Litecoin's recent surge in active addresses sparks user excitement, but miners face declining fees ahead of the halving event.
Upon examining the chart, it became evident that LTC miners witnessed two spikes in fees on 10 and 15 May, surpassing 20 LTCs.However, there has been a subsequent decline in fees following those spikes. As of this writing, the fee hovered around 11 LTC, one of the lowest points observed on the chart.
With the halving event on the horizon, this metric will likely experience a further decline.Litecoin’s price trend has displayed positive and negative movements, as observed on the daily timeframe chart. From 1 to 3 June,However, it recently shifted back into a downtrend, marking the second consecutive day of decline at the time of writing.
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