Litecoin hashrate rises 30%

Litecoin (CRYPTO:LTC) has seen a significant surge in its hashrate, increasing by 30% since the start of 2025, which signals heightened network security and miner participation.

This growth comes amid a backdrop of declining inflation rates and increasing scarcity, positioning LTC as a potential long-term investment opportunity.

Despite the hashrate increase, Litecoin has struggled to gain upward momentum in its price.

The recent rise in hashrate reflects strong interest from miners, yet it has also intensified competition, leading to decreased profitability for mining operations.

For instance, the profitability of Bitmain’s Antminer L8 has dropped by $10 over the past week due to the influx of miners into the network.

A community member noted on social media that the Litecoin network's hashrate is up significantly since early January, indicating robust mining activity.

In addition to the increased hashrate, Litecoin's total active addresses have grown from 7.9 million to 8.11 million in three months, demonstrating rising adoption and investor confidence.

Long-term investors find LTC more attractive due to its increasing scarcity, as evidenced by the drop in its annual inflation rate from 2.21% to just 0.6%.

Current on-chain metrics suggest that LTC is in an accumulation phase, with a Market Value to Realised Value (MVRV) ratio of 0.47 indicating that it is undervalued.

Historically, such conditions have been viewed as favorable buying opportunities for investors.

At the time of reporting, the Litecoin (LTC) price was $113.74.