# Сопутствующие статьи по теме MWEB

LTC hits multi-month lows, yet Litecoin usage keeps climbing – Explained

Litecoin (LTC) has declined to its lowest price level in over four months, dropping nearly 12% in the past week. Despite the bearish price trend, with LTC trading below key moving averages and showing negative momentum on indicators like RSI and MACD, its real-world usage and institutional adoption continue to grow. SBI VC Trade, a Japanese crypto exchange backed by SBI Holdings, recently added Litecoin to its crypto lending service, allowing users to earn interest by lending LTC. This places Litecoin alongside major cryptocurrencies like Bitcoin and Ethereum in terms of institutional recognition. Additionally, data from CoinGate shows Litecoin was the third most-used cryptocurrency for payments in January, accounting for 17.7% of transactions—a significant increase from December. Only Bitcoin and USD Coin were used more frequently. At the same time, activity on Litecoin’s privacy-focused MWEB layer reached a new high, with a substantial increase in LTC locked via peg-ins over the past month. Despite weak market sentiment, Litecoin’s utility as a payment method and growing adoption in both retail and institutional contexts indicate strong underlying demand.

ambcrypto02/05 02:08