Litecoin Overtakes Ethereum by active addresses and reached another historic peak in this metric, according to Santiment
In keeping with lately shared on-chain information, LTC has surpassed the second-biggest blockchain, Ethereum, by the number of active addresses. Besides, Litecoin’s payment count has reached a new all-time high.
Litecoin flips Ethereum in terms of address activity
Popular analytics vendor Santiment has tweeted that the 15th largest blockchain LTC has exceeded the biggest DeFi and NFT platform token, ETH, by active wallets.
Santiment analysts believe that Ethereum on-chain activity may be below pressure due to the present high fees.
Besides, Santiment tweeted that Litecoin’s payment count that measures the number of LTC-receiving wallets has surged to a new historic peak.
Walmart-Litecoin partnership proves fake
In mid-September, the information was spread concerning the retail large Walmart planning to start accepting the “digital silver,” LTC. That first gave Litecoin a bit enhance; nevertheless, later on, this proved to pretend news.
Litecoin Foundation chief Charlie Lee told the mainstream media that he had fallen for that unconfirmed rumor and retweeted it without realizing it was fake after which eliminated the tweet shortly.
It seems that there are certain expectations in the crypto community as to potential partnerships of prime crypto corporations with enterprise giants from the non-crypto sphere. The rumor about Litecoin and Walmart seems to be one instance of that, and recent rumors of a Cardano and Amazon partnership are swirling as well.
Cardano founder Charles Hoskinson recently tweeted that he doesn’t know of any approaching partnership with the e-commerce behemoth and, thus, can’t confirm that the businesses will be teaming up.
Source: UToday
