Litecoin token has its moment as network activity booms
Source: CoinDesk ·
From the source
Your day-ahead look for Sept. 24, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here , if you haven't already. Litecoin LTC $66.55 , the cryptocurrency considered silver to bitcoin's gold, and one that's often missing from day-to-day crypto discussions, has bucked the broader market weakness over the past 24 hours. LTC currently ranked 24th largest by market cap, has gained nearly 8% to $66 in 24 hours, the highest since January. Prices are up 37% this month, the best performance since November 2024, according to CoinDesk. Bitcoin BTC $83,502.93 , meanwhile, has dropped 3% in 24 hours and is only up 6% for the month. ETH, XRP, SOL and other top 10 coins show a similar performance profile, lagging well behind LTC. The exact reason for LTC's outperformance is unclear as of now. The Litecoin Foundation attributed it to increased economic activity on the network. "Yesterday over $1 Billion of value, over 17M Litecoin, moved across the Litecoin network in 24 hours.…