I just can't decide, people are trading (mostly buying) it for few months, years, or generally plenty people just started to use it for daily transactions from beginning of May, like me. Anyway, it was the same jump in the transactions in 2024, too. So my guess, it is the 2nd, it carries the smallest risk, as its outperforming btc (and cheaper). The av. transaction amount (0.02 LTC) shows me that too.
https://bitinfocharts.com/comparison/transactions-btc-ltc.html#3y
If so, I doubt, it will hit 200 without BTC reaching 50k. (even like that, i am not sure, as if BTC start to pump, these temporary daily usages will disappear fast)
It's more about the halving than anything else... the last halving saw LTC rally almost 200% if I can remember correctly. This generally takes place in the 3 months leading into the halving... which is beginning now.