Healthy performance of Litecoin (LTC)

From the start of the year, looking at the price movements of major altcoins and Bitcoin, Litecoin (LTC) is performing well.

Against the US dollar, it has risen about 90% over roughly 110 days since the start of the year.

Behind this, there are reports that the number of merchants using LTC as a fast-payment currency has surpassed 4,000, suggesting expectations for its future adoption.

While other coins remain stagnant, LTC has shown momentum since February 8 of this year, and the upward trend is likely to continue for a while.