Litecoin

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 <a href="https://twitter.com/litecoin/status/1680240533405597697" rel="noopener noreferrer nofollow">Litecoin</a>&nbsp;has smashed a historic milestone in its network transactions. The Litecoin network just processed its 170 millionth transaction, an exciting Twitter announcement reads. 
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 The <a href="https://twitter.com/hashtag/Litecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Litecoin</a> network just processed its 170 millionth transaction! Which means Litecoin is accelerating, adding another 10 million in the last 7 weeks. Well over a million transactions a week. <a href="https://twitter.com/hashtag/SaturdayVibes?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SaturdayVibes</a>⚡ <a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$LTC</a> ⚡ <a href="https://t.co/BZaFJNMV8o" rel="noopener noreferrer nofollow">pic.twitter.com/BZaFJNMV8o</a>— Litecoin (@litecoin) <a href="https://twitter.com/litecoin/status/1680240533405597697?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 15, 2023</a> 
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 This reflects accelerating growth for Litecoin, which has added over 10 million transactions over the past seven weeks. This suggests that well over a million transactions occur each week. 
 <a href="https://u.today/xrp-ltc-doge-survived-multiple-cycles-heres-what-to-know" rel="noopener noreferrer nofollow">card</a> 
 This is significant, as Litecoin has never been down in its over 11-year history of continuous uptime. Referred to as the silver to Bitcoin's "Digital Gold," Litecoin touts itself as the only blockchain with over 11 years of continuous uptime. 
 <a href="https://u.today/guides/litecoin-ltc-halving-approaches-what-to-know" rel="noopener noreferrer nofollow">card</a> 
 One of the most eagerly anticipated events of 2023 for all proponents of proof-of-work (PoW) cryptocurrencies is the Litecoin (LTC) <a href="https://u.today/litecoin-halving-countdown-in-next-27-days-ltc-millionaires-increase" rel="noopener noreferrer nofollow">halving</a>. The third halving in the history of Litecoin (LTC) is approaching; the first two occurred in 2015 and 2019. 
 Already, expectations are ramping up ahead of the event, which is about 18 days away, per an announcement from the official <a href="https://twitter.com/litecoin/status/1680300040085180416" rel="noopener noreferrer nofollow">Litecoin Twitter account</a>. 
 On July 12, on-chain analytics firm&nbsp;<a href="https://twitter.com/intotheblock/status/1679077427903971328" rel="noopener noreferrer nofollow">IntoTheBlock</a> reported that search trends for Litecoin have hit a new yearly peak. Citing Media topics, the upcoming halving event is believed to be a key driver for the heightened interest. 
 <a href="https://www.oklink.com/halving" rel="noopener noreferrer nofollow">OKLink</a>'s analytics platform gives a breakdown of the countdown to the halving event. The current countdown at the time of writing is 17 days and 3 hours, with an anticipated date of Aug. 2. There are presently 9,875 blocks left for this event. 
 The halving event, which will reduce <a href="https://u.today/litecoin-ltc-next-price-direction-hinted-at-by-crypto-analyst-details" rel="noopener noreferrer nofollow">Litecoin</a> mining rewards from 6.25 LTC to 3.125 LTC, is seen as a net positive. 
 At the time of writing, LTC was marginally down in the last 24 hours to $94.70. Litecoin, which has a market value of $6.94 billion, is now ranked 12th among all cryptocurrencies.
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Litecoin (LTC) Smashes Historic Milestone Ahead of Halving Event

U_Today

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