Litecoin Total Addresses Surpass Those of Ethereum After $LTC's 25% Rally Year-to-Date

Litecoin ($LTC), a cryptocurrency that's often referred to as the silver to Bitcoin's gold, has been seeing its adoption explode, to the point that the total number of addresses on the network has now surpassed the total number of addresses on Ethereum ($ETH).

Timeline of Ethereum, Litecoin

While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature. Lido's team is seeking community feedback on the proposal that would allow withdrawals after the Shanghai upgrade is completed. Lido Dominates Defi Economy With $7.

Litecoin [LTC] was one of the top trending coins between 17 – 24 January, and for good reason. It has outperformed many top coins in the last few months, including Bitcoin [BTC] on key metrics, but what does this mean for its future?

Ethereum price analysis is dictating a sudden decrease in price after an already rising bearish trend. The bearish momentum that is increasing is likely to be seen in the near future, as the bulls remain sluggish at this point.

After what has been two weeks of an incredible rally for the price of Ethereum, the digital asset seems to be running out of steam. ETH's price has now declined once more below $1,600 after a sharp downturn on Tuesday.

Key Points: The Lido team put up ideas for how the protocol should handle ether withdrawals when Ethereum's forthcoming Shanghai upgrade has been turned on. The Lido team put forward its designs to the Lido DAO, the project's form of governance, via a post on the community's forum.

Bitcoin (CRYPTO: BTC) traded lower this morning, but the cryptocurrency prices remained above the key $22,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, falling below the key $1,600 mark on Wednesday.

Shiba Inu has once again been flipped by Litecoin in terms of market cap as the meme coin has recorded losses of 6% in the past 24 hours. Shiba Inu Is Down More Than 6% Today The year 2023 so far has overall been a pleasant time for SHIB holders as the coin is up around 40% year-to-date.

Despite having pulled back now more than 7% from its recent highs last week around the $1,680 area, Ether (ETH), the cryptocurrency that powers the Ethereum blockchain, is still up close to 18% in the last two weeks. Ethereum is the most popular and well-known smart-contract-enabled decentralized layer-1 blockchain protocol, with its native Ether cryptocurrency the second most valuable cryptocurrency by market capitalization after the world's first cryptocurrency Bitcoin.

Ethereum Shadow fork Goes Live: Users of the world's second-largest blockchain, Ethereum, are one step closer to accessing the $26 billion worth of ETH. On Monday, developers of Ethereum said they have deployed the first mainnet shadow fork in preparation for the Shanghai upgrade in March.

The number of validators on the Ethereum [ETH] Proof-of-Stake network surpassed 500,000, according to data from Glassnode. This milestone comes ahead of the scheduled upgrade for the Shanghai network, set to take place at the end of the first quarter of 2023.