#LitecoinETF Litecoin’s market capitalization surged by 46% from Feb. 2 to 19, showing increased investor interest, reported Santiment on Feb. 21. It added that part of this growth comes from “its strong rise in network utility, which has been processing $9.6 billion in daily transaction volume over the past 7 days.”

Litecoin had around $2.8 billion in daily transaction volume in late August so current levels represent a surge of 243% in five months. Additionally, LTC prices have doubled since early November, outpacing the broader crypto market, which has seen gains of 42% over the same period.