{"id":81060,"date":"2023-06-30T17:47:11","date_gmt":"2023-06-30T14:47:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81060"},"modified":"2025-09-11T20:41:06","modified_gmt":"2025-09-11T17:41:06","slug":"litecoin-jumps-17-in-a-day-as-hash-rate-hits-a-record","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/litecoin-jumps-17-in-a-day-as-hash-rate-hits-a-record\/","title":{"rendered":"Litecoin jumps 17% in a day as hash rate hits a record"},"content":{"rendered":"

On June 30, Litecoin (LTC) rose above $100. After a pullback, the price cooled, but the daily gain stood at 17.3% (CoinGecko<\/a>).<\/p>\n

\"Litecoin
Data: CoinGecko.<\/figcaption><\/figure>\n

On the LTC\/USDT chart on Binance, the spike was accompanied by a sharp rise in trading volume. OKX accounted for the largest share of the metric, over 10%, according to CoinGecko.<\/p>\n

\"LTC\/USDT
Hourly LTC\/USDT chart on TradingView<\/a>.<\/figcaption><\/figure>\n

According to BitInfoCharts<\/a>, on June 27 the network’s hash rate rose to a record 797.5 TH\/s. Over the past 12 months the metric has nearly doubled from about 400 TH\/s.<\/p>\n

On or around August 4, the network will undergo a halving \u2014 the block reward will drop from 12.5 LTC to 6.25 LTC. As with in Bitcoin<\/a>, Litecoin’s halving occurs every four years.<\/p>\n

In the run-up to the halving, in just one week, from June 10 to 17, the number of new addresses on the Litecoin network increased by 54.6%<\/a>, surpassing 300,000.<\/p>\n

On June 20, began operating<\/a> the EDX Markets exchange, which previously supported<\/a> Citadel Securities, Fidelity Investments and Charles Schwab. Beyond the two largest cryptocurrencies \u2014 Bitcoin and Ethereum \u2014 the platform’s listings also included Bitcoin Cash and Litecoin. The BCH price rose 130%<\/a> over the week and on June 30 reached $307.<\/p>\n

In February, the Litecoin network launched<\/a> a Bitcoin-like Ordinals protocol Ordinals<\/a>, which allows embedding objects in the form of images, text, video and other formats.<\/p>\n

In May, the Litecoin Foundation signed an agreement<\/a> with the cross-chain-swaps aggregator Rubic.<\/p>\n","protected":false},"excerpt":{"rendered":"

On June 30, Litecoin (LTC) rose above $100. After a pullback, prices cooled, but the daily gain stood at 17.3% (CoinGecko).<\/p>\n","protected":false},"author":1,"featured_media":81061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1668,209],"class_list":["post-81060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-course","tag-litecoin"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=81060"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81060\/revisions"}],"predecessor-version":[{"id":81062,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/81060\/revisions\/81062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/81061"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=81060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=81060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=81060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}