Litecoin (LTC) has demonstrated strong performance in the cryptocurrency market, showing a 70% increase in value this month and a 24% rise in the past week. Currently trading above $129, LTC has surpassed Avalanche (AVAX) and Sui (SUI) in market rankings. Trading volume for Litecoin has also surged, up 27%, with long-term holders transferring $2.3 million in LTC to exchanges, potentially indicating a bullish trend. Additionally, Litecoin's open interest has reached a four-year high of $758 million, suggesting that futures traders view LTC as a promising opportunity. Analysts attribute this momentum to growing speculation around a potential spot Litecoin ETF, with approval odds reportedly rising to 84% as the SEC shows increased openness to such financial products.