#ActiveUserImpact As of February 21, 2025, Litecoin (LTC) is trading at approximately $127.68 USD.

In 2024, Litecoin experienced a 10% increase in daily active addresses, averaging 401,000 compared to 366,000 in 2023. Notably, in January 2024, active addresses peaked at 1.37 million in a single day, surpassing both Bitcoin and Ethereum during that period. 

This surge in active addresses indicates heightened user engagement and network activity, which often correlates with positive price movements. Analysts suggest that sustained growth in active addresses could pave the way for Litecoin to target price levels between $140 and $150. 

However, fluctuations in active addresses can also signal potential price volatility. For instance, a decline to 193,477 active addresses in November 2023 coincided with a 13% price drop, highlighting the importance of monitoring user activity as a market indicator. 

In summary, the number of active users on the Litecoin network plays a crucial role in influencing its price dynamics. Increased user activity often reflects growing interest and confidence, potentially leading to price appreciation, while declines may signal bearish trends.