An analytical company assessed the prospects of 3 popular cryptoassets

An analytical company assessed the prospects of 3 popular cryptoassets

Analyst firm Santiment noted increased activity on the network for two popular assets, as well as interest from whales in the accumulation of the service token of the Binance platform

According to the company, Litecoin (LTC) there are now more active addresses than Ethereum (ETH). Also, the number of addresses to which Litecoin comes has reached a record level:

“Litecoin has surpassed Ethereum in terms of address activity for the third time this year. In addition, the number of addresses to which Litecoin comes has reached a record level “

It is likely that activity on the Ethereum network is declining due to high transaction fees, but Santiment cannot explain the increase in activity on the Litecoin network:

Official repair site Asic for mining cryptocurrencies in Russia.

“We can assume a decrease in activity in the Ethereum network due to high fees. But what contributes to the growth of activity in the Litecoin network? How LTC Can Bypass The Biggest Asset For DeFi And NFT? Apparently, almost 600,000 people use LTC every day. “

According to the company, the number of large holders is growing Ethereum outside the exchanges, and their number on the exchanges is decreasing:

“OTC Ethereum addresses continue to build up stocks, while stocks continue to fall. The ratio between these two indicators says that it is closely related to the course and its increase is a good sign for bulls. “

Santiment also emphasized that large holders Binance Coin (BNB) increased the reserves of the asset by almost 10%:

“BinanceCoin is in a period of temporary recovery, not least due to the accumulation of assets by major players. Over the past couple of weeks, holders with balances between 10,000 and 100,000 BNB have accumulated 412,000 BNB, adding another 8.7% to their holdings. “

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