It's promised faster transactions and lower transaction fees when compared to Bitcoin. And the problem is, that's all it does. It's faster than Bitcoin; it can do 56 transactions per second, while Bitcoin can do about seven. Proof of Work Summit 2023 in Prague is coming up, and Litecoin is one of their major sponsors. Litecoin's 12th birthday is coming up in October, and they're doing a Litecoin birthday cruise that's going to be with Royal Caribbean. Litecoin also has a debit card through Unbanked; they kind of do white-label products for crypto companies or other services that want to launch their own debit cards, and I don't really think that this actually provides more value to the coin just because it's more important to have those on-chain transactions. 27 percent of all transactions this year through BitPay and Litecoin were used to make payments. That's showing that people have access to Litecoin, and they are using it to shop just because of the low transaction fees. There is a big move for traditional finance to move into the crypto space because they can make money from selling crypto, and it's fees. That's one of the biggest things Litecoin has going for it, but when it comes to B5, stable coins, etc., Litecoin is at a big disadvantage, but that doesn't mean the price isn't going to go up, so anything can happen.
