Litecoin
€47.46
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The price of Litecoin has risen 1.58% in the past 7 days.The price inclined 0.56% in the last 24 hours.The current price is €47.46 per LTC. Litecoin is 85.11% below the all time high of €318.91.
The current circulating supply is 77,089,570.7335 LTC .
Litecoin is a decentralized currency that provides a faster, lower-cost alternative to Bitcoin for payments. It utilizes the Scrypt Proof-of-Work consensus algorithm, which allows the network to process a block every 2.5 minutes (compared to Bitcoin's 10 minutes). This design choice increases the network's capacity to handle transaction volume and reduces the waiting time for settlement finality.
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Litecoin has firmly established itself as a preferred rail for commerce and institutional payments:
BitPay Dominance (2025): Throughout 2024 and 2025, Litecoin consistently ranked as the #1 most used cryptocurrency for payments on BitPay (the world's largest crypto payment processor), frequently surpassing Bitcoin in transaction count. This metric verifies its utility as a medium of exchange for real-world goods and services.
Core v0.21.3 & MWEB Mobile Adoption: The release of Litecoin Core v0.21.3 in late 2024 brought critical security patches and "Light Client" support for MWEB. Following this update, major mobile wallets (such as Cake Wallet and the official Litecoin app) fully integrated MWEB in 2025, making privacy-preserving transactions accessible to everyday mobile users for the first time.
Canary ETF Filing: In late 2024, investment firm Canary Capital filed for a Litecoin ETF in the United States. While regulatory approval processes are ongoing, this move signaled renewed institutional interest in Litecoin as a regulated commodity asset distinct from security-like tokens.
The LTC coin functions as digital cash with specific monetary properties:
Payments: LTC is widely accepted by merchants and payment gateways due to its speed and negligible fees.
Confidentiality (MWEB): Users can opt-in to use Extension Blocks to send LTC confidentially. This hides the transaction amount, improving the asset's fungibility (making one LTC indistinguishable from another).
Mining Rewards: Miners secure the network and are rewarded with newly issued LTC.
Consensus: Proof-of-Work (Scrypt)
Block Time: ~2.5 Minutes
Privacy Layer: MimbleWimble Extension Blocks (MWEB)
Total Supply: Fixed cap of 84 Million LTC
Halving Schedule: Every 840,000 blocks (~4 years)