Bitcoin
Bitcoin (BTC)
$66,520.00 1.19278
Bitcoin price
Ethereum
Ethereum (ETH)
$3,192.33 -0.16729
Ethereum price
BNB
BNB (BNB)
$604.26 1.14948
BNB price
Solana
Solana (SOL)
$156.53 3.57192
Solana price
XRP
XRP (XRP)
$0.5498300 2.72692
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -2.5025
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 6.71257
Pepe price
Bonk
Bonk (BONK)
$0.0000202 -3.78142
Bonk price
Bitcoin
Bitcoin (BTC)
$66,520.00 1.19278
Bitcoin price
Ethereum
Ethereum (ETH)
$3,192.33 -0.16729
Ethereum price
BNB
BNB (BNB)
$604.26 1.14948
BNB price
Solana
Solana (SOL)
$156.53 3.57192
Solana price
XRP
XRP (XRP)
$0.5498300 2.72692
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -2.5025
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 6.71257
Pepe price
Bonk
Bonk (BONK)
$0.0000202 -3.78142
Bonk price
Bitcoin
Bitcoin (BTC)
$66,520.00 1.19278
Bitcoin price
Ethereum
Ethereum (ETH)
$3,192.33 -0.16729
Ethereum price
BNB
BNB (BNB)
$604.26 1.14948
BNB price
Solana
Solana (SOL)
$156.53 3.57192
Solana price
XRP
XRP (XRP)
$0.5498300 2.72692
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -2.5025
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 6.71257
Pepe price
Bonk
Bonk (BONK)
$0.0000202 -3.78142
Bonk price
Bitcoin
Bitcoin (BTC)
$66,520.00 1.19278
Bitcoin price
Ethereum
Ethereum (ETH)
$3,192.33 -0.16729
Ethereum price
BNB
BNB (BNB)
$604.26 1.14948
BNB price
Solana
Solana (SOL)
$156.53 3.57192
Solana price
XRP
XRP (XRP)
$0.5498300 2.72692
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000266 -2.5025
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 6.71257
Pepe price
Bonk
Bonk (BONK)
$0.0000202 -3.78142
Bonk price
SirWin
SirWin
SirWin

Litecoin is Now the Third Most Valuable Public Blockchain after Bitcoin and Ethereum

News
Litecoin is Now the Third Most Valuable Public Blockchain after Bitcoin and Ethereum

Litecoin is now the third most valuable public blockchain, flipping Ripple (XRP), with a market cap of $10 billion. LTC only trails only Bitcoin and Ethereum with $630 billion and $94 billion, respectively, as per coin trackers on Jan 3.

USDT Perched at Third as Litecoin Flips XRP, PayPal Triggers

Tether (USDT), a stable coin, is the largest privately issued digital currency valued at $20.1 billion as of writing (Jan 3).

With USDT in the equation, LTC is the fourth most valuable blockchain project.

Still, the rise of Litecoin back to the top-5, replacing Ripple (XRP), is impressive.

Over the last week or so, there had been signs that XRP would topple. The spectacular expansion of LTC and Bitcoin Cash (BCH) prices, specifically, can be tied to the announcement by PayPal in late October.

Then, the payments giant said it would support a few crypto projects, including ETH, BTC, LTC, and BCH. In the first phase, PayPal would allow US clients to trade these cryptocurrencies, even using them to settle with their merchants.

Litecoin’s Value Propositions

Following this, BCH and LTC prices surged higher, mirroring BTC, as purely transactional currencies, depending on a broad user base as drivers of price.

Litecoin, position itself as a digital silver, complementing—and not competing with Bitcoin, has since maintained an upward trajectory, blasting past $100, rallying above $120, and analysts project even more gains.

Last month, Charlie Lee, the co-founder of Litecoin, cited several “value propositions” as triggers of the recent LTC/USD surge.

https://twitter.com/SatoshiLite/status/1340864115628130305

Outside of PayPal, he said the network has been highly reliable with high uptime.

Besides, continuous development, notably, including the integration of MimbleWimble—a privacy solution, would spark more demand for LTC.

Despite falling behind in progress, MWEB components have been added in the General User Interface (GUI), according to David Burkett.

SEC Suing XRP

Amid the upsurge of Litecoin, XRP prices continue to plunge.

The United States Securities and Exchange Commission (SEC) says XRP is a security.

In this regard, it is suing Ripple, Brad Garlinghouse, and Chris Larsen for selling unregistered securities. Brad has vowed to fight back.

In the meantime, the SEC shocker caused XRP prices to free-fall, dumping from over $0.75 to spot rates, dragging its market cap to below $9.5 billion.

Coinbase, BTCManager reports, is being sued for helping Ripple sell XRP.

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