On-chain data shows that Litecoin (LTC) transaction volume has more than doubled in the last year, which could be a positive sign for the network. Jay Milla, CEO of the Litecoin Foundation, announced that transaction volume increased from 196.55 million Litecoins last year to 412.37 million units. This increase is a sign of growing investor interest in using the network. Litecoin has performed well in terms of performance due to its fast and cheap transactions.
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