Bitcoin Core’s transaction malleability fix and scaling solution Segregated Witness (SegWit) was activated on Litecoin last week. Since then, Litecoin price massively increased at an exponential rate, due to rising interest from investors and traders.
On May 4, Litecoin briefly accounted for 22 percent of total daily cryptocurrency trading volume, hugely distancing itself from Ethereum. At the time or reporting, Litecoin still remains as the second most traded cryptocurrency in the market, at 15.31 percent of the global cryptocurrency exchange volume.