Here's something interesting from yesterday's on-chain activity (data snapshot around 7:30 PM MT, Dec 6):



Across five major proof-of-work chains, we're looking at 262,871 total transactions. But the distribution? Pretty telling.

Litecoin absolutely dominated with 192,975 transactions—that's nearly three-quarters of the entire volume (73.5%). Meanwhile, the rest are fighting for scraps: Dogecoin grabbed 23,819 (9.0%), Dash logged 23,219 (8.9%), Bitcoin Cash came in at 18,317 (6.9%), and Zcash barely registered with 4,451 (1.7%).

Put another way: if you combined BCH, DASH, DOGE, and ZEC transactions together, they'd still only reach 36.17% of what Litecoin processed alone in a single day.

The gap in network activity speaks volumes about where actual usage is happening right now.
LTC1.41%
DOGE1.39%
DASH1.57%
BCH1.36%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
DegenMcsleeplessvip
· 12-07 06:40
These numbers for LTC are really outrageous—one coin is taking up the volume of four coins? Feels like the other coins need to reflect on this.
View OriginalReply0
PancakeFlippavip
· 12-07 06:33
Is LTC really this strong? I totally didn't expect it to outperform so many others.
View OriginalReply0
ChainSauceMastervip
· 12-07 06:30
LTC is this strong? It feels like no one usually uses it... Could there be an issue with the data?
View OriginalReply0
BearMarketSurvivorvip
· 12-07 06:27
LTC is this strong? Honestly, I'm a bit surprised... a 73.5% share, and even all the other coins combined can't beat it. The gap in this battleground is huge.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)