In today’s news, Solana (SOL) has seen both heightened interest and skepticism, with recent comments from Standard Chartered labeling it “overpriced”, while technical indicators suggest a potential breakout. Meanwhile, crypto whales are taking notice of JetBolt (JBOLT) as its presale bursts onto the scene with a whopping 40 million tokens sold, worth over $280,000.
Will SOL finally see a 200% pump after recent price drops, or will JetBolt’s explosive presale and cutting-edge zero-gas feature continue to pull in whale?
Can SOL Rally 200% as Solana On-Chain Activity Surges?
Solana (SOL) has been one of the top altcoins known for its fast transactions and incredibly low costs. However, the price of SOL has been under pressure recently, dropping over 7% in the past week.
Despite this, Solana’s on-chain activity is surging, with its network exceeding 100 million active addresses, which analysts see as a sign of growing engagement on the platform. However, Solana data provider Hello Moon reported that 86 million users out of the 100 million active addresses hold only little or no SOL tokens at all.
Solana also dominates in new token launches as its network saw a significant 87% surge. Solana’s on-chain activity may be booming, but the price of SOL doesn’t seem to be catching up with these recent developments.
Analysts are divided—some predict further price dips, while others suggest SOL could see a massive price rally as high as 200%. Due to the conflicting signals, market sentiment around SOL remains mixed.
Experts say Solana’s ability to pump will depend on several factors, including whether whales and retail investors can regain confidence in its price momentum. But for now, a large upside in SOL’s value seems unlikely. Whales are also left in a tricky spot, driving them to seek younger coins that offer cutting-edge features, like the zero-gas coin JetBolt.
Why are Whales Accumulating JetBolt Tokens?
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
As giants like SOL tumble, whales are flocking to the new altcoin JetBolt (JBOLT) in their search for the next big crypto. JetBolt’s stellar presale figures further intensify the momentum of this new coin. JetBolt has sold over 40 million tokens amounting to over $280,000 within just over two months after its presale launch. These figures represent impressive milestones for any crypto that is as new as JetBolt.
JetBolt’s groundbreaking zero-gas technology provides a breath of fresh air to crypto enthusiasts as high gas fees continue to plague other blockchain networks. This feature is particularly useful for whales who move large amounts of crypto and want to avoid significant losses due to gas. JetBolt’s zero-gas tech also appeals to developers who can now build dApps without the worries of gas fees.
For whales who want the latest technologies seamlessly integrated into the coins they hold, JetBolt is the perfect fit, as it offers an AI-powered news and market insights tool. Harnessing the power of artificial intelligence, this tool helps buyers and traders stay updated on the latest blockchain trends and developments.
Apart from impressive features, whales can enjoy up to 25% additional tokens upon token batch purchases. This is among JetBolt’s exciting presale perks, perfect for those wanting to purchase and hold more tokens. Whales are increasingly pouring into JetBolt, recognizing its notable presale benefits and cutting-edge features as a next-gen altcoin that could reshape the market.
Wrap Up — Solana’s Massive Surge Remains Uncertain as JetBolt’s Presale Soars
To wrap up, Solana struggles to regain its footing despite a surge in network activity. Solana may experience modest price gains along the way, but a 200% pump seems unlikely yet as increasing on-chain activity has failed to provide the boost SOL’s price needs.
Meanwhile, JetBolt shines in the crypto spotlight as whales flock to its ongoing presale. The rise of new altcoins like JetBolt signifies the growing demand for coins that showcase cutting-edge innovations in the market, like JetBolt’s zero-gas technology and AI-powered utility.
For those interested in JetBolt’s ongoing presale, visit:
Official Website: jetbolt.io
Telegram Channel: https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
This article does not offer any financial advice. Always conduct thorough research before engaging with any crypto asset. All cryptocurrencies carry inherent risks and can be volatile.
