#OnChainInsights As of February 21, 2025, Litecoin (LTC) is experiencing notable on-chain activity, reflecting increased network utility and investor interest.

Transaction Volume and Active Addresses

Recent data indicates that Litecoin's daily on-chain transaction volume has reached approximately $9.6 billion, a significant increase from $2.8 billion six months prior, marking a 242% improvement. Additionally, the network maintains around 370,000 daily active addresses, surpassing activity levels of other cryptocurrencies like Dogecoin and Cardano.

Whale Accumulation

On-chain metrics reveal substantial accumulation by large holders. Since early February, wallets holding at least 0.1% of Litecoin's circulating supply have collectively added approximately 4.68 million LTC, equivalent to over $500 million. This trend suggests confidence among significant investors, potentially anticipating future price appreciation.

Network Fundamentals

Litecoin continues to offer advantages such as faster block times of 2.5 minutes and lower transaction fees compared to Bitcoin, enhancing its appeal for everyday transactions.

These on-chain insights underscore Litecoin's growing adoption and the positive sentiment within its community.