Ethereum [ETH] rides the bull with an increase of 16.84%; while Litecoin [LTC] climb the ladder with an excursion of 13.27%

The cryptography market is back with the spirit of the new year as the market is again witnessing growth. The third largest coin Ethereum [ETH] has observed a growth of 16.84% in the space of 24 hours. While Litecoin [LTC], who was in the eighth position, climbed a step and placed in seventh place. The currency recorded a growth of 13.27% over the last day.

Source: CoinMarketCap

According to CoinMarketCap, the currency was valued at $ 137.55 with a market capitalization of $ 14 billion. The currency reported a $ 3 billion trade volume of 24 hours with a tiny 0.01% shift in the last hour at the time of printing. The currency recorded steady growth during the week of 24.92%.

As for trading volume, OEX registered a trading volume of $ 170 million with the ETH / BTC pair. The second highest exchange to record a trading volume of $ 145 million was OKEx with ETH / USDT pair. OKEx was followed by Huobi, which posted a trading volume of $ 135 million with the ETH / USDT pair.

Source: CoinMarketCap

According to the one-day plot of Litecoin [LTC], the currency was valued at $ 32.46 with a market capitalization of $ 1.9 billion. The 24-hour trade volume of the currency was $ 479 million, up 5.16% on the week. The currency seems to slip by 0.30% in the hour, at the time of printing.

The maximum volume of currency exchanges was recorded by OKEx. It recorded a trading volume of $ 53 million with the LTC / BTC pair. The second to exchange the highest volume was Bit-Z with $ 47 million with LTC / BTC pair. Bit-Z was followed by OKEx with a trading volume of $ 37 million with LTC / USDT pair.

Ethereum will soon be able to process 1 million transactions per second. The token would have reached the goal with Raiden Network [RDN], a protocol that involves the transfer of token to scale on the Ethereum network, reported Bitcoinexchangeguide. Raiden Network noted in a blog:

"We are pleased to announce that the Raiden Network Red Eyes version is live on Ethereum mainnet! The Red Eyes version is an alpha test version, it is absolutely essential to read this post by carefully including the safety notes before using the software. "

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Namrata is a full-time journalist and is interested in covering everything under the sun, with special attention to the encrypted market.