#PriceTrendAnalysis Litecoin (LTC) has seen a significant surge in value over the past two weeks, surging 46%. This surge is driven by increased institutional interest and investor optimism over the potential approval of cryptocurrency-linked exchange-traded funds (ETFs).

Data shows that Litecoin’s daily trading volume has reached $9.6 billion, a 242% increase over the past six months.

Bloomberg analysts have indicated a 90% chance that the U.S. Securities and Exchange Commission (SEC) will approve a Litecoin ETF, putting it ahead of other cryptocurrencies like Dogecoin (DOGE) and Ripple.