Recent moves from major financial players suggest that Litecoin is finally being recognized as a legitimate, institutional-grade cryptocurrency. Crypto commentator Santolita highlighted in a recent X post that T. Rowe Price has filed for an Active Crypto ETF with the US Securities and Exchange Commission (SEC), explicitly naming it as an eligible commodity.
This development signals that large-scale investors are beginning to acknowledge the broader crypto asset class, with Litecoin positioned as a resilient and reliable choice for crypto payments. Santolita notes in a follow-up post that, unlike projects chasing hype, Litecoin has maintained consistent merchant adoption and processed real transactions across market cycles.
She disclosed that the crypto network boasts proven longevity and low-cost transactions, which make it an attractive option for both everyday users and investors seeking a dependable store of value. Santolita also stated that its organic, grassroots adoption further strengthens its position as a practical and utilitarian digital asset.
The crypto commentator further described Litecoin as “digital silver,” highlighting its core functionality, which includes Peer-to-Peer digital cash with zero-cost payments, a fully decentralized ecosystem with significant industry supply and liquidity. She also noted that Litecoin boasts faster confirmation times and battle-tested security. All of which could be setting the altcoin up as a contender in the crypto payments industry.
Beyond institutional recognition, Litecoin continues to attract significant interest for its operational efficiency and scalability as a crypto payments provider. Crypto analyst Sean points out that anyone seeking true control over their digital cash should consider holding LTC.
His statement came in response to the Litecoin team’s post on X, which provided a technical foundation for why the digital asset excels in the crypto payments market. They noted that low transaction fees, well below $0.0007, make LTC an ideal vehicle for digital cash. They also highlighted that the network can handle up to 56 transactions per second (TPS), far exceeding its current daily load of around 200,000 transactions (2.5 TPS).
The team explained that Litecoin’s network structure, including the merging of mining and consistent block rewards, ensures that LTC miners remain incentivized even as transaction volumes increase. Historical trends highlighted in the post further reinforce its utility as a crypto payments provider.
According to the team, during Bitcoin’s congestion from October 2023 to October 2024, LTC handled a substantial increase in transactions with minimal cost, demonstrating the practicality of its design for real-world crypto payments. With more than 14 years of uninterrupted operation, fully decentralized mining, no founder’s stash, and strong volunteer-based support, the team emphasizes that the network remains secure, efficient, and accessible.
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Author: NixCoin
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