Litecoin Records Certain Milestones In 2022 Despite The General Downtrend
Litecoin achieved several on-chain and off-chain milestones despite the broad slump that characterized the previous trading year. Although it saw more than 50 million unique wallet addresses, LTC has lost more than half of its value as of the time of publication.
According to a Litecoin tweet, over 39 million transactions were executed on the decentralized, open-source LTC network at the end of the 2022 trading year. Additionally, throughout the year, Litecoin’s hashrate reached a brand-new record high of 613.81TH/s. Additionally, on December 3rd, after 11 years of operation, the network’s average difficulty reached a record high. LTC’s value fell by 54% as a result of the dramatic market slump during the last year.
Source
https://t.me/DeFi_Ethereum
