Can anyone tell me the reason for the growth of Litecoin the jump in its value, also something interesting was that are performing a single transaction in 2.5 mins while bitcoin does in it 10 mins. Is this the actual numbers or are the averages being manipulated ?
Of course it's real numbers. The block time for litecoin is obviously a lot more frequent than bitcoin, but that isn't really something that is causing this current pump. Litecoin's block time has been that way ever since it came out, and people who were investing in litecoin knew fully well that was the case. Plus there are coins that have way smaller block times, such as ETH or even DOGE, with 1 minute or under.
The real reason here is just media attention with its founder, Charlie Lee.
People have just been talking about LTC a lot recently and people are jumping on this bandwagon train, essentially.