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Cryptocurrency News Articles

Crypto Whales Rush to Buy SOL, JBOLT, XRP, and SUI: What's Driving the Accumulation?

Jan 24, 2025 at 11:40 pm

As the crypto market navigates through constant fluctuations, certain altcoins are capturing the interest of major players. Crypto whales are rushing to buy Solana (SOL), JetBolt (JBOLT), XRP, and Sui (SUI), fueling speculation about their long-term potential.

Crypto Whales Rush to Buy SOL, JBOLT, XRP, and SUI: What's Driving the Accumulation?

Crypto whales are making waves in the digital asset realm, and their recent buying spree has placed Solana (SOL), JetBolt (JBOLT), XRP, and Sui (SUI) in the spotlight. These altcoins have captured the attention of major holders, sparking speculation about their long-term potential and driving a surge in whale accumulation.

Solana's Total Value Locked (TVL) Surges Past $10 Billion

Solana's total value locked (TVL) has experienced a remarkable resurgence, surging by $3.5 billion in just three days. This upswing has propelled Solana to the forefront of the decentralized finance (DeFi) space, highlighting its status as a major player in the realm of blockchain applications.

With a total value locked resurgence of $10 billion, Solana's ecosystem has witnessed a renewed surge in activity. This upswing is largely attributed to the rising demand for stablecoins and decentralized applications, which has fueled a surge in network utilization andVITA.

On-chain metrics indicate a 300% increase in transaction activity, leading to record-breaking validator earnings and rising transaction fees. This surge in network usage underscores the growing adoption of SOL's scalable infrastructure, attracting the attention of major holders seeking efficient blockchain solutions.

Crypto Whales Drawn to JetBolt's Presale Success Surpassing 285 Million Tokens

In a fast-paced crypto market where timing and opportunity are paramount, JetBolt (JBOLT) is capturing the attention of crypto whales with its innovative approach to blockchain usability. With over 285 million tokens already sold during its presale, JetBolt's appeal lies in its ability to address longstanding pain points in the industry.

Most notably, JetBolt is renowned for eliminating gas fees through its zero-gas technology, powered by the Skale network. This game-changing feature allows users to enjoy seamless, near-instant transfers without the concern of unpredictable gas costs.

JetBolt's staking platform is another key factor fueling its rising interest. By blending traditional staking with social engagement, JetBolt introduces a way for users to increase their rewards by actively participating within the ecosystem.

Adding to the excitement are JetBolt's presale perks, such as the Alpha Boxes. These allow participants to enjoy up to 25% additional tokens when acquiring JBOLT in batches—an enticing opportunity that many crypto whales are eager to capitalize on.

As JetBolt continues to gain traction, this young altcoin presents a compelling choice for those seeking the next big opportunity in the crypto space.

XRP's Breakout Could Pave Way for a Move Toward $15 as Whale Accumulation Continues

XRP has been making waves in the crypto market, drawing significant interest from whales following a 550% rally since November 5. XRP recently broke out of a multi-year symmetrical triangle pattern on the weekly chart, a technical setup often associated with strong upward momentum.

This breakout, coupled with the bullish technical indicators, could pave the way for a potential move toward the $15 price target, as suggested by some analysts.

XRP's weekly chart published on TradingView showing a symmetrical triangle pattern. Source: Cointelegraph.com

Ripple's ongoing efforts to expand its ecosystem, including the growth of its RLUSD stablecoin and increasing adoption in the Asia-Pacific region, add to XRP's potential. As whales continue accumulating XRP, the combination of market sentiment and fundamental developments positions this altcoin as one to watch closely.

Sui's Potential to Handle Hundreds of Thousands of Transactions Grabs Whales' Attention

Sui has drawn the interest of major holders as it gears up for a transformative year with new technological advancements aimed at improving scalability and efficiency. The introduction of Mysticeti V2, an upgraded consensus mechanism, is expected to enhance transaction speeds and throughput by optimizing validator communication and reducing cryptographic operations.

Scaling efforts are also in the spotlight, with Sui's Remora solution aiming to distribute workloads across multiple machines. This development could potentially allow SUI to process hundreds of thousands of transactions per second while maintaining low fees, positioning the altcoin as a scalable solution for DeFi and gaming applications.

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Other articles published on Jan 25, 2025