Tron (TRX) Could Follow Litecoin’s Payment Adoption Success

Litecoin (LTC) has achieved a significant milestone by becoming the second-most utilized cryptocurrency for payments on CoinGate's platform, trailing only Bitcoin. According to July 2025 data from the Lithuanian payment processor, Litecoin now accounts for 14.5% of transactions, surpassing stablecoins and other major cryptocurrencies. This adoption comes despite Litecoin's relatively modest market capitalization ranking at 19th place. The network's faster transaction speeds and lower fees have likely contributed to its growing popularity in the payments space. As the crypto payments ecosystem continues to evolve, other cryptocurrencies like Tron (TRX) could potentially follow a similar trajectory. Tron's high-throughput blockchain and focus on decentralized applications position it as a strong contender for payment processing adoption. The success of Litecoin demonstrates that market cap ranking doesn't necessarily correlate with real-world utility, suggesting that projects like Tron with strong technological fundamentals may see increased payment adoption in the future.

Litecoin Rises to Second Place in Crypto Payments, Trailing Only Bitcoin

Litecoin (LTC) has surged to become the second-most utilized cryptocurrency for payments on CoinGate's platform, according to the Lithuanian payment processor's July data. The digital asset now commands 14.5% of transactions, eclipsing stablecoins and trailing only Bitcoin's dominant 22.9% share.

This adoption milestone comes despite Litecoin's modest 19th-place market capitalization ranking. The network's faster block times and lower fees compared to Bitcoin appear to be driving merchant acceptance, particularly for smaller-value transactions where cost efficiency matters most.

CoinGate's infrastructure supports over 70 cryptocurrencies, with Tron (TRX) and dollar-pegged tokens USDC and USDT rounding out the top five payment options. The platform serves both e-commerce and brick-and-mortar businesses seeking to tap into the global crypto economy.

Best Cryptocurrencies to Watch Ahead of Potential Bull Run

Market pressures persist across crypto assets this week, but several catalysts could ignite renewed momentum. Bitcoin and ethereum ETF inflows, potential altcoin ETF approvals, regulatory clarity, and Fed rate cuts loom as possible triggers for the next upward cycle.

AAVE emerges as a standout DeFi play, with its lending protocol processing $34 billion in assets. The platform generates $2.4 million daily fees, having weathered multiple crypto winters since 2017. Its token has rallied 120% from April lows and 435% since 2023's bottom.

Spark gains attention for its stablecoin yield products, while TRX continues demonstrating resilience. These assets represent strategic positions for investors anticipating institutional capital flows into crypto markets.