Solana (SOL) peaked at $262.93 today, surpassing its previous record $260 all-time high (ATH), sparking bold predictions that SOL could potentially soon hit the $400 mark. This rally came on the heels of reports suggesting that the SEC has started reviewing proposals for Solana ETFs, driving SOL up by 9.3% in the last day alone. As demand for altcoins like Solana soar, emerging next-generation altcoin JetBolt (JBOLT) is shaking up the crypto space with zero-gas technology and other Web3 innovations. Fueled by groundbreaking technologies, JetBolt’s presale has smashed past 66 million tokens sold.
Can Solana’s new price record rally lead it to smashing the $400 mark? And what’s behind JetBolt’s recent meteoric rise? Let’s dive deeper into the numbers behind the buzz surrounding SOL and JetBolt.
Solana (SOL) has been amongst the most talked about coins in the news. Crypto insiders have been eagerly following the series of new highs and price records which have catapulted SOL to the fourth-largest crypto coin by market .
Currently trading at $261.34, Solana surged by almost 10% over the past 24 hours as it surpassed its previous price record. SOL broke above its all-time high today following reports that the SEC has begun reviewing proposals for Solana ETFs. VanEck, 21Shares, and Canary Capital are amongst the key players that filed S-1 applications for SOL ETFs.
One of the major drivers behind Solana’s formidable price ascent is linked to SOL’s high use in decentralized exchange (DEX) trading, reaching $41.6 billion and accounting for 33.59% of November’s total market volume. Thanks to high volumes of SOL meme coin trading, SOL’s Total Value Locked (TVL) marked a new two-year high at over $6 billion.
Solana’s latest relisting on Robinhood’s platform has also reignited interest among users and investors. Given such an optimistic scenario for Solana, can SOL sustain its rally to eventually smash $400?
As per some analysts, from a technical point of view, a move above the $259.9 resistance level will validate the “cup and handle” pattern. This indicates that SOL could potentially rally by over in the coming weeks. However, the exact scale of the SOL rally is not yet known, and for Solana to reach $400, it would need to undergo a big 1.53x price increase.
While Solana continues with its upward trajectory, young altcoin JetBolt (JBOLT) is loudly stirring up the blockchain world with groundbreaking technologies, making crypto whales and users wonder what’s special about this next-generation token.
JetBolt stands out with zero-gas technology—a revolutionary feature bringing about potentially game-changing advantages for crypto users. This innovation allows users to make transactions without incurring costly gas fees, addressing one of blockchain's most persistent challenges.
Moreover, JetBolt’s staking system has a unique social element—allowing users to enhance their rewards by connecting with friends on the platform. This feature not only potentially augments their earnings but also fosters a more vibrant, community-shared experience.
In a way that improves the user-experience, JetBolt also features an intuitive Web3 wallet, with advanced tech like WebAuthN protocol and face ID recognition.
JetBolt’s presale perks offer an enticing opportunity for early adopters. Buyers can receive up to 25% extra tokens by purchasing Alpha Boxes or JBOLT tokens in batches.
It’s no surprise, then, that JetBolt’s presale has already smashed past 66 million tokens sold, signaling growing interest from blockchain users and crypto whales exploring next-gen altcoins. With its focus on advanced blockchain solutions, JetBolt’s appeal is undeniable, driving its continued meteoric rise as a revolutionary altcoin to watch in the crypto market.
The outlook for Solana has been highly bullish, fueled by a new price high for SOL and fresh news regarding Solana ETF developments. Solana has been wrestling for the last three years with its resistance level of $259.9, but has finally soared past this threshold, prompting SOL maxis to wonder if $400 can be achievable in the long term. If SOL can sustain its upward momentum and break through further resistance, it could potentially surge towards new unknown highs.
As for JetBolt, crypto whales and blockchain insiders recognize that it's a token with a special set of attributes. JetBolt’s meteoric rise is driven by revolutionary zero-gas technology and other Web3 advanced features—blockchain solutions that offer real-world utility and that may enhance the user experience.
You can learn more about JetBolt by:
Visiting JetBolt’s Website: https://jetbolt.io/
Following JetBolt on X: https://x.com/jetboltofficial
Joining JetBolt’s Telegram Channel: https://t.me/jetboltcoin
This article does not offer or contain any financial advice. All crypto assets are volatile and risky. Always conduct research before acquiring any cryptocurrency.
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