Litecoin’s Strong HODLing Trend: 20 Percent Supply Frozen for Years
Litecoin continues to demonstrate resilience in the crypto market. Recent on-chain data shows that over 20 percent of Litecoin’s total supply has remained dormant for more than five years. This growing trend of HODLing among long-term holders signifies strong conviction in the asset’s future. Market intelligence platform IntoTheBlock has highlighted this trend, emphasizing the commitment of experienced investors. Such confidence reflects the enduring belief in Litecoin’s utility and potential for growth. As many navigate the complexities of the crypto landscape, Litecoin stands out for investors who prioritize stability. From market shifts to technological innovations, Litecoin’s loyal community remains steadfast, promoting confidence even during turbulent times. As this trend continues, Litecoin could see significant positive momentum in forthcoming market cycles, reinforcing its position in the crypto space.