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Litecoin Network Secures 1.23 PH/s Hashrate and 75M Supply Milestone

The hashrate of Litecoin has increased by 2.88% in the past 24 hours, indicating the network's resilience. With a hashrate of 1.23 PH/s and a block height of 2,769,000, Litecoin has a difficulty of 41.65 million and produces blocks every 2 minutes and 26 seconds. The consistent hashrate is crucial for maintaining the security and stability of the network. Additionally, the circulating supply of Litecoin has surpassed 75 million coins out of a capped supply of 84 million, leaving over 9 million coins to be mined. The adoption of Litecoin is also increasing, with MoneyGram allowing US consumers to exchange and hold Litecoin, Bitcoin, and Ethereum through its mobile app. Binance Pool continues to support merged mining for Litecoin, Dogecoin, and Bellscoin. Over the past 30 days, the price of LTC has grown by 5.05% and currently sits at $66.78, resulting in a market cap of over $5 billion.

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