Litecoin (LTC) has seen a significant increase in its market capitalization and trading volume, with a 46% hike over the last two weeks.A potential approval for a Litecoin-based exchange-traded fund (ETF) has brightened the spirits of investors, with a likelihood of around 90%.The approval of a Litecoin ETF would open the door for more cryptocurrency ETFs and potentially benefit other tokens like SOL, XRP, and LINK.Market analysts predict strong performance for Litecoin, with expectations of price increase and potential support and resistance levels.