Litecoin's 2.6-year HODL time ranks second after Bitcoin, surpasses Ethereum

bitcoin continues to lead in terms of longest average holding period. However, one crypto asset has outperformed major assets like ethereum in this metric, highlighting its sustained appeal among long-term investors.

According to the latest data collected by IntoTheBlock, bitcoin leads with an “average HODL time” of 4.4 years. This aligns with its popular perception as a long-term store of value or “digital gold.”

Even though the world's largest crypto asset failed to regain a crucial level and reach a new all-time high, both institutional and retail interest has skyrocketed, although the latter has been slower.

Interestingly, close to “digital gold” is Litecoin, often referred to as the “silver to bitcoin gold.” With an average holding time of 2.6 years, Litecoin investors have one of the highest holding times among digital assets, second only to bitcoin.

Another particularly fascinating observation is that ethereum (eth), Dogecoin (DOGE), and Shiba Inu (SHIB) share an identical average holding period of 2.4 years despite their very different use cases and market perceptions.

This suggests that meme tokens could be evolving beyond their initial reputation as purely speculative assets. Going down to IntoTheBlock x.com/intotheblock/status/1849383039962341421″ target=”_blank” rel=”noopener” data-wpel-link=”external”>listChainlink (LINK) and Toncoin (TON) are noted to have an average holding period of 1.9 years each, while Tron (TRX) and Cardano (ADA) have 1.2 years each.

Stablecoins Tether (USDT) and Avalanche (AVAX) show the shortest holding periods of 8.9 and 7.7 months, respectively, which makes sense given USDT's primary use as a trading pair and medium of exchange in rather than a long-term investment.

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