|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Solana (SOL) Rockets 16%: A Bullish Rally Takes Shape
Sep 25, 2024 at 07:25 pm
Solana has soared 16% recently, and is now flying high with its current trading price of $151. SOL will continue to experience a bullish trend
Solana (SOL) price showed signs of strength on Monday as it surged 16% following a recent rally. The uptrend was fueled by increased on-chain activity, breaking news on Solana’s new smartphone, and a strong performance by a Solana-based project called JetBolt (JBOLT) in its presale.
Solana (SOL) Rockets 16%: A Bullish Rally Takes Shape
Solana price soared 16% on Monday, reaching a trading price of $151. The uptrend was supported by strong technical indicators, with SOL trading above the 200-day Exponential Moving Average (EMA).
After breaking above the upper end of its consolidation range between $141 and $150, Solana price briefly crossed the $153.2 price level. The recent price surge also coincided with breaking news on Solana’s new smartphone, which contributed to the bullish momentum.
Recent analysis suggested that Solana might be in a Wave 4 correction. If the price continues to rise, it could reach $179. However, crypto analysts also observed SOL closing higher at $151.5, which would trigger bigger rallies and push the price towards its next resistance levels of $160 and $179.
Over the last 24 hours, Solana’s trading volume also increased by 25%, indicating heightened interest and activities in the market.
Solana (SOL) Whales Fueling JetBolt (JBOLT)’s Presale Growth
JetBolt presale sales surged past the $180,000 mark, attracting the attention of Solana whales who participated in the presale.
With its zero gas technology and unique Alpha Boxes, which grant up to 25% extra JBOLT tokens to batch token buyers, JetBolt presale has resonated with large Solana holders.
As Solana price continued to rally, some holders diversified into JetBolt, reflecting growing confidence in this new token.
Similar to how Solana gained the spotlight in its early days, JetBolt’s strong presale performance captured attention from the broader crypto community from the get go.
Can JBOLT Surpass SOL?
Solana price may have already solidified its position as a top cryptocurrency, but JetBolt quickly captured the limelight with features like zero gas technology and AI functionality.
While SOL’s market dominance makes it unlikely for JBOLT to surpass it in the near term, the increasing interest from Solana whales and growing presale activity suggest that JetBolt is establishing itself as a strong contender in the crypto space.
With its rapid development, JetBolt could soon challenge established players like Solana, especially in niche areas like fee-less transactions.
Conclusion: Solana (SOL) and JetBolt (JBOLT) on the Rise
Solana price rallied 16%, sparking interest in the JetBolt presale and driving up both tokens.
The outstanding performance of Solana, which boasts strong technical signals, suggests that it will continue to lead the crypto space.
Meanwhile, JetBolt’s innovative features, such as zero gas technology and exclusive Alpha Box packages, have made it a standout among new altcoins. Both coins could make an impact that is worth watching closely in the coming months as Solana whales propel JetBolt’s early development.
You can learn more about JetBolt and its presale in the links below:
Website: https://jetbolt.io/
Whitepaper: https://jetbolt.io/whitepaper.pdf?v=1x
X(formerly Twitter): https://x.com/jetboltofficial
Telegram: https://t.me/jetboltcoin
This article is not financial advice. Cryptocurrencies are volatile, and you should always do your own research (DYOR) before making any crypto-related decisions. Keep in mind that JetBolt tokens may not be resellable or traded on major exchanges yet.
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- USTC Might Soon Hit $0.081, as the Token Successfully Breaks Out of Multiple Resistive Trends: Javon Marks
- Sep 26, 2024 at 12:20 am
- In a tweet, popular analyst Javon Marks expressed his bullish stance on the USTC coin, forecasting a significant increase.
-
- Fallen Fave Cardano (ADA): A Challenging Year; Gamechanger GEGG: A Shifting The Landscape
- Sep 26, 2024 at 12:20 am
- As Cardano (ADA) struggles to gain significant momentum in 2024, crypto investors are turning their attention to emerging projects such as GoodEgg (GEGG) and BlockDag (BDAG).
-
- Raboo (RBOO) Overshadows XRP and Aptos as the Best Crypto Investment for Explosive Gains in 2024
- Sep 26, 2024 at 12:20 am
- For the next bull run, investors are turning their attention to established players like XRP and newer contenders like Aptos. Both coins present solid investment cases, but which one will deliver the most explosive returns? With experts weighing in on each project's potential, debate across crypto market news sources is intensifying. However, Raboo, an emerging player in the meme coin space, could overshadow them both in terms of growth potential.
-
- GoodEgg Token (GEGG): A Futuristic Play-to-Date Crypto That Has Attracted a Cardano (ADA) Millionaire
- Sep 26, 2024 at 12:20 am
- As Cardano (ADA) prepares for a potential surge, GoodEgg (GEGG) is capturing the imagination of high-profile investors
-
- OKX Wallet Launches 'Avalanche DeFi Season' Campaign Featuring a 15,000 AVAX Reward Pool
- Sep 26, 2024 at 12:20 am
- SINGAPORE, Sept. 25, 2024 (GLOBE NEWSWIRE) -- OKX, global Web3 technology company, has issued updates for September 25, 2024.
-
- Bitcoin Critic Peter Schiff Explains Why He Thinks BTC Is Not as Useful as Gold and Oil
- Sep 26, 2024 at 12:20 am
- In response to a pro-Bitcoin investors' statement, prominent Bitcoin critic and gold advocate Peter Schiff expressed his opinions on the cryptocurrency's lack of usefulness.
-
- Binance Charity Pledges $1.5 Million in BNB to Support Storm Boris Flood Victims in Central Europe
- Sep 26, 2024 at 12:20 am
- Binance Charity is providing up to $1.5 million in Binance Coin (BNB) to support affected users by the catastrophic flooding in Central Europe caused by
-
- Rollblock (RBLK) GambleFi Platform Could Surpass BNB and Solana, Crypto Analysts Agree with ChatGPT
- Sep 26, 2024 at 12:20 am
- Crypto analysts are aligning with ChatGPT’s forecasts, which position Rollblock (RBLK) as the next promising contender to bypass popular cryptocurrencies like
-
- Solana, Sui, and Cutoshi: Which Altcoins Are Primed to Enter a New Mind-Blowing Rally?
- Sep 26, 2024 at 12:20 am
- Crypto fans are all fired up about three hot altcoins ahead of the next big rally: Solana (SOL), Sui (SUI), and the new DeFi meme coin, Cutoshi (CUTO).