Litecoin, one of the first coins in the crypto-space, has had a rather mellow run of late. In fact, at the time of writing, the coin was still 54% down from its all-time high of $410. Nonetheless, recent developments in the ecosystem, as well as heightened adoption that LTC witnessed lately have acted as catalysts of growth.
However, with LTC’s price still oscillating close to the $187 mark, the immobility in prices is almost worrying for LTC holders and traders.
The adoption of Litecoin payments seem to be on the rise. Recently, BitPay, a Bitcoin service provider, and Verifone partnered to drive the adoption of digital payments through LTC.
Verifone is one of the world’s biggest point-of-sale payment processors, facilitating close to $440
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