Litecoin (LTC) has seen a significant increase in daily active network addresses, according to data from Santiment. However, the rise in transaction volume has only been slight, which is unusual. Santiment suggests that the recent introduction of the LTC-20 token standard is the driving force behind the increase in micro wallets on the network. Although LTC-20 has led to an increase in daily active addresses and transaction counts, it has not yet had a positive effect on the price of LTC. Litecoin remains the 14th biggest cryptocurrency in the world, with a total market cap of $5.88 billion.