Bearish sentiment continues to cloud the broader crypto market, and Litecoin appears to have taken a notable hit, forcing its price to retest key support levels. However, the waning price performance has failed to hinder Litecoin’s blockchain development, which is demonstrating a bullish trend.
A Shift In Litecoin’s Blockchain Maturity
Even though its price has fallen sharply in the past few days, the Litecoin blockchain is persistently proving its resilience. Joao Wedson, a verified author and Chief Executive Officer (CEO) of Alphractal, has shared a recent analysis that shows that the LTC market is gearing up for a major shift.
According to the on-chain expert, Litecoin is about to shine as on-chain data reveals a steady rise in blockchain maturity. This surge in mat