Lunar Digital Assets has launched LitVM, a new Layer-2 network built for the Litecoin blockchain. The announcement came during the Litecoin Summit in Las Vegas. This marks a major step for Litecoin, a cryptocurrency known for speed and simplicity since its launch in 2011.
Now, it enters the world of smart contracts and programmable applications. LitVM uses zero-knowledge technology to increase privacy and performance. It was built on BitcoinOS and Polygon’s Chain Development Kit. It works with the Ethereum Virtual Machine.
This means developers can now build dApps for Litecoin using familiar tools. The Litecoin Foundation supports this move. The project adds features never seen before on Litecoin. Developers can now create and run smart contracts.
LitVM Unlocks Layer-2 Potential for Litecoin
LitVM allows tokenized assets, stablecoin payments, and culture-based on-chain content like Runes and Lordinals. It also supports trustless bridges and time-locked assets. With this release, Litecoin joins the broader DeFi space.
It connects to cross-chain liquidity through AggLayer. This can help Litecoin move beyond peer-to-peer payments and into more advanced blockchain use cases. LitVM gives developers tools to build secure and scalable apps with native LTC.
Lunar Digital Assets aims to keep up with the growing popularity of Layer-2 networks. Billions of dollars are already locked in Layer-2 systems on Bitcoin and Ethereum. LitVM could allow Litecoin to claim its share of that market.
Litecoin Gets an Upgrade Beyond Payments
It also reduces the risk of overloading Litecoin’s main chain by shifting heavy processes to the new Layer-2. The launch brings Litecoin into a new era.
After over a decade of focusing on reliability, the network now becomes programmable. This upgrade can attract new users, increase utility, and build momentum for future growth.
The foundation sees LitVM as a way to meet long-standing requests from developers. With the launch of LitVM, Litecoin takes its first major step toward becoming more than a payment coin. The tools are in place. The network is ready. Developers can now start building.
