Solana Price Prediction: Can SOL Break $500 In Bull Run As JetBolt Whale Frenzy Continues

November 26, 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 is making headlines after a 37.91% surge over the past month, trading at $236.73, and sparking debates among crypto natives as they ask: can SOL break $500 in the next bull run? Meanwhile, another altcoin, JetBolt (JBOLT) is turning heads with its presale frenzy, selling over 100 million tokens and impressing crypto whales with zero-gas tech and user-friendly blockchain solutions.

With Solana shattering DEX volume records and JetBolt attracting whale activity at a rapid pace, both altcoins are receiving increased interest as bullish momentum heightens. But can Solana sustain its momentum, and will JetBolt’s whale frenzy show no signs of slowing down?

Let’s dive into the trends driving Solana’s latest price predictions and JetBolt’s growing buzz as we approach the next crypto bull run.

Solana Price Prediction: Can SOL Break $500 In Bull Run?

Solana’s decentralized exchange (DEX) volume reached over $100 billion in November, setting new records for the network. The recent SOL memecoin frenzy has further boosted activity, attracting both whales and newer users. As a result, Solana remains a leader in the altcoin market, outpacing even older rivals like Ethereum in DEX trade volume.

Monthly DEX volumes across major blockchain networks (Source: DefiLlama)

Monthly DEX volumes across major blockchain networks (Source: DefiLlama)

From a technical perspective, SOL shows signs of strength. Solana’s price recently broke out of a rounded-bottom pattern on the weekly chart. This bullish pattern might suggest SOL could reach $300 in the short term, but resistance at $264.39 may slow any further gains. 

Soalna’s Relative Strength Index (RSI) sits at 70, signaling that SOL is approaching overbought conditions. If selling pressure increases, Solana could drop to $213.53, a key support level.  

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Reaching $500 would require several catalysts. Solana would need continued whale accumulation, strong network activity, and a broader market rally. Institutional interest and partnerships could also drive SOL higher. While $500 is ambitious, Solana’s track record shows that high growth spurs have previously been achieved during past market peaks.  

As Solana builds momentum, other altcoins like JetBolt are also capturing attention. JetBolt’s innovative blend of Web3 tech and utility makes it a new token being increasingly explored.

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JetBolt Whale Frenzy Continues: Over 100M JBOLT Tokens During Presale

JetBolt (JBOLT) is generating a buzz in the crypto world, and its presale success tells the story. With over 100 million tokens sold, JetBolt is capturing the attention of whales and enthusiasts alike. 

Built on the Skale network, JetBolt addresses key challenges in blockchain technology with zero-gas technology, simplified staking, and an intuitive Web3 wallet. These features are positioning JetBolt as a potential game-changer in the decentralized ecosystem.

The zero-gas fee mechanism is one of JetBolt’s standout innovations. By eliminating gas fees, JetBolt offers a disruptive Web3 edge, even for everyday blockchain interactions. 

This development appeals to users frustrated with high gas costs on traditional networks, making it likewise ideal for developers who may want to also be unburdened by gas friction. By eliminating gas fees from blockchain interactions, JetBolt’s zero gas feature makes crypto technology more accessible to a broader audience.

Another key feature driving JetBolt’s appeal is its integrated Web3 wallet. Unlike traditional crypto wallets, which can be overwhelming, JetBolt’s wallet emphasizes user-friendliness. 

Features like FaceID authentication streamline user interactions, making it easy even for newcomers with no Web3 experience. Developers also benefit from seamless dApp compatibility, which allows for faster integrations and a better user experience overall.

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JetBolt also shines in its approach to staking. Moving beyond standard staking models, JetBolt gives additional rewards for user engagement and interaction within its ecosystem. 

Whales are clearly taking notice. The presale, with its daily price increases and exclusive perks like Alpha Boxes, has fueled a wave of excitement and interest.

With its innovative features and growing presale momentum, JetBolt could emerge alongside the leading new names in the next bull run. 

SOL Price Prediction: Can SOL Break $500 In Bull Run As JetBolt Whale Frenzy Continues

Final Thoughts: Can SOL Break $500 In Bull Run As JetBolt Whale Frenzy Continues

Solana continues to dominate with record-breaking DEX volumes and bullish technical patterns, hinting at the possibility that SOL could reach higher price levels if broader cryptocurrency market conditions align. Meanwhile, JetBolt has captivated the market with over 100 million tokens sold in its presale. Zero gas fees, an intuitive Web3 wallet, and a socially connected staking model position JetBolt as one of the upcoming transformative forces in blockchain innovation. 

As Solana navigates its path toward higher highs, JetBolt’s momentum signals a bold new direction in crypto accessibility and utility.

Check out the following sources to learn more about JetBolt: 

JetBolt’s Website: https://jetbolt.io/

JetBolt on X: https://x.com/jetboltofficial

JetBolt’s Telegram: https://t.me/jetboltcoin

No part of this article is meant to offer financial advice. As all crypto assets are volatile, readers should conduct their own research before acquiring any cryptocurrency.

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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