2024

Core

Litecoin

Million

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
<a href="https://u.today/litecoin-ltc-hits-new-milestone-of-125-years-uninterrupted-uptime" rel="noopener noreferrer nofollow">Litecoin (LTC),</a> often&nbsp;referred to as&nbsp;the "silver to Bitcoin's gold," has&nbsp;attained a significant milestone.&nbsp;
As of now, the Litecoin network has <a href="https://x.com/litecoin/status/1791126975110922616" rel="noopener noreferrer nofollow">processed</a> over 245 million transactions since its inception, with a notable 39 million of those transactions occurring in 2024 alone. This&nbsp;achievement underscores Litecoin's enduring relevance and growing adoption within the cryptocurrency ecosystem.
<blockquote>
 The Litecoin Network has now processed more than 245 million transactions to date! 39 Million of those were in 2024. <a href="https://twitter.com/hashtag/Litecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Litecoin</a> is accelerating ⚡️ <a href="https://t.co/yEix8BdP5d" rel="noopener noreferrer nofollow">pic.twitter.com/yEix8BdP5d</a>— Litecoin (@litecoin) <a href="https://twitter.com/litecoin/status/1791126975110922616?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 16, 2024</a>
</blockquote>
Litecoin was created in 2011 by Charlie Lee&nbsp;as a lighter and faster alternative to Bitcoin.&nbsp;It&nbsp;was designed&nbsp;to provide quicker transaction confirmations&nbsp;and lower fees, making it a practical option for&nbsp;everyday transactions and micro-payments.
Over the years, Litecoin has maintained its position as one of the top cryptocurrencies by market capitalization, thanks to its robust network and active development community.
Currently, Litecoin ranks as&nbsp;the 19th largest cryptocurrency,&nbsp;with&nbsp;a market cap of $6.196 million.&nbsp;At&nbsp;the time of writing,&nbsp;LTC was up 1.01% in the last 24 hours to $83.14.&nbsp;
The year&nbsp;2024,&nbsp;has been particularly notable for the Litecoin network, with 39 million transactions processed so far. Several&nbsp;factors may have contributed to this surge in activity,&nbsp;including&nbsp;increased adoption and continuous improvements to the Litecoin protocol.
Litecoin's integration into various payment processors, merchant services and financial platforms has expanded its usability.
Continuous improvements and updates to the Litecoin protocol, such as enhancements in security and transaction speed, have made the network more efficient and attractive to users. In&nbsp;March, Litecoin received the Core 0.21.3 release.&nbsp;
The milestone of processing over 245 million transactions signifies more than just a numerical achievement; it might highlight Litecoin's ongoing relevance in&nbsp;the&nbsp;cryptocurrency&nbsp;space.

Litecoin (LTC) Hits Epic 245 Million Transaction Milestone: Details

U_Today

Other articles published on May 17, 2024

Developers Halt Pink Drainer Operations

Arbitrum DAO Eyes $3 Billion for Big Tech-Style Expansion

3 Trillion SHIB Tokens Transferred: Destination Revealed

Solana Price Poised for Breakout: Testing Key Resistance at $146

US Treasury strategy would tighten virtual asset regulations, increase AI use

Avalanche Ventures into Wine Tokenization

Join our free newsletter for daily crypto updates!