Cryptocurrencies

    Litecoin jumps 5% as 25 million ordinals recorded on-chain

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    Litecoin (CRYPTO:LTC) has seen a 5% increase in price following the recording of a record 25 million Ordinals on its blockchain network.

    This milestone, achieved within two weeks, highlights Litecoin's robust transaction capabilities and growing network activity.

    The surge in Ordinals signifies increased engagement and transaction volume, with Litecoin recently surpassing Ethereum (CRYPTO:ETH) in active addresses.

    Despite recent bullish signals, LTC is trading at $72.34, aiming to breach resistance at $80 amid speculation of a potential rise to $100 in the long term.

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