatic—the truly interesting part is the on-chain data. Reports even point out that the number of active addresses for Litecoin once surpassed both Bitcoin and Ethereum, becoming the most-used chain recently. #LTC
This move isn’t really driven by any major news. It’s more of a taste of capital rotation. On the data side, you can see that in recent days, funds have been continuously withdrawn from Litecoin, buy-side enthusiasm gradually picking up. Combined with the price expanding in volume and holding above $55, old players have pulled out this familiar K-line again.
Zoom out further, and several long-established public chains are also moving. Filecoin is up 10.29% today, with $10.70 million in trading volume; Avalanche is up 5.65%, with $28.30 million in volume. These are chains that have been around for a long time. They aren’t riding new concepts—they’re driven by existing activity. Compared with the coins on the gainers list that jump 20% in a day but show no volume, Litecoin’s curve looks more solid instead. #fil
Here’s a question worth thinking about: when the market is hot, everyone only watches who’s rising the fastest. When things cool down, you find out who actually still has real users. This Litecoin move pairs volume and price reasonably well. Putting $30+ million in trading volume into an old chain isn’t small—but whether it can go far depends on whether the volume can keep up afterward.
A pump can create a K-line, and only when people gather together can you create history. When things are lively, it’s not unusual to see crowds. What’s rare is the group of people who are still willing to stay and keep using it once the hype fades. Those are the ones really doing the work. 🐶 Come take a look at Old Ma’s little dog ✨🚀
#马斯克爱小狗 #我爱小狗 #小狗
Bitcoin has basically been moving sideways these past two days, with the price hovering around 79,600 (RMB). Over the last 24 hours, it has barely changed. At the same time, Litecoin charted a different course. Its current price is $57.79, up 6.76%; over the past 24 hours, trading volume reached $30.60 million, and it even made it onto global hot search. Don’t be fooled by the fact that the percentage gain isn’t that dramatic—the truly interesting part is the on-chain data. Reports even point out that the number of active addresses for Litecoin once surpassed both Bitcoin and Ethereum, becoming the most-used chain recently. #LTC
This move isn’t really driven by any major news. It’s more of a taste of capital rotation. On the data side, you can see that in recent days, funds have been continuously withdrawn from Litecoin, buy-side enthusiasm gradually picking up. Combined with the price expanding in volume and holding above $55, old players have pulled out this familiar K-line again.
Zoom out further, and several long-established public chains are also moving. Filecoin is up 10.29% today, with $10.70 million in trading volume; Avalanche is up 5.65%, with $28.30 million in volume. These are chains that have been around for a long time. They aren’t riding new concepts—they’re driven by existing activity. Compared with the coins on the gainers list that jump 20% in a day but show no volume, Litecoin’s curve looks more solid instead. #fil
Here’s a question worth thinking about: when the market is hot, everyone only watches who’s rising the fastest. When things cool down, you find out who actually still has real users. This Litecoin move pairs volume and price reasonably well. Putting $30+ million in trading volume into an old chain isn’t small—but whether it can go far depends on whether the volume can keep up afterward.
A pump can create a K-line, and only when people gather together can you create history. When things are lively, it’s not unusual to see crowds. What’s rare is the group of people who are still willing to stay and keep using it once the hype fades. Those are the ones really doing the work. 🐶 Come take a look at Old Ma’s little dog ✨🚀
#马斯克爱小狗 #我爱小狗 #小狗
