Why Crypto Whales are Buying XRP, Solana, Ethereum, and JetBolt Ahead of the Bull Run

November 6, 2024
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4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Crypto whales are on the move, building up their holdings in XRP, Solana, Ethereum, and newcomer JetBolt as the market readies for a potential bull run following Trump’s US-election victory.

Each of these assets offers distinct advantages: XRP is poised for a legal breakthrough that could transform its prospects, Solana is scaling up with robust DeFi growth and potential ETF approval, and Ethereum is streamlining with its latest “Purge” update to stay competitive. 

Meanwhile, JetBolt’s surging presale and trailblazing Web3 technologies have crypto whales excited for what’s to come next for this revolutionary altcoin. 

Let’s dive into why these top 4 cryptocurrencies are catching whale interest and what each brings to the table as the market heats up for the next bull run.

XRP: Navigating Regulatory Waters with Optimism

XRP, currently trading at around $0.53, has seen a rough October, reporting a 1.7% drop this month largely due to ongoing regulatory challenges. The SEC’s lawsuit against Ripple Labs, which questions whether XRP should be considered a security, remains unresolved, creating uncertainty for investors. 

Despite these hurdles, crypto whales are still actively acquiring XRP, likely betting on a favorable resolution that could lead to a price surge. Ripple’s recent push into decentralized finance (DeFi) and stablecoin integrations has also generated some notable interest. Market observers note that these developments might strengthen XRP’s utility beyond its current use cases. 

Analysts suggest that if Ripple achieves a favorable outcome in its SEC case, XRP could regain momentum and get back the thunder it used to have before its legal battles. 

Solana: Scaling New Heights with Institutional Interest

Solana (SOL) continues to attract attention due to its high transaction speeds and scalability, making it a popular choice for decentralized applications (DApps) and DeFi projects. Trading at $183.90 today, Solana has finally seen some resurgence after its price dropped to almost $155.43 this week. 

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Recently, Canary Capital filed for a spot Solana ETF with the SEC, sparking optimism among institutional investors and whales alike. If approved, the ETF would provide traditional investors an easy entry point into Solana, which may increase the liquidity and market stability of SOL tokens. Many analysts suggest that an ETF approval could push Solana’s price even higher, potentially breaking past its recent highs and possibly hitting $500. 

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Ethereum: Optimizing for the Future with The Purge Update

Following the release of “The Purge” update, Ethereum (ETH) grew by about 6% today and now trades at around $2,477.47. Ethereum’s Purge aims to remove unnecessary data, effectively reducing data bloat and improving overall performance across the network.

By lowering the cost and complexity of operating nodes, Ethereum wants to make the network more accessible to developers and validators, which could lead to increased adoption over time. Ethereum whales, in particular, see the update as a huge step toward scalability, especially with competition from newer blockchains offering zero gas fees and faster transactions. 

Various crypto analysts have also noted that Ethereum’s upgrades could support a price rise during the next bull market, with some targeting $4,000 as a potential peak. For whales, Ethereum’s established ecosystem in DeFi, NFTs, and smart contracts continues to make it a cornerstone asset, with ongoing upgrades only adding to its appeal.

Yet, with new platforms like JetBolt introducing transformative and disruptive technologies, analysts are observing a shift as whales seek new opportunities in emerging crypto assets.

JetBolt: Getting Close to the $500,000 Mark as November Wraps Up

With the next bull run on the horizon, crypto whales are on the lookout for fresh altcoins with standout features—and JetBolt (JBOLT) is quickly becoming the rising underdog. Since its presale launch in August 2024, JetBolt has sold over 41 million tokens or nearly $465,000. This strong start is putting JetBolt on the map, with many crypto enthusiasts believing that it could be the best altcoin to buy for 2025. 

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In a crypto space where fees can be a major pain, JetBolt’s fee-free setup is a game-changer, both for everyday users and developers. Developers can now build dApps without having to worry about gas fees eating into their projects. This revolutionary feature is also a cutting-edge advantage for any crypto whale on the lookout for altcoin acquisitions that won’t break the bank.

JetBolt’s staking program takes a fresh approach by letting stakers earn even more when they invite friends to join the presale. This exciting program makes staking more interactive, turning it into a shared journey among JetBolt users.

Add in JetBolt’s Alpha Box packages, where early presale buyers can get up to 25% in bonus tokens, it’s no surprise that whales are scooping up JetBolt tokens ahead of the next market rally.

Why Crypto Whales are Buying, XRP, SOL, Ethereum, and JetBolt ahead of the Bull Run

Conclusion: Will These Whale-Backed Coins Lead the Next Bull Run?

As crypto whales place their bets on XRP, Solana, Ethereum, and JetBolt, it’s clear that each of these assets brings unique strengths to the table. From XRP’s anticipated legal developments to Solana’s potential ETF boost, Ethereum’s network upgrades, and JetBolt’s Zero-Gas model and thriving presale numbers, each altcoin offers compelling reasons for whale interest. 

With the next bull run on the horizon, a few crypto analysts have suggested that these whale-backed cryptocurrencies may just shape the future of crypto. Will they deliver on whale expectations in 2025 and beyond? 

Stay updated on JetBolt by visiting their official website here

This article is informational only and not financial advice. Cryptocurrencies carry risks, and market conditions can change rapidly. Always research thoroughly before purchasing a crypto coin or token.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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