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Cryptocurrency News Articles
This Crypto Bull Run Is All About Solana (SOL), Sui (SUI), Kaspa (KAS), and JetBolt (JBOLT)
Nov 18, 2024 at 09:15 pm
This week, Solana (SOL), Sui (SUI), and Kaspa (KAS) are stealing the spotlight with major price surges this crypto bull run.
Solana (SOL), Kaspa (KAS), and Sui (SUI) are among the cryptocurrencies experiencing a price surge during the current bull run. While Solana edges closer to its all-time high and Sui gains momentum, Kaspa's Kraken listing has sparked an 8% spike.
Meanwhile, JetBolt (JBOLT) is turning heads with its zero-gas technology and presale success, attracting crypto whales in large numbers.
Solana (SOL) is currently trading at $240.15, just 7.65% below its all-time high of $260.06. With a market cap of $114.03 billion, SOL recently surged 13% in 24 hours after breaking the $225 resistance level, now targeting $250 to $270.
Solana 24-hour price chart from CoinMarketCap, showing a breakout from $225 resistance
Solana (SOL) price surges 13% following 225 breakout, targeting $250–$270
Key metrics also support bullish momentum, with Solana's ecosystem thriving. The blockchain now leads DEX trading volumes at 33.59% market share, while apps like Raydium and Jito posted record-breaking fees. Institutional interest is also rising, bolstered by spot ETF predictions.
Solana's dominance in DEX trading volume is a key reason whales are flocking to SOL. Add to this its record-breaking app performance and lightning-fast network with low transaction costs, and it's clear why Solana is a magnet for big players this bull run.
While a pullback could occur, Solana's strong network activity and price action make it a top pick among crypto whales this bull run.
Kaspa (KAS) is gaining notable attention in this crypto bull run, having surged 18.9% to $0.1647 following Kraken's announcement to list the token. Technical indicators, including a 10-day moving average above $0.14, reflect bullish momentum, though its RSI at 60.79 suggests a possible pullback.
Meanwhile, Kaspa experienced a volatile 7-day trading journey, dipping to lows near $0.12 before surging over 33% and breaking past $0.16. Kaspa is currently testing resistance at $0.20, a breakout that could propel it to $0.26.
Kaspa (KAS) 7-day price chart from CoinMarketCap, showing a volatile rise from $0.12 to $0.16
Driving whale interest is Kaspa's introduction of the KRC-20 token standard, enabling smart contracts, and its advanced GHOSTDAG proof-of-work consensus. With rising trading volume exceeding $161.91 million, all eyes are on whether Kaspa can sustain its growth and break into new highs.
Kaspa has become a magnet for crypto whales this bull run, drawn by its ability to handle high scalability demands without compromising decentralization.
In the midst of this crypto bull run, JetBolt (JBOLT) has emerged as one of the top choices for whales looking for innovation and efficiency. Since its presale launch in August 2024, JetBolt has already sold over 66 million tokens, showcasing its rising popularity.
JetBolt has distinguished itself with its zero-gas technology, designed to address one of blockchain's longest-standing challenges. Powered by the Skale Network, this revolutionary feature eliminates gas fees entirely. This game-changing approach is paving the way for innovative advancements across dApps, blockchain gaming, SocialFi, and Web3 development.
Beyond its zero-gas innovation, JetBolt also delivers an AI-powered crypto tool that curates the latest market insights and crypto news to keep its users one step ahead of the ever-changing crypto landscape.
On top of that, JetBolt's easy-to-earn staking feature rewards stakers' active participation in the ecosystem. This staking mechanism does not only foster a vibrant and engaged community while earning crypto, but also opens the doors of staking to beginners, made possible by JetBolt's user-centric Web3 wallet.
JetBolt's presale also showcases multiple perks, such as daily price increases and special Alpha Boxes, which reward batch purchases with up to 25% additional JBOLT tokens. These unique bonuses provide an irresistible opportunity for early adopters to enhance their token acquisitions from day one.
With its focus on delivering innovative blockchain solutions, JetBolt's momentum shows no signs of slowing down. The bull run is in full swing, and with its plethora of revolutionary features, it's clear that JetBolt is carving out its place in this bull run as a token to watch.
Sui (SUI) has
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