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Litecoin Undergoes Block Reward Halving and Boosts Adoption as a Payment Method!

August 2, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Writer: Mustafa Mulla Aug 2, 2023 21:14

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech trade since 2017.

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Litecoin (LTC) has not too long ago undergone a block reward halving, decreasing block rewards to six.25 LTC per block. This occasion is predicted to chop the availability of cryptocurrency, which is predicted to affect value actions. Moreover, the adoption of LTC as a type of cost has elevated, with it surpassing Bitcoin on BitPay and accounting for 35% of whole crypto-related transactions. As of now, LTC is the twelfth largest cryptocurrency, with a market cap of $6.8 billion. 

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Tags: AdoptionBlockBoostshalvingLitecoinMethodPaymentRewardUndergoes
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