Litecoin Surges to $70.52, Outperforming Bitcoin and Ethereum

Litecoin has reached $70.52 this Thursday, marking a 5.2 percent daily gain and outperforming both Bitcoin and Ethereum.

This strong move is not an isolated event, as Litecoin's price has risen by 41.8 percent over the past 30 days, with the highest daily level reaching $72.55 on September 27.

The network behind this growth is running smoothly, with 569 blocks found in 24 hours and a computing power of around 2.5 petahash per second.

A public analysis by the editorial team shows that the network's high throughput is handled without backlogs or rising fees, with an average fee on transactions being less than half a US cent.