According to Jay Milla, the director of the Litecoin Foundation, the number of active addresses on the Litecoin (LTC-X) network has surpassed that of Bitcoin Cash (BCH-X), and Dogecoin (DOGE-X). In a recent tweet, Jay mentioned that the growth of wallet activity on the Litecoin network has risen to 450 thousand, outpacing other large-cap cryptocurrencies. 

Cardano’s (ADA-X) active address count stood at 214 thousand, followed by Bitcoin Cash with 101 thousand, and Dogecoin with just 60.89 thousand. The active address is a metric measured in terms of an increase in the network activity on-chain, and based on this, analysts can predict the behavior pattern of the crypto market. 

Recently Litecoin was in the news for a fake press release about Walmart Inc (WMT) accepting cryptocurrency payments from shoppers using Litecoin. Later the company released a statement saying this was false news and one of its employees sent the tweet without verifying. Walmart also confirmed that no such partnership exists with Litecoin.