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LitVM Testnet Races To 63M Transactions Two Months After Launch

by Market News Board
1 hour ago
in Crypto, Litecoin
A A
LitVM Testnet Races To 63M Transactions Two Months After Launch



Lunar Digital Assets said its LitVM testnet has topped 4.4 million wallets and 63 million transactions two months after launch, bringing smart contracts to Litecoin (LTC).
LitVM Testnet Milestones
The company released the figures Jun. 23 from Las Vegas, where it built LitVM as Litecoin’s first EVM-compatible Layer-2, linking native assets to Ethereum-style smart contracts. The testnet went live in April.
More than 1.5 million wallets signed up in the past two weeks alone, lifting the total above 4.4 million, the company said. Developers have launched over 50 apps spanning decentralized finance, real-world assets and AI services, from cross-chain swaps to prediction markets where AI agents compete. The company highlighted eight flagship apps, several still in active development.
Also Read: Bitcoin Slides Under $59K As Fed Rate Fears Return To Crypto
Zacharias Cites Demand
Roc Zacharias, the chief executive of Lunar Digital Assets, co-founded LitVM. “What these metrics demonstrate is that developers and users want to do even more with their Litecoin,” he said. “Millions of wallets, tens of millions of transactions, and dozens of live applications have emerged during the testnet phase alone,” said co-founder Aztec Amaya.
Litecoin has run since 2011 as one of crypto’s oldest payment networks, prized for fast and low-cost transfers rather than the programmable apps common on Ethereum. The Litecoin Foundation backs the network.
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