Litecoin (LTC) has rebounded above $100, driven by the approval of several spot ETFs, including the Litecoin ETF by Canary Funds, set to trade on NASDAQ. This development, alongside improved on-chain metrics, suggests a potential bullish outlook for the cryptocurrency. Despite the positive news, LTC's price remains stable between $98 and $105, indicating cautious trader sentiment. The Litecoin network has seen its average transaction value surpass $80,000, the highest in three years, while its hashrate reached a new peak of 3.34 PH/s. Additionally, the expansion of Mimblewimble Extension Blocks (MWEB) has enhanced privacy features, with the total MWEB balance now at 260,000 LTC. These factors are contributing to a more optimistic market perspective, with analysts drawing parallels to a potential rally similar to that of Zcash.