Altcoin Adoption Trends: Litecoin, Dogecoin Lead the Pack, Chainlink Lags

• Litecoin leads in non-empty wallets with 8.08M, signaling strong investor interest.
• Dogecoin follows with 6.69M wallets, showing significant engagement despite its meme status.
• Litecoin processes $2.85B daily in large transactions, reflecting its appeal to big investors.

Litecoin and Dogecoin lead the pack in terms of user adoption among major altcoins, according to a new 10-year analysis from Santiment. The data reveals these two cryptocurrencies have the highest number of non-empty wallets, indicating a strong and an even growing community of holders.

Below is the 10-year chart of notable altcoins and the amount of non-empty wallets (hodlers) on their respective networks:

Litecoin: 8.08M Wallets
Dogecoin: 6.69M Wallets
XRP Ledger: 5.24M Wallets
Cardano: 4.48M Wallets
Shiba Inu: 1.39M Wallets
Chainlink: 722K Wallets pic.twitter.com/BiF97RBJmz

— Santiment (@santimentfeed) July 24, 2024

The data reveals that Litecoin, often referred to as “Bitcoin’s silver,” currently trading at $73.25 with a price increase of 0.51% in the last 24 hours, holds the highest number of non-empty wallets, totaling approximately 8.08 million. The figure asserts Litecoin’s appea…

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