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Bitcoin
Bitcoin (BTC)
$104,676.00 0.18787
Bitcoin price
Ethereum
Ethereum (ETH)
$2,510.73 -1.21317
Ethereum price
BNB
BNB (BNB)
$652.69 -0.84211
BNB price
Solana
Solana (SOL)
$153.47 -1.47357
Solana price
XRP
XRP (XRP)
$2.15 -0.95839
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000129 2.19287
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 0.31247
Pepe price
Bonk
Bonk (BONK)
$0.0000165 -0.77518
Bonk price
dogwifhat
dogwifhat (WIF)
$0.844068 0.44413
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Popcat
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$0.365514 -1.14253
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Bitcoin
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$104,676.00 0.18787
Bitcoin price
Ethereum
Ethereum (ETH)
$2,510.73 -1.21317
Ethereum price
BNB
BNB (BNB)
$652.69 -0.84211
BNB price
Solana
Solana (SOL)
$153.47 -1.47357
Solana price
XRP
XRP (XRP)
$2.15 -0.95839
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000129 2.19287
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 0.31247
Pepe price
Bonk
Bonk (BONK)
$0.0000165 -0.77518
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dogwifhat
dogwifhat (WIF)
$0.844068 0.44413
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Popcat
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$0.365514 -1.14253
Popcat price
Bitcoin
Bitcoin (BTC)
$104,676.00 0.18787
Bitcoin price
Ethereum
Ethereum (ETH)
$2,510.73 -1.21317
Ethereum price
BNB
BNB (BNB)
$652.69 -0.84211
BNB price
Solana
Solana (SOL)
$153.47 -1.47357
Solana price
XRP
XRP (XRP)
$2.15 -0.95839
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000129 2.19287
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 0.31247
Pepe price
Bonk
Bonk (BONK)
$0.0000165 -0.77518
Bonk price
dogwifhat
dogwifhat (WIF)
$0.844068 0.44413
dogwifhat price
Popcat
Popcat (POPCAT)
$0.365514 -1.14253
Popcat price

Litecoin rallies ahead of Lightning network integration

Yana Khlebnikova
Edited by
Markets
Litecoin rallies ahead of Lightning network integration

Litecoin is experiencing a 7% price rise today, paring off some of the losses it saw in the previous week. 

The price of litecoin (LTC) is witnessing an impressive price jump today. This comes as the crypto space is seeing an apparent turnaround today. Bitcoin (BTC) and most other cryptocurrencies are rising in value.

Trading at $86.98 as of press time, LTC had surged by 7.4% within a day of trading. Its trading volume surged by a notable 129%, according to CoinMarketCap data

Despite the rise, litecoin’s volatility levels are increasing as the Bollinger bands, used in estimating volatility levels, diverge. The relative strength index indicator also moves above its average line, clearly indicating a bullish trend on the network.

Litecoin rallies ahead of Lightning network integration - 1
LTC 24-hour chart | source: TradingView

The MACD indicator also signals a bullish trend on LTC as it moves above its average line.

LTC integrates Lightning Network

This surge can be attributed to a recent development that has seen the integration of the Lightning network. Transactions may now be completed faster and cheaper with the aid of the Lightning Network, a Layer 2 protocol primarily based on the bitcoiblockchain. 

Since its incorporation into the bitcoin protocol, it has functioned as expected. With the most recent transaction on the Lightning Network, the solution’s adaptability has been further enhanced, which is to the advantage of all users of litecoin.