⚠️LTC Important Update⚠️

The Litecoin (LTC) blockchain has witnessed a surge in network activity this month, with the number of unique addresses interacting with the network more than doubling from 345,000 in May to over 700,000.

According to data from on-chain analytics firm Santiment this key metric, comes as the network’s Relative Strength Index (RSI) enters its best “Opportunity Zone” region since September. 

Litecoin has averaged ~704K unique addresses interacting on the network over the past week after averaging ~345K addresses throughout May. The network more than doubling in active addresses, along with its RSI well into an opportunity zone, may be foreshadowing an $LTC bounce.