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news21h ago

Litecoin now has close to 8.9 million addresses holding a balance

Litecoin ($LTC) explorer data shows nearly 8.9 million balance-holding addresses, with over 409 million lifetime transactions, reinforcing the Litecoin Foundation's case for LTC as a functioning payment network.

Litecoin now has close to 8.9 million addresses holding a balance

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On-Chain Data Puts Litecoin Near an Address Record

Litecoin ($LTC) is approaching 8.9 million addresses holding a balance, according to the latest blockchain explorer data. The count stands at 8,916,460, a figure that has climbed steadily since 2017 and sits close to an all-time high for the network.

In the past 24 hours alone, 144,949 transactions were confirmed on the chain. Since the @litecoin network launched in 2011, it has recorded 409,313,865 transactions in total. That cumulative figure has been building rapidly: the network processed 20 million transactions in the first four months of 2026 alone, a pace that once took two full years to achieve.

A Payment Network, Not Just a Trading Asset

The Litecoin Foundation (@LTCFoundation) has consistently pointed to the spread of balance-holding addresses as evidence that $LTC functions as a genuine payment network rather than a speculative trading venue. The argument is supported by activity data beyond the address count. Payment processor CoinGate reported that Litecoin accounted for up to 14.9% of all its transactions at points during 2025, with 5% of those payments retained on merchant balance sheets rather than converted to fiat, a signal of growing merchant confidence.

Litecoin has maintained 100% network uptime for more than 14 years, and its low transaction fees and fast settlement speeds have kept it among the leading cryptocurrencies for everyday payments. On a daily active-address basis, Litecoin has also emerged as the most-used proof-of-work peer-to-peer cryptocurrency, recently logging 237,064 active addresses in a single 24-hour period.

For the @LTCFoundation, the steady rise in balance-holding wallets tells a story that price charts do not always capture: a broad, distributed user base is storing and moving value on the network, not just trading in and out of it. Whether that translates into price appreciation remains an open question, but the on-chain foundation continues to strengthen.

Sources:
Litecoin Foundation: The Year Litecoin Proved To Be Sound Money (2025 Recap)
U.Today: Litecoin Flips Bitcoin, Dogecoin and Dash as Active Addresses Top 237,000

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Crypto Rich profile photoCrypto Rich

Rich has been researching cryptocurrency and blockchain technology for eight years and has served as a senior analyst at BSCN since its founding in 2020. He focuses on fundamental analysis of early-stage crypto projects and tokens and has published in-depth research reports on over 200 emerging protocols. Rich also writes about broader technology and scientific trends and maintains active involvement in the crypto community through X/Twitter Spaces, and leading industry events.

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