Solana, Toncoin, JetBolt, and Ethereum are experiencing significant shifts in the on-going post-election crypto rally. Solana (SOL) hit a new milestone last Sunday, breaking above its March-April cycle high of $212 since the bull market peak of 2021. Ethereum (ETH) is aiming to break $3,327, driven by the observed increased appetite among whales. Toncoin (TON) is showing a steady uptick in the last 7 days while JetBolt (JBOLT) is making its presence felt in the altcoin market with a sensational presale of now over 42 million tokens sold.
Are we seeing whale pumps only for older assets like SOL, ETH, and TON? Or could crypto whales also be showing interest in next-generation altcoins like JetBolt? Read on and find out.
Solana (SOL) rose by 34% over the week, and the gains have catapulted SOL to more than $100 billion in market capitalization. Solana has joined the exclusive ranks of the so-called $100 Billion club, along with just three other cryptocurrencies in history who have held above that threshold.
SOL’s milestone has broader implications for the crypto economy, according to Jun Bittel, head of macro research at Global Macro Investor. SOL broke out from over eight months of sideways consolidation, implying that the broader crypto bull market may have entered the most explosive phase with a near vertical rally, often referred to by analysts as the “banana zone”.
Toncoin (TON) is the native coin of Telegram’s blockchain ecosystem or Open Network. Currently, TON is changing hands at $5.42, after gaining 11.86% in the last 7 days.
Toncoin’s steady performance has led to some analysts suggesting that TON will continue with its upward trajectory that could stay above the $5 level if demand grows further. Building an ecosystem with decentralized storage, DNS, anonymous networking, and efficient payment processing, TON’s supporters are optimistic that the asset can gain greater adoption alongside it’s ecosystem amid the crypro market rally.
Revolutionary new token JetBolt (JBOLT) is already rising in popularity among cryptocurrency enthusiasts and whales. With its zero gas technology, this new altcoin adds a fresh perspective to the crypto landscape by eliminating often-restrictive gas fees for its users.
JetBolt continues to stir the blockchain scene with its cutting-edge tech and Web3 utility enhancements. On-chain transactions are lightning-fast, and crypto enthusiasts can get the snippets of market news and trends on JetBolt's integrated AI-aggregation insights tool.
New and seasoned users can excitedly tap into JetBolt's user-centric Web3 wallet which allows holders to seamlessly enjoy the wallet’s Web AuthN face recognition feature.
Through its presale that offers participants the chance to get in ahead of daily price increases, whales and crypto buyers wanting to scale up their holdings can tap into JetBolt's exclusive Alpha Boxes and avail of up to 25% additional JetBolt tokens for batch purchases.
Because of its strong presale performance, JetBolt is already setting itself apart as a revolutionary new token in this bullish, post-election market.
Ethereum whale activity has spiked to a 14-week high, denoting a continued interest among large-scale ETH investors. Over the past week, transactions above $1Million went up to 8,482–the highest since August. ETH’s accumulated whale transaction volume has surpassed the $104 billion cap, heavily impacting the coin’s upward trend.
ETH’s price uptrend reflects a record 31.8% in the past five days, and should Ethereum’s long-term holders (LTHs) opt to hold rather than liquidate, the altcoin’s rally may gain further support. ETH maxis are optimistic that the asset could flip the charts to hurdle a new resistance level of $3,327 in the near term.
The crypto economy is buzzing with exciting possibilities for older coins like Solana, Ethereum, and Toncoin, with whale activities sparking the bullish upswing. Meanwhile, younger altcoin JetBolt is also gaining whale attention and a share of the spotlight with its zero-gas feature and enhanced Web3 user experience.
As the post-election crypto rally gains momentum, both established and innovative newcomers are pushing boundaries. As demand for next-gen coins increases, advancements like JetBolt’s use of zero gas technology are amongst the trending post-election crypto news stories.
Website of JetBolt: jetbolt.io
Twitter: @jetboltofficial
Telegram: Join the JetBolt Community
This content should not be considered as financial advice. Cryptocurrencies are inherently volatile and risky. Readers must do their own research and assess risks involved before engaging in any crypto-related activities.
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