LTC’s difficulty and hashrate increased, suggesting an increased number of miners. TVL went up while on-chain performance looked bullish. On 13 March, the Litecoin Foundation revealed that Litecoin’s [LTC] mining difficulty had reached a new all-time high. As its difficulty increased, Coinwarz’s chart pointed out that the network’s hashrate also registered an uptick over the
![Litecoin [LTC] shows signs of recovery, can this be the reason](https://images.cryptocompare.com/news/default/ambcrypto.png "Litecoin [LTC] shows signs of recovery, can this be the reason")
