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Cryptocurrency News Articles
Solana (SOL) Heats Up as JetBolt (JBOLT) Emerges with Zero-Gas Technology, Attracting Crypto Whales
Nov 02, 2024 at 04:00 am
Solana (SOL) is heating up with TradingView's technical analysis signaling a strong buy recommendation. Adding to the excitement is First Digital Group's announcement regarding the deployment of its stablecoin, First Digital USD (FDUSD), on the Solana blockchain.
Solana (SOL) is showing signs of strength as it continues its positive upward trend. According to TradingView’s technical analysis, SOL is generating a strong buy recommendation. This analysis is based on several key technical indicators, including Momentum (10) and MACD Level.
Solana’s price gains and TradingView’s technical analysis are attracting attention, as are other emerging altcoins in the market. JetBolt (JBOLT) has reportedly sold over 41 million tokens since its recent launch, thanks to its innovative Zero Gas Technology. Crypto whales are said to be flocking to this new altcoin.
Let's explore Solana’s strong buy analysis and uncover why crypto whales are showing interest in JetBolt.
Solana Generates Strong Buy Recommendation from TradingView’s Technical Analysis
Solana has been generating a lot of buzz recently, and for good reason. The cryptocurrency has been on a positive upward trend, and it's currently trading at $174.30 with a trading volume of $3.5 billion. Data shows that Solana's price has increased by 14.5% over the past two weeks and 11.2% over the past month.
Solana (SOL) is showing strong bullish signals according to key technical indicators. Its Momentum (10) indicator stands at 8.07, which suggests a buy signal, reflecting positive price movement and increased buying interest over the short term.
https://x.com/thecryptobasic
Moreover, the MACD Level is at 7.64, also indicating a buy. This MACD level shows that Solana’s short-term price action is trending above its longer-term average, suggesting continued upward momentum and potentially stronger gains ahead. Together, these indicators point to sustained positive momentum for Solana, signaling favorable conditions for buyers.
Solana fans are also keeping a close eye on the integration of First Digital USD (FDUSD) into the Solana blockchain. Vincent Chok, CEO of First Digital, announced the addition of FDUSD to Solana's robust infrastructure, which will enable the stablecoin to support more financial use cases and provide greater value through faster and more efficient transactions.
Echoing this sentiment, Lily Liu, President of the Solana Foundation, welcomed FDUSD, highlighting Solana's focus on blockchain scalability, which aligns with real-world on-chain financial innovations.
As Solana shows signs of an upward trend, several crypto whales are exploring other emerging players with innovative Web3 technology in their search for young altcoins that could follow Solana's successful path. One of these rising stars is the new altcoin JetBolt (JBOLT) that boasts zero-gas technology.
Next Generation Altcoin JetBolt Sells 41 Million Tokens During Presale
While Solana enters buying territory, a new player, JetBolt (JBOLT), is quickly climbing the ranks. Despite being relatively new to the market, JetBolt has already captured the attention of crypto whales with over 41 million tokens sold within three months.
JetBolt made a splash in the crypto scene with its trending presale, where it has sold over $440,000 worth of tokens since its recent launch. One of JetBolt's standout features is its groundbreaking zero-gas technology, enabling seamless transactions without gas fees. This JetBolt innovation addresses a major barrier to crypto adoption - high gas fees - by offering a gas-free transaction experience.
Adding to the excitement, JetBolt's AI-powered news and insights tool allows JetBolt holders to get information on the latest crypto developments and explore top-trending cryptocurrencies.
Moreover, early presale adopters can get up to 25% bonus tokens with batch purchases through exclusive Alpha Boxes, further enhancing the JetBolt presale's appeal.
With the growing momentum of its presale, JetBolt is showcasing the appeal of next-gen altcoins that bring practical, cutting-edge features to the crypto space.
Final Thoughts: A Tale of Momentum and Innovation in the Crypto Space
Solana's strong technical indicators and the addition of FDUSD highlight its commitment to scalability, efficiency, and expanding blockchain utility, solidifying its position as a top choice for those seeking high-performance networks.
At the same time, JetBolt's innovative zero-gas technology and successful presale point to the growing demand for new altcoins that solve real-world blockchain challenges, such as high transaction fees.
Both Solana and JetBolt reflect the market's drive toward more scalable, efficient, and user-friendly blockchain solutions.
If you want to learn more about JetBolt, visit:
Official JetBolt Website
Telegram Channel
X/Twitter Page
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