Can Litecoin Price Hit $50,000 if Spot LTC ETF is Approved?

Litecoin ($LTC) price is gaining momentum, surging in the past 24 hours as bullish sentiment rises. The rally follows the U.S. SEC’s review of the Canary Spot Litecoin ETF application. $LTC is holding above the critical $100 support level, fueling speculation about its long-term potential. Investors are now questioning whether approval could push Litecoin toward an ambitious $50,000 valuation.