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There are many voices criticizing LTC — the price is stuck around $83, while BTC has soared to near $92K. But what do on-chain data say? It's a completely different story.
24-hour trading volume reaches $403M, with an average of 185K transactions per day, and 273K active addresses. The most astonishing is that the daily transfer amount exceeds $18B, which translates to 216 million LTC in circulation. This stark contrast between the price performance and on-chain activity warrants a re-evaluation by investors. There seems to be a clear valuation mismatch between market pessimism and the actual operational status of the blockchain.