Donald Trump's victory in the 2024 US presidential election has market watchers speculating about a massive price surge in Solana, XRP, and rising star JetBolt. Solana is eyeing another breakout as its network usage soars, while Ripple’s XRP could benefit from regulatory shifts under a Trump administration. Meanwhile, JetBolt ignites whale excitement with its groundbreaking innovations like zero-gas technology.
Could Trump's return to the White House be the catalyst to drive Solana, XRP, and JetBolt to new heights? Let's explore.
Thanks to rising network usage, Solana's price is nearing $200. SOL is currently trading at $190.89, up 6.3% over the last 24 hours. Analysts anticipate that Trump's victory might push Solana prices above $200.
Solana has experienced a tremendous surge in on-chain transfer volume over the past few days, reaching $224 billion by the end of October.
Other than that, Solana has surpassed Binance Coin (BNB) as the fourth-largest cryptocurrency by market capitalization, with $90.2 billion versus BNB's $87.7 billion. This feat comes after a market-wide rally that saw numerous altcoins leap, with Bitcoin (BTC) reaching a new all-time high above $76,000 a day after the election.
If Solana continues its upward momentum, it could soon break the $200 mark—a level many experts believe is within reach under particular market conditions and if pro-crypto policies are implemented.
Ripple has been embroiled in a lengthy legal battle with the US Securities and Exchange Commission (SEC). However, other analysts suggest that Trump's victory in the election could be a historic turning point for XRP and other cryptocurrencies.
After the election results, XRP saw impressive gains, trading at $0.5641 over the past 24 hours. This was the first time XRP surpassed the $0.55 mark after flirting around $0.50-$0.54 in the past month.
Ripple CEO Brad Garlinghouse congratulated Trump on his win, taking to X to urge Trump to focus on key issues in his first 100 days. Among them? Firing SEC Chair Gary Gensler—something Trump had pledged during his campaign.
The SEC administration under Gensler was responsible for overseeing the four-year-long Ripple-SEC case. With a potential change of leadership in SEC, market watchers expect the agency's stance on crypto will soften in the coming months.
Some experts predict XRP could extend its rally to $0.6640 if the SEC withdraws the filing of its appeal brief on the Ripple case on January 15, 2025. Interestingly, this is just a few days before Inauguration Day.
As whales watch these developments unfold, they continue exploring new-gen tokens with revolutionary features like JetBolt.
Amidst all the attention on Solana and XRP, whales are also setting their sights on the new altcoin JetBolt. JetBolt’s presale sparked significant attention, with over 41 million tokens sold since its launch in August.
Can JetBolt gain traction as Trump’s win reverberates in the crypto market? Not to downplay the impact of the Republican’s success, but JetBolt’s game-changing features could be another reason whales are flocking to its presale.
This young altcoin offers zero-gas technology, a feature that revolutionizes how transactions are made. It empowers users to execute transactions without having to pay forever for gas fees. Hefty gas fees have been one of the hurdles to crypto adoption, especially for users who make frequent small transactions.
Aside from JetBolt’s remarkable features, such as zero-gas tech, its presale perks are capturing the interest of blockchain whales and buyers. Presale buyers can get up to 25% bonus tokens by purchasing JBOLT tokens in batches.
As whales jump to JetBolt, its presale momentum continues to grow, fueled by the election outcome and the interest of crypto natives seeking fresh and innovative coins.
As the election buzz ramps up, Solana, XRP, and JetBolt each have unique advantages that could thrive under a Trump administration. Solana could rocket above $200 with its innovative blockchain capabilities, XRP could benefit from regulatory relief, and JetBolt might be ready to capture the crypto spotlight as a revolutionary new altcoin. Will Trump’s victory trigger a crypto bull run? Only time and other market conditions could tell.
Learn more about JetBolt here:
Website: jetbolt.io
Telegram Channel: https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
This article is not financial advice. Always research thoroughly before buying any cryptocurrency. All crypto assets carry inherent risks and can be highly volatile.
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