Litecoin LTC Transactions Hit All-Time High as Bitcoin BTC Fees Surge Amic BRC-20 Meme Coin Frenzy

On May 8, Litecoin executed more than 525,000 transactions in a day, coming close to Bitcoin’s 575,000 daily transactions, according to blockchain data from BitInfoCharts. It is five times the average number of transactions on the Litecoin blockchain compared to earlier this year and more than double the previous all-time high near the peak of the bull market in January 2018.

Source: https://www.coindesk.com/markets/2023/05/09/litecoin-transactions-hit-record-high-as-bitcoin-fees-surge-amid-brc-20-frenzy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines