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Litecoin's Significant Large Transaction Volume Surpasses Most Layer 1s | Flash News Detail | Blockchain.News

Litecoin's Significant Large Transaction Volume Surpasses Most Layer 1s

7/12/2024 8:13:32 AM

Litecoin's Significant Large Transaction Volume Surpasses Most Layer 1s

According to @intotheblock, Litecoin processes an average of $2.85 billion in transactions over $100,000 daily, representing over 50% of its market cap. This figure is higher than most Layer 1 blockchains. For comparison, Dogecoin, which has approximately three times Litecoin's market cap, sees $590 million in large transactions. This data suggests a significant level of high-value activity in Litecoin's network. (Source)

Dogecoin Litecoin transactions Layer 1

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