Litecoin's new token standard, LTC-20, has sparked renewed investment interest in the cryptocurrency, leading to a surge in active address numbers and a 13% price rally over the past week. The LTC-20 standard allows for the creation and management of fungible tokens, smart contract capability, and dApps, similar to Bitcoin's BRC-20 standard. Additionally, the number of active addresses on the Litecoin blockchain has reached a new record high, likely due to the hype surrounding LTC-20. The LTC price is currently moving inside a bullish technical pattern called the 'Ascending Triangle,' with a potential price target of $257 if the pattern is confirmed.