CandleFocus Litecoin (LTC) Hits Major Milestone at Start of 2025: Details
2025-01-06
Author: Content Editor
The article discusses the significant milestone achieved by Litecoin (LTC) as it surpasses 300 million transactions. The cryptocurrency, launched in 2011, was designed to complement Bitcoin with faster transaction times and lower fees. The milestone highlights Litecoin's adoption and utility as a payment network, solidifying its position for real-world transactions. The year 2024 saw remarkable growth for Litecoin, with record-breaking transaction numbers and an increase in active addresses. The article also mentions the filing of an ETF application and the approval of Litecoin futures by the Commodity Futures Trading Commission. Additionally, Fidelity adopted Litecoin support and custody as part of its institutional offerings. At the time of writing, LTC was trading at $113.51, with a 1.63% increase in the last 24 hours and a 12% gain in the last seven days.
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