Litecoin is slated to undergo its third mining reward halving in early August, after which the per-block reward paid to miners will be lowered by 50% to 6.25 LTC from 12.5 LTC. Leading up to the fact, the 12th largest crypto-asset by market value has managed to fetch some big gains lately, pushing its price to $92.58.
Several on-chain metrics have also flipped positive.
Litecoin’s Network Activity
Data from IntoTheBlock suggested that Litecoin had a strong month. Since the end of April, the total address count with a balance has increased “intensely.” There are currently 8.5 million LTC addresses with a balance last week.
Litecoin had a strong month. Total addresses with a balance has increased more intensely since the end of April and we now observe nearly 8.5 million LTC addresses with a balance!#Litecoin https://t.co/beYBnYLzm8 pic.twitter.com/seMsdiJEup
— IntoTheBlock (@intotheblock) May 30, 2023
Both new and active address count has been hovering close to the fresh all-ti
We współpracy z: https://cryptopotato.com/litecoin-sees-increased-network-activity-ahead-of-halving/
