Litecoin (LTC) has been fulfilling its initial goal of being a fast and affordable payment method. With its low fees and growing security through mining, LTC is a popular choice for transactions. It is widely used on BitPay, even more than Bitcoin (BTC), and is traded on most major exchanges. Litecoin has also been relatively stable, making it a reliable option for payments.

Litecoin's popularity is due to its ease of use and low fees. BitPay facilitates Litecoin transactions by offering various payment options, including gift cards and e-commerce gateways. Trust Wallet and Exodus are also popular due to their user-friendly features. Litecoin's community is active, with around 30% of the LTC supply being used in a 24-hour period. The network is also reliable, with no significant attacks or outages in its 11-year history.

Litecoin's mining activity is also healthy, with a 30% increase in hashrate in the past 12 months. This makes Litecoin's network profitable to mine at scale, even at the current market price. Overall, Litecoin is a fast, reliable, and affordable payment option, making it a popular choice for transactions.