Litecoin saw an eventful quarter as it set a new record in its transaction count (500,000 daily transactions) + all-time high hashrate

The LTC network processed over half a million daily transactions for the first time in the quarter. It came close to the number of daily Bitcoin transactions for May.

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LTC daily transactions

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Some additional LTC highlights of 2023:

• A new crypto exchange (EDX Markets) that launched last week and is backed by big Wall Street heavyweights Charles Schwab, Citadel Securities and Fidelity Digital Assets, has opted to allow its traders - institutional investors only - to start trading with BTC, ETH, LTC & BCH
• After the latest pump, LTC re-entered the Top 10 of CoinMarketCap (currently #9)
• In a tweet on June 27, the Litecoin Foundation announced that the blockchain's hashrate had reached an all-time high of 957.22 TH/s

• The LTC halving is in ~ 32 days => As of now, the block reward is 12.5 coins per block and will decrease to 6.25 coins per block post halving.

  Sources:

(1) https://www.litecoinblockhalf.com/

(2) https://bitinfocharts.com/comparison/litecoin-transactions.html#3y

Thanks for reading :)