HomeBlockchain NewsLitecoin Leads PoW Activity With 56% of Daily Active Addresses

Litecoin Leads PoW Activity With 56% of Daily Active Addresses

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Litecoin accounted for the majority of daily active addresses among major proof-of-work peer-to-peer cryptocurrencies, representing 56% of total activity over a 24-hour period ending February 22, 2026, at 10 p.m. EST.

According to the shared data, total active addresses across the tracked PoW networks reached 423,766, with Litecoin recording 237,064 active addresses.

Breakdown of Active Address Distribution

The distribution across major networks was as follows:

  • Litecoin (LTC): 237,064 addresses (56%)
  • Bitcoin (BTC): 87,466 addresses (21%)
  • Dogecoin (DOGE): 49,388 addresses (12%)
  • Dash (DASH): 31,601 addresses (7%)
  • Bitcoin Cash (BCH): 18,257 addresses (4%)

The data indicates that Litecoin generated more than half of total active address activity among the listed PoW assets during the measured period.

What Active Addresses Indicate

Active address metrics track the number of unique addresses that participated in transactions within a given timeframe. While not a direct measure of transaction volume or value transferred, the metric offers insight into relative network usage and participation.

A higher share of active addresses suggests elevated transactional engagement compared to peer networks during the same period.

Relative Positioning Among PoW Networks

Bitcoin ranked second with 21% of total active addresses, followed by Dogecoin at 12%. Dash and Bitcoin Cash accounted for smaller portions of overall activity.

The snapshot reflects short-term network participation rather than long-term adoption trends, but it highlights Litecoin’s relative strength in peer-to-peer activity during the measured 24-hour window.

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Syofri
Syofri
Syofri is an active forex and crypto trader who has been diligently writing the latest news related to the digital asset sector for the past six years. He enjoys maintaining a balance between investing, playing music, and observing how the world evolves. Business Email: [email protected] Phone: +49 160 92211628
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