Solana (SOL) Price Projection: Will SOL Hit $400 Under Trump’s Influence as JetBolt Skyrockets

November 11, 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

Solana (SOL) is trading at $213.94, reflecting a 4.3% price increase over the past 24 hours. However, SOL has shown strength over the past week, rising 30.9%, and has skyrocketed by 45% in the last month. Breaking through the $200 is a significant milestone for Solana, one that indicates renewed market interest and potential. As speculation grows around Donald Trump’s return to the White House, investors and enthusiasts alike are questioning how this might impact the cryptocurrency sector. 

Meanwhile, JetBolt (JBOLT)—a newcomer in its presale phase already drawing attention—offers users an enticing zero-gas model and creating a lot of market buzz. Under Trump’s influence, will Solana hit $400 will JetBolt skyrocket?

Will a Second Trump Presidency Help SOL Reach $400?

Recent milestones have strengthened Solana’s reputation as a leading blockchain network, renowned for its swift, affordable transactions. Still, to reach the ambitious $400 mark, Solana will require favorable market conditions, technical resilience, and a supportive regulatory landscape.

Technically, Solana’s current price movement aligns with the Elliott Wave theory, suggesting a wave cycle likely to sustain momentum if specific support levels hold. If Solana can remain above $175.65–$182.40, there’s a chance for further upward momentum. 

A breakthrough past the $216 resistance level and a re-test of its previous high at $260 could help Solana inch closer to the $400 mark, a target that would set it among the top-performing altcoins. However, should Solana’s price dip below $148.69, the bullish pattern may weaken, underscoring the importance of this level for traders.

Solana’s (SOL) price chart over the past seven days, showing a strong upward trend despite daily fluctuations. Source: CoinMarketCap

Solana’s (SOL) price chart over the past seven days, showing a strong upward trend despite daily fluctuations. Source: CoinMarketCap

Trump’s potential influence brings additional interest. Historically, his policies have leaned toward deregulation and economic initiatives that promote high-level innovation and open-market access. 

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If such an approach were to impact crypto policy, it could shift sentiment in favor of high-performing assets, further contributing to market momentum. Given Solana’s robust foundation and strong community support, SOL could benefit from a surge in interest across sectors, from NFTs to decentralized finance.

While Solana’s price dynamics hold appeal, JetBolt’s entrance presents a compelling twist. With its presale momentum and novel zero-gas approach, JetBolt has introduced itself as a project with meaningful utility. Could JetBolt’s arrival impact the broader market?

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What Sets JetBolt Apart in the Altcoin Landscape?

A newcomer in the altcoin world, JetBolt (JBOLT) has quickly turned heads with its exciting presale phase, where over 42 million tokens have been acquired.

A defining feature of JetBolt is its inclusion of zero-gas technology, thanks to this token running on the Skale Network. This feature eliminates the gas fees typical in many other blockchain networks, an issue that has long been a pain point for users. 

By bypassing these fees, JetBolt’s zero-gas tech provides a frictionless experience, allowing users to conduct transactions without incurring additional gas costs. This smooth, accessible framework is especially attractive to those who value cost efficiency and ease of use.

JetBolt doesn’t just offer zero-gas fees; it brings a social angle to staking, adding an interactive layer that enables users to connect. This “social staking” model allows users to increase their rewards by engaging with one another. 

Additionally, JetBolt integrates artificial intelligence to provide its users with curated crypto news. This AI-driven functionality delivers relevant market information, enabling users to stay in the loop with recent and exciting crypto developments. 

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During its presale, JetBolt gives buyers the opportunity to enjoy Alpha Boxes and batch purchase perks, which offer up to 25% bonus JBOLT tokens. These exclusive presale perks have generated enthusiasm, reflecting the appeal of JetBolt’s early access and its user-centered features.

jetbolt 1

The Path Ahead: Solana’s $400 Goal and JetBolt’s Rising Appeal

Solana's recent rally and robust technical indicators highlight its potential to reach ambitious price targets, particularly if favorable economic policies and market conditions align. Trump’s potential influence could prove to be a huge factor. However, for Solana to sustain its climb toward $400, it must maintain key support levels and momentum.

In contrast, JetBolt stands out with its fresh approach: a zero-gas transaction model, community-focused staking, and AI-powered utility. With simplicity, efficiency, and innovation at its core, JetBolt could become a noteworthy player, giving crypto enthusiasts a reason to keep an eye on its journey.

For more details about JetBolt and its ongoing presale, head to the official website

This piece should not be taken as financial advice. Always do your own research before buying any cryptocurrencies. Moreover, it’s crucial to understand all risks and volatility at play in the blockchain realm.

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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