#ActiveUserImpact As of February 21, 2025, Litecoin (LTC) is trading at $134.45, reflecting a 4.55% increase from the previous close.

In 2024, Litecoin's daily active addresses averaged 401,000, up from 366,000 in 2023, indicating a 10% increase in user engagement. Notably, in January 2024, the network recorded 1.37 million active addresses in a single day, surpassing activity levels of both Bitcoin and Ethereum during that period.

This surge in active addresses suggests growing adoption and utility of the Litecoin network. Increased user activity often correlates with heightened demand, potentially influencing price appreciation. However, while on-chain activity provides insights into network health, other factors such as market sentiment, macroeconomic conditions, and regulatory developments also play significant roles in determining price movements.

Investors should consider these multifaceted elements when evaluating the impact of active user metrics on Litecoin's price dynamics.