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Grayscale Research Head Calls Litecoin an OG Altcoin on 15 Years of Uptime

U.Today reports Litecoin marked 15 years of uninterrupted operation, with Grayscale's Zach Pandl citing an unusual surge in mentions of the coin and calling it an OG altcoin.

Why it matters

The evidence supports a descriptive network milestone and one research executive's characterisation of Litecoin, with no disclosed product, allocation or trading decision attached to it. No outlet other than U.Today covers the story, so any read of institutional demand is not supported by the record.

Key facts

U.Today reported that Litecoin has operated without a single outage or shutdown since launch.

Reported by U.Today

On-chain data as of 7 October 2026 showed Litecoin processing around 156,000 transactions per day.

156,000 transactionsReported by U.Today

The average Litecoin transaction fee stood at $0.003, with U.Today calling the network several times more efficient than Bitcoin for everyday payments.

0.003 USDReported by U.Today

Litecoin's hashrate was 2,671.43 TH/s as of 7 October 2026.

2,671.43 TH/sReported by U.Today

The MWEB privacy pool reached a record size of more than 563,000 LTC.

563,000 LTCReported by U.Today

Grayscale research head Zach Pandl drew attention to an unusual surge in mentions of Litecoin and called it an OG altcoin.

Reported by U.Today

What happened

Litecoin reached15 years of uninterrupted operation on 7 October 2026, counting from its2011 genesis block, according to U.Today. Grayscale's head of research, Zach Pandl, drew attention to an unusual surge in mentions of the coin and publicly described Litecoin as an OG altcoin, a term the outlet renders as an original, classic asset that has kept its fundamental value. U.Today cited on-chain data for the anniversary date showing roughly 156,000 transactions processed per day, an average transaction fee of $0.003, hashrate of 2,671.43 TH/s and 9.10 million active ... — the address count figure is cut off in the source text. The same report says the network has run without an outage or shutdown, and that the MWEB privacy pool has reached a record size above 563,000 LTC. Pandl's remark is the only interpretive claim in the account, and it comes from a single outlet, which also carries a disclaimer that its writers' opinions are their own; nothing in the evidence establishes an institutional commitment from Grayscale.

How the story developed

  1. First report

    First report by U.Today

    Litecoin Hits 15-Year Milestone: Grayscale's Pandl Backs 'OG Altcoin' Amid Push for NYSE Listing

    U.Today

  2. Update

    Pandl highlights surge in Litecoin mentions and backs the asset

    Grayscale's head of research publicly described Litecoin as an OG altcoin and pointed to an unusual rise in mentions of the coin.

    U.Today

  3. Update

    Litecoin 15-year anniversary data published

    On-chain figures for 7 October 2026 cited daily transaction volume of around 156,000, an average fee of $0.003, hashrate of 2,671.43 TH/s and an MWEB privacy pool above 563,000 LTC.

    U.Today

Affected entities

Original sources

PublisherReportRolePublished
U.Today
Crypto media
Litecoin Hits 15-Year Milestone: Grayscale's Pandl Backs 'OG Altcoin' Amid Push for NYSE ListingOriginal