The Litecoin network recently surpassed 170 million on-chain transactions having gained 10 million in seven weeks.
The Litecoin community is expecting its third halving in early August, which will reduce its block rewards to 6.25 coins.
About two weeks to the third Litecoin (LTC) halving and the miners are scaling their operations to get hold of the readily available coins. As the third largest PoW-secured blockchain, the Litecoin network has in the past few months attracted significant trading volume, especially after the listing announcement on EDX Market, an institutional-grade cryptocurrency exchange announced in the United States market.
According to the latest crypto market data, Litecoin had a market capitalization of about $6.67 billion and a 24-hour traded volume of approximately $492 million.
Litecoin Network Hits New Record Ahead of 3rd Halving
According to on-chain data, the Litecoin network has about 9.6 million holders who have facilitated about 170,379,901 transactions
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