Data: Litecoin processes an average of 100,000 transactions per day and exceeds $2.85 billion in transaction volume, surpassing most Layer 1 networks

According to BlockBeats, on July 12, IntoTheBlock data showed that Litecoin processed an average of 100,000 transactions per day with a transaction volume of more than 2.85 billion US dollars, which exceeded 50% of its market value and surpassed most Layer 1 networks. For example, although DOGE's market value is about 3 times that of Litecoin, its average daily block transaction volume is only 590 million US dollars.