Solana, XRP, JetBolt: Why Whales Are Buying These Three Coins Before the US Election

The US presidential elections could be a game-changer for the crypto market. While many traders focus on how top cryptocurrencies like Bitcoin (BTC) might respond to election outcomes, whales are accumulating three standout coins: Solana (SOL), Ripple's XRP, and JetBolt (JBOLT). 

Solana has been riding the waves of increased network activity. Meanwhile, XRP is still making headlines with its legal battles, volatility, and recent wins. But standing in the crypto limelight is the newcomer JetBolt, boasting innovative features that could disrupt the Web3 space.

Let's uncover the reasons blockchain whales are buying these three coins. 

Could the Election Spark a Bullish Rally for Solana (SOL)?

Solana has never left the eyes of crypto whales and buyers who want to possess high-utility altcoins in their portfolios. With the elections potentially shaping how things will play out in the crypto landscape, some market observers are wondering if it could trigger a massive rally for SOL.

Earlier this year, Solana was trading at around $105 before shooting up to over $200 in March. While Solana's positive momentum waned during the third quarter, it reclaimed $180 in October. However, as of this writing, SOL is trading at $158.76, down by 2.9% over the past 24 hours. 

Despite the price decline, some analysts are hopeful for positive developments. The Solana network garnered over 123 million monthly active addresses in October—their highest record yet. If SOL maintains its momentum, analysts expect it could soon test highs above $200, rekindling the excitement around its impressive price rally in March. 

Even as Solana’s on-chain activity grows, whales have started to fill their portfolios with new altcoins like JetBolt ahead of the US elections.

XRP Battles Through Legal Hurdles with Resilience

Despite legal scrutiny by the US Securities and Exchange Commission (SEC), Ripple’s XRP continues to attract whale and crypto buyer interest. Recently, XRP’s trading volume skyrocketed by 7.78% over the past 24 hours, from $910.85 million to an astounding $1.05 billion. 

This data suggests big players in the market are accumulating XRP tokens. More importantly, this increase in trading volume has spilled over into XRP's price, which managed to reclaim the make-it-or-break-it $0.50 mark after it dropped to $0.49 some days ago. XRP is trading at $0.5122 as of late. 

While regulatory uncertainties keep Ripple’s XRP on an extremely turbulent path, whales remain undeterred. Market watchers' optimism stems from US presidential candidate Donald Trump's vow to fire SEC Chair Gary Gensler on his first day in office. Meanwhile, Kamala Harris pledged to create a regulatory framework for cryptocurrencies. 

Analysts suggest that a Trump victory could force the regulatory agency to withdraw its appeal in the Ripple case. On the other hand, a triumph by Harris could put a clearer framework for cryptocurrencies, especially those facing legal scrutiny, such as XRP, BNB, and others. The SEC’s appeal-related opening brief was pushed to January 15, 2025, just a few days before Inauguration Day. 

Some experts predict the withdrawal of appeal could propel XRP's price toward the sweet spot of $1. While whales watch these events unfold, they have also started accumulating tokens from the explosive JetBolt presale. 

Whales Rush to Get JetBolt (JBOLT) Tokens

While Solana and XRP navigate a mix of milestones and price fluctuations before the US elections, the trailblazing JetBolt (JBOLT) has experienced a surge in whale activity, selling a whopping 41 million tokens since its launch last August 2024.

Blockchain whales are scooping up JetBolt tokens this November 2024. The not-so-secret behind JetBolt's magnetic appeal? It would be none other than its groundbreaking features.

One of JetBolt’s most striking features is its zero-gas technology. This feature lets crypto users make smooth transactions without dealing with gas fees, a huge plus since high gas fees have long been a pain point for crypto natives. It’s also a game-changer for developers, who can now create all kinds of dApps, NFTs, and games without stressing over high gas fees.

With demand for fresh, innovative altcoins on the rise, JetBolt offers token holders access to high-tech features, such as its AI news and information tool. This feature helps buyers stay updated on the current Web3 trends.

JetBolt’s exclusive presale perks have also caused an influx of whales and crypto buyers. Presale buyers can get as much as 25% additional tokens for availing Alpha Boxes or batch purchases of JetBolt tokens. 

JetBolt is well-positioned to cater to a wide range of crypto natives eager to explore features incorporating the latest tech at attractive rates. 

Conclusion — Whales Buy Solana (SOL), Ripple’s XRP and JetBolt (JBOLT) Tokens

The outcome of the US presidential election could play a big role in the crypto space. Solana and XRP remain pillars as they display unique strengths and continuous appeal among whales, despite their respective challenges. However, JetBolt’s explosive presale shines as it has sold over 41 million tokens—a herculean feat for a young presale coin. With its revolutionary features, JetBolt is a beacon for whales and enthusiasts seeking innovation and early momentum in a single package. 

Official JetBolt Website: jetbolt.io 

Telegram Channel: https://jetbolt.io/telegram  

X/Twitter Page: https://x.com/JetBoltOfficial  

This article does not offer any financial advice. Always practice caution. Conduct in-depth and personal research before acquiring any cryptocurrency. Remember, all cryptocurrencies are inherently risky and volatile.