In trending crypto news, Solana’s price tumbles 5.2% today, prompting market participants to wonder if Canary Capital’s new SOL ETF can help it rise again. As Solana battles price volatility, next-generation altcoin is quickly dominating with renewed momentum—JetBolt (JBOLT). As Solana looks for its footing, JetBolt’s rapid ascent is propelling this zero–gas altcoin into the limelight, highlighting a new crypto trend.
Will Solana break free from its bearish price downturn, and why is JetBolt’s momentum driven by whale adoption? In this piece, we explore Solana’s price predictions and discover why JetBolt’s rising popularity in the crypto market could be game-changing.
Can Solana reach $300 soon? What analysts are saying
Solana doesn’t seem bound for a $300 price point in the coming days. While Solana clocked in an impressive 332.3% growth over the year, the coin has faced setbacks this week. In the last 7 days, Solana tumbled by 5% with Technical Oscillators pushing it into “Sell” territory.
While Solana’s very recent performance seems bearish, its holders still have plenty to feel optimistic about. On the 30th of October, US based Canary Capital filed its S-1 form with the SEC to launch a Solana ETF. This has sparked hopes for greater institutional and retail adoption which could benefit SOL and push its market cap above its current $78 billion.
Can Solana’s price still go up? Many experts believe it’s possible, but this will depend on a few factors. Solana’s 332.3% growth in the last 12 months was linked to several factors, from the growing demand for SOL meme coins to institutional interest. However, analysts have argued that for SOL to reach new heights, demand will have to come from new types of use cases.
Is Solana’s price dip linked to bigger macro trends? Some analysts believe so. In fact, all top 10 largest coins by market capitalization, from BTC and ETH, have posted contractions in the last day. As buyer interest for old cycle coins wanes, interest in growing around new altcoins like JetBolt. These younger tokens and coins bring fresh innovation and new utility to the Web3 space.
JetBolt’s Presale Takes Off: Why Whales Are Interested
JetBolt (JBOLT) is rapidly soaring in popularity amongst the trendiest new generation and AI coins in November 2024. As older coins like Solana battle volatility, next generation altcoins are the new hot contenders.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
This next generation token is gaining widespread popularity due to its game changing Zero Gas tech edge. Interest in JetBolt is growing from the ranks of crypto whales and newer users to Web3 alike. Beyond AI and Zero Gas, JetBolt’s functional ecosystem includes a social-fi stake-to-earn protocol which has sparked tremendous interest from its holders.
Its exclusive presale perks continue to generate immense interest, like the Alpha Boxes and token discounts of up to 25% for batch buyers. Having surpassed 41 million tokens in sales, JetBolt’s momentum is hard to ignore.
This next-gen cryptocurrency’s unique blend of revolutionary tech and utility are driving forces behind JetBolt’s momentum.
Conclusion: Solana Dips as JetBolt build strong momentum
Solana’s price outlook in the near term seems unpredictable, as it drops by 5.2% in the last 24 hours with growing sell pressure. A growing number of blockchain users from whales to fresher faces are now diving towards JetBolt (JBOLT), attracted by its tech appeal and utility. Recently selling over 41 million tokens, JetBolt’s presale momentum is growing stronger and stronger. As older coins like Solana face pressures, next generation ones like JetBolt are amongst the hottest new coins for November.
You can find out more about JetBolt by exploring its website https://jetbolt.io/ or by visiting the twitter (now X) page https://x.com/jetboltofficial.
It’s important to note that this piece is not a form of guidance and that no financial advice is offered here. Do your own research and get acquainted with all the risk factors ahead of making any buying decisions in the Web3 market.
