Litecoin Price Has Soared: Here’s an On-Chain Analysis

Litecoin (LTC/USD) has been the best-performing big-cap coins in the past few months. After falling to a low of $40.60 on July 12, Litecoin has been in a slow upward trend. It has risen by over 125% from the lowest point in 2022. It is also hovering near its highest point since May 2022. This means that it has outperformed Ethereum and Bitcoin prices by far. Here are some of the top charts that explain the strong LTC comeback.

Litecoin hashrate has been rising

Hash rate is an important metric…


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