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Top 5 cryptocurrencies by network activity to buy in January 2024

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Using cryptocurrencies constitutes a relevant part of their demand and price formation. This use can be measured through different metrics, the network activity or daily addresses activity (DAA) being two. Notably, Finbold explored the crypto dashboard from the Santiment on December 23, spotting five crypto currencies with the highest network activity . In particular, Bitcoin (BTC) leads this rank with 911,120 Daily Active Addresses in a month, honoring its market cap leadership. BTC is the most valuable cryptocurrency, with a $857.17 billion capitalization. Interestingly, the second place by a 30-day DAA is Litecoin (LTC), ranked 18th by market cap. Litecoin has 70% of Bitcoin’s network activity (638,820) while having only 0.62% of its capitalization ($5.34 billion). Crypto dashboard ordered by Daily Active Addresses (DAA, 30d). Source: Santiment Cryptocurrency Alert: Bitcoin on-chain data hints 'whales are taking profits’ Cryptocurrency ...

Coinbase to integrate Bitcoin Lightning network: CEO Brian Armstrong

Lighting Network helps Bitcoin solve its scalability problem and compete against newer cryptocurrency projects that promised comparatively faster and cheaper transactions. Crypto exchange Coinbase has confirmed its decision to integrate layer 2 payment protocol Lightning Network as users seek faster and cheaper Bitcoin (BTC) transactions.  Lighting Network (LN) was created to help solve Bitcoin’s scalability problem and to compete against newer cryptocurrency projects that promised comparatively faster and cheaper transactions.  Up until recently, major crypto exchanges, including Coinbase and Binance, revealed no intent to adopt the layer 2 solution as many community members argued that NL integration offered fewer incentives for exchanges’ income. The team did a great job digging into this, and we've made the decision to integrate Lightning. Bitcoin is the most important asset in crypto and we're excited to do our part to enable faster/cheaper Bitcoin transactions. Will ...