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Litecoin Achieves New Heights As Lightning Strikes Twice

From cryptobriefing.com

Litecoin, the sixth-largest cryptocurrency asset by market capitalization, has recently set a new high in mining hashrate – and a new record number of Lightning nodes. The eight-year-old cryptocurrency continues to defy predictions of its demise, with new adaptations like Mimblewimble and the Lightning Network demonstrating its viability against other altcoins. According to data provided by BitInfoCharts, the network peaked at 359.43TH/s on April 8th, eclipsing the previous high reached 11 months ago at 342.88TH/s. Historically, Litecoin’s hashrate has tailed its price action with varying speed. It generally ... (full story)

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  • Category: Fundamental Analysis