Litecoin takes lead among preferred cryptocurrencies for payment
, the Litecoin network hit a big milestone recently, surpassing 175 million transactions. A trend of growth is seen, as last year, 2022, only saw a total of 39 million in the whole year. This year alone, there have been more than 46 million transactions.
Earlier this month, Ledger and PayPal partnered to make purchasing cryptocurrency easier. This feature will allow users to buy cryptocurrency straight from the Ledger Live app using PayPal. This resulted in the integration of Ledger Live software with PayPal, allowing U.S. residents with verified PayPal accounts to purchase four cryptocurrencies, including Litecoin, directly through Ledger Live with no additional verification.At the time of writing, LTC was marginally up 0.29% in the last 24 hours to $65. Litecoin had its halving event Aug. 2, with mining rewards slashed from 12.5 LTC to 6.25 LTC.
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