Starting this week on a positive note, Solana (SOL) surges past $176, now back at $175.03, with crypto analysts forecasting a possible breakout toward $200 and beyond. While Solana whales rally around the network’s $6.3 billion in TVL (Total Value Locked), traders are closely eyeing $200 resistance levels for SOL. Meanwhile, a fresh and compelling contender is turning heads—JetBolt (JBOLT). This zero-gas token with AI-powered utility is making waves via an electrifying presale, driving whale activity faster than you can say “next big altcoin”.
With Solana bulls focused on the road to a strong Q4, whales remain optimistic about the network’s performance. On the other hand, eyes are shifting to JetBolt’s presale, setting the stage for a potential new game-changer in the altcoin sector. Will SOL hit $200? Will JetBolt’s presale capture a growing share of the market’s attention? Let’s explore the recent developments surrounding Solana and JetBolt.
Solana Bulls Eye 10x Surge as Network Activity Hits New Highs
At $175.03, Solana (SOL) continues to climb, with analysts eyeing $200 resistance levels. A bull flag pattern signals further upside, though RSI (Relative Strength Index) levels suggest overbought conditions for Solana. If SOL can break through $180, traders anticipate a move toward $275 or even $300. Despite the optimism, traders remain cautious, mindful of technical indicators and market conditions that may slow Solana’s momentum.
In the last seven days, SOL showcases dynamic price movement, bouncing between lows of $165 and highs near $177, with bullish momentum building towards the weekend as traders eye the crucial $180 resistance level.
Solana’s 7-day price chart from CoinMarketCap showing volatile movement, with bullish momentum building
Driving optimism for the network are the recent developments that highlight Solana’s rapid growth. The blockchain’s TVL has surged beyond $6.3 billion, fueled by meme coins like WIF, BONK, and GOAT, which contributed to network fees hitting $11 million on October 25. Additionally, on-chain data from Arkham Intelligence now enables users to track whale movements and capital flows within Solana’s ecosystem, enhancing transparency and real-time monitoring.
However, network risks persist for Solana. A recent phishing attack resulted in the loss of $40,000 in SOL and BONK tokens. On top of that, some expert analysts warn of Solana’s reliance on DEX activity for fee revenue, raising concerns about sustainability during market downturns.
Solana bulls remain hopeful for a breakout, with technical indicators pointing to the possibility of a further surge if SOL surpasses key resistance levels near $180. That being said, there is yet little data pointing to just how big this surge might be, and while SOL fans seem optimistic, 10x figures should be taken with a grain of salt. Meanwhile, JetBolt (JBOLT) has emerged as a powerful new player, thanks to its zero-gas transactions and outstanding blockchain capabilities, drawing attention to what could be the next standout altcoin in the market.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
JetBolt’s Presale Takes the Market by Storm: The Altcoin Whales Can’t Resist?
JetBolt (JBOLT) is becoming the latest sensation in the crypto space with whales pouring into its presale, creating a buzz that’s hard to ignore. As the market continues to evolve, JetBolt delivers more than just hype—it showcases easy-to-earn staking mechanisms and zero-gas transactions powered by the Skale network.
Thanks to zero gas technology, developers can build and deploy decentralized apps and unlock new opportunities for experimentation and growth that might have previously been limited by high gas costs. This revolutionary feature may have the potential to pave the way for transformative innovation within the Web3 space.
Adding to the excitement, JetBolt’s exclusive Alpha Boxes offered during presale grant buyers up to 25% extra JBOLT tokens on batch purchases, creating a unique early-bird perk. Over 40 million JetBolt tokejs have been purchased to date, and the buzz isn’t just about the numbers—it’s about the mushrooming community that sees JetBolt as an exciting newcomer that could define fresh standards for altcoins.
With its presale accelerating and more whales jumping in, JetBolt is quickly making a name for itself as one of the most exciting launches of 2024, redefining what the crypto community expects from presales. As the hype continuously grows around it, it’s clear as day that JetBolt isn’t just riding the wave of blockchain innovation—it’s building one.
In Summary: Solana Bulls Hold Strong, While Whales Head to JetBolt
Solana (SOL) edges closer to breaking the $180-$200 barrier, with bulls eyeing a 10x rally, but recent price fluctuations leave questions about how soon that breakthrough will come and how likely it can be. Meanwhile, JetBolt’s presale is catching the market’s hype, luring in whales with its high-tech yet user-centric take on blockchain technology. Amid the shifting crypto landscape, many whales are gravitating towards JetBolt, establishing it as the next breakout crypto superstar that many Web3 users are interested in.
Check out the links below to discover more about JetBolt and its current presale:
Website: https://jetbolt.io/
JetBolt’s X/Twitter Page: https://x.com/jetboltofficial
Telegram Community: https://t.me/jetboltcoin
Keep in mind that this article is not financial advice. Remember, cryptocurrencies are volatile, so prices can change rapidly and without notice. Mentions of any token should not be taken as guarantees of future performance. Readers should conduct independent research before engaging in any crypto-related activities, comprehend all risks, and trade responsibly.
