#ActiveUserImpact
As of February 22, 2025, Litecoin (LTC) is trading at approximately $128.46, reflecting a decrease of $8.34 (or 6.10%) from the previous close.
Recent data indicates a notable increase in Litecoin's network activity. In 2024, the average daily active addresses reached 401,000, up from 366,000 in 2023. This surge suggests heightened user engagement and interest in the Litecoin network.
However, the relationship between active addresses and price movement is complex. While increased activity can signal growing adoption, it doesn't always correlate directly with price appreciation. For instance, in early 2024, despite active addresses surpassing those of Bitcoin and Ethereum, Litecoin's price remained relatively stagnant.