While the positive atmosphere continues in the cryptocurrency market, Litecoin 
$129.73 (LTC) gained momentum that pleased its investors. LTC, which has gained more than 10 percent in value in recent days, showed the strongest performance in recent months, rising from $ 115 to $ 132. This move signals renewed interest from both individual and institutional investors. Bitcoin 
$121,686.05A strong recovery is also observed in the altcoin market, with ‘s fluctuating around the $120,000 level.
Corporate Acquisitions Increase, Network Activity Breaks Record
According to data shared by the Litecoin Foundation, more than 3 million transactions were made on the network in the last two weeks. On-chain data revealed that large wallets accumulated 15 percent, while transaction volume exceeded $2 billion. This data shows that institutional investors are turning to LTC again. According to analysts, expectations that the Securities and Exchange Commission (SEC) may approve spot Litecoin ETFs as the government shutdown in the United States ends also contributed to the price increase.
New ETF Approval Could Create a Ripple Effect
According to Bloomberg analysts James Seyffart and Eric Balchunas, Canary Capital’s latest updates to its Litecoin and Hedera ETF application indicate that the approval process is in its final stages. The SEC’s adoption of general listing standards for crypto products has strengthened the market’s expectation that Litecoin ETFs “could arrive any day now.” Experts state that this approval may take LTC first to $140 and then to $200, while technical breaks will make the $350-400 range the target. Litecoin’s historical peak was at $412 in May 2021.
On the other hand, the expectation in Litecoin is the spot Ethereum approved in recent months. 
$4,342.94 It’s reminiscent of the price impact created by ETFs. Ethereum had increased by over 30 percent following ETF approval. According to experts, if Litecoin experiences a similar scenario, it may surpass its peak in 2021.
As a result, Litecoin’s recent rise has created a strong confidence environment in the market, both technically and psychologically. The increase in institutional interest and expectations for ETF approval indicate that the price may approach the $200 band again in the medium term. However, analysts emphasize that profit sales may cause sudden corrections and that investors should pay attention to risk management.
