Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High

Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the digital asset toward price increases higher than the market average. And now, once again, the bull case for the digital asset is even stronger as its hashrate has risen rapidly to a new peak.According to data from CoinWarz, the Litecoin hashrate reached 958.36 terahashes per second (TH/s), on Wednesday, June 28, 2023. This is a new all-time high for the network whose previous all-time high had data just above 800 TH/s.