LTC’s share of the global payments surged to an ATH of 38.25% in December.
Litecoin’s daily transactions hit their peak in December.
In a major milestone, Litecoin [LTC] became the most used crypto for payments for the second straight month in December, outperforming all major assets, including Bitcoin [BTC].
Litecoin beats Bitcoin again
As tracked by the world’s largest payment processor BitPay, LTC’s share of the global payments surged to 38.25% in December, compared to 34.52% in November. This was also Litecoin’s all-time high (ATH) in terms of market share.
Source: BitPay
It was clear that LTC scooped a big portion of Bitcoin’s market share as the latter’s pie dropped sharply from 30.55% to 23.24%.
In fact, a closer look showed that more people opted to buy goods and services using LTC than BTC and Ethereum [ETH] combined.
Litecoin sees increased network activity
It was worth noting that LTC’s transaction count bumped significantly in December, shattering all pre
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