Two cryptocurrencies have been showing strong performances lately: crypto giant Solana (SOL) and rising star JetBolt (JBOLT). After suffering tragic price dips that sent its price below $150, SOL is now eyeing massive price pumps. While SOL impresses with its remarkable price moves, the new altcoin JetBolt is catching the attention of crypto whales with its presale, which has sold over 40 million tokens since it launched. Let’s examine the latest developments in these two top trending altcoins.
🔶Is Solana’s Price Poised for a Massive Breakout?
Solana (SOL) is making headlines as it continues to recover significantly. After plummeting to the $150 mark a few weeks ago, SOL has breached $170 and is now trading at $175.53. This data demonstrates a remarkable 25.6% surge over the past two weeks.
With the upward momentum SOL is currently showing, some crypto analysts are predicting a bullish breakout could be on the horizon. Some experts suggest that SOL’s latest surge hints at its potential to reach $200. This price movement could potentially affect certain key metrics where Ethereum (ETH) is dominant.
Crypto insiders are attributing the latest price pumps to the substantial increase in Solana’s trading volumes and a rise in daily active addresses, now reaching 100 million.
However, some analysts and market observers remain bearish on the token. Blockchain experts have pointed out that SOL's price is slowly climbing inside a rising wedge, a bearish pattern that would mean a breakdown from this structure could lead to a 40-50% decline from the current level.
Some crypto analysts also argued that SOL reaching $200 may not happen yet. Solana needs to expand its user base to include more traditional finance institutions and enterprises to take this gigantic price leap. Market conditions also have to remain favorable for SOL to reach this level.
As blockchain whales watch for the latest progress on Solana, many have started exploring new generations of altcoins with cutting-edge features and utilities. One of these altcoins is the zero-gas coin JetBolt (JBOLT).
🔶Why Are Whales Rushing Into JetBolt?
While Solana continues to impress with its recent price gains, crypto whales are also setting their sights on the rising star, JetBolt (JBOLT). This fresh entrant is quickly gaining traction in the Web3 space for its explosive presale and unique features.
Since its presale launched in August 2024, JetBolt has sold over 40 million tokens—a huge milestone for any young crypto presale coin.
JetBolt captures the attention of crypto whales because of its distinctive features. One of JetBolt’s hallmark features is zero-gas technology. This empowers crypto users to carry out effortless and zero-gas fee transactions.
JetBolt also provides token holders with an AI-powered news and insights tool to help them stay updated on current blockchain trends and developments. JetBolt’s integration of AI appeals to crypto enthusiasts who want to possess tokens that incorporate the latest technologies.
Presale benefits are also one reason whales are jumping to the JetBolt presale. JetBolt allows early buyers to enjoy as much as 25% additional tokens for token batch purchases. With this exciting perk and groundbreaking features, it’s no surprise that whales scoop up JetBolt (JBOLT) tokens while eagerly awaiting its official launch.
