Since its introduction, a remarkable achievement for Litecoin (LTC) is its 100% uptime record. A snapshot of the “Litecoin uptime tracker,” posted by the official X handle of the foundation, shows that the network has been fully operational since October 23, 2011. Litecoin has been continuously running since its 2011 founding by Charlie Lee. In other words, the Litecoin network has been safeguarding the blockchain and processing transactions for more than thirteen years.
Progress in the Litecoin network
December 26 saw Litecoin’s hash rate exceed 2 PH/s at block height 2,816,339 and difficulty 59,401,111. According to IntoTheBlock, Litecoin has 401,000 daily active addresses in 2024, up from 366,000 in 2023. Litecoin reached its annual top of 1.37 million active addresses in early January. December 26’s Litecoin hash rate was 2 PH/s at 2,816,339 block height and 59,401,111 difficulty.
Network expansion was massive. The average daily active Litecoin addresses rose from 366,000 in 2023 to 401,000 in 2024 and 1.37 million in early January. The 8.25 million Litecoin addresses with balances on December 23 were largely long-term holders. IntoTheBlock data shows that 54% of these holders are profitable, and 78% have held LTC for over a year, typical of bear markets.
Forecasts for Bitcoin in the Year 2025
Galaxy expects Bitcoin to reach $150,000 in H1 and $185,000 in Q4 2025. Bitcoin may rise by 2025 with institutional, corporate, and national government approval. Bitcoin has appreciated faster than the S&P 500 and gold, expected to continue in 2025. Reach 20% of gold’s value. Dominate global risk-adjusted returns in 2025, says Galaxy. Bitcoin placed third risk-adjusted this year among equities, fixed-income assets, indexes, and commodities.
As of this writing, bitcoin was trading at $94,673, down from a record high of $108,316 on December 17th. If not more, December might see the most significant bitcoin drop since September. Bitcoin Eyes 2025 Rise, Hopes for bitcoin values persist as December ends. Despite the low trading volume, Santiment anticipates one last considerable surge in 2024 owing to whale buildup and customer indifference.
Between Litecoin and Bitcoin
While Bitcoin remains the largest and most well-known cryptocurrency, Litecoin’s recent achievement of 100% uptime and its ongoing development could play a significant role in the broader market dynamics. Litecoin’s emphasis on speed and low transaction fees makes it a viable alternative for users looking for a more efficient means of conducting transactions. As Bitcoin grows and evolves, Litecoin may serve as a complementary asset, providing faster and cheaper transaction options within the cryptocurrency ecosystem.
Moreover, the success of both cryptocurrencies could be linked in terms of their market behavior. As Bitcoin looks toward its rise in 2025, Litecoin’s technical achievements, like its 100% uptime, may attract more users and investors who value stability and reliability in their digital assets. As the broader crypto market matures, Bitcoin and Litecoin could benefit from increased adoption, technological advancements, and regulatory clarity.
Conclusion
The achievement of 100% uptime by Litecoin and the growing optimism surrounding Bitcoin’s potential rise in 2025 are essential milestones in the cryptocurrency landscape. Litecoin’s technical reliability strengthens its position as a viable alternative to Bitcoin, offering fast and secure transactions. Bitcoin Eyes 2025 Rise, Meanwhile, Bitcoin’s future looks bright, with expectations that it will experience a surge in value in the coming years, driven by factors such as the 2024 halving, institutional adoption, and technological progress.
