convoy public opinion for LTC prices soaring, although the application of segwit in LTC, LTC still far below ethereum technology. LTC possibility will be used only for mining, and trading it.
ETH's bubbly highs put it at almost 10x the marketcap of Litecoin which just went through years of consolidation.
So far no real world use for Ethereum, just speculation - it has not yet come through the peak of inflated expectations phase. It will take long time for people to actually put the technology to use. Also Hyperledger might serve as a better solution for most of the applications. It is hard to see Ethereum's upside that has not been priced in already - most of the upside now comes from its the 'number 2 in crypto' position and lots of advertisement in mainstream media.
Btw, in the future, Litecoin can have smart contracts and EVM on the chain as well.