#Litecoin completes third #halving, block reward cut to 6.25 LTC

Litecoin has halved its block reward from 12.5 LTC to 6.25 LTC following the activation of its third halving event at block height 2,520,000.

The proof-of-work (#PoW ) coin’s latest halving happened as $LTC price hovered near price levels also seen during the last event in 2019. 

However, the network has seen significant growth in terms of total addresses, number of active daily addresses, transaction volume, and hash rate among other metrics, according to market intelligence and on-chain data analytics platform IntoTheBlock.