Whales Are Buying Solana (SOL), Kaspa (KAS), Toncoin (TON), and JetBolt (JBOLT) For the Bull Run

With a potential bull run on the horizon, whales are out buying certain crypto coins: Solana (SOL), Kaspa (KAS), Toncoin (TON), and the rapidly rising star JetBolt (JBOLT).

As crypto whales prepare for a potential bull run, their buying activity reveals a keen interest in specific coins and tokens. Among them, Solana (SOL), Kaspa (KAS), Toncoin (TON), and the rapidly rising star JetBolt (JBOLT) have caught the attention of large investors.

Solana, the smart contract platform, is eyeing a potential return to its all-time high. As of press time, SOL is trading at $240.51, just 7.6% below its previous landmark high of $259.96, reached in November 2021.

Recently, asset manager Bitwise filed an ETF application for Solana, joining VanEck and Canary Capital, both of which have proposed Solana spot ETFs this year. If approved, these ETFs could significantly enhance SOL’s price performance by attracting increased investor interest.

With such developments, some analysts suggest SOL could replicate its 2021 highs, with some setting ambitious targets ahead of the potential bull run. However, for SOL to revisit or surpass its ATH, it must first clear the critical $250 resistance level. The SOL price also needs to sustain levels above $230 to regain strong bullish momentum.

Kaspa, a proof-of-work cryptocurrency, is nearing its ATH of $0.20, which it achieved in August 2024. At press time, KAS is trading at $0.15, breaking above the $0.10 mark, its lowest price at the start of November 2024.

Kaspa’s recent price surge could be partly driven by its recent listing on Kraken, one of the largest crypto exchanges with an extensive user base. Additionally, Kaspa’s price movement reflects growing investor interest in proof-of-work (PoW) cryptocurrencies, coinciding with Bitcoin’s ongoing bullish momentum.

While older-gen tokens remain relevant in the crypto market with their impressive price climbs, next-gen altcoin JetBolt ignites whale and buyers’ excitement for its groundbreaking innovations.

Ahead of the potential bull run, whales and buyers are accumulating JetBolt tokens, intrigued by its cutting-edge features and use of zero-gas technology. This feature allows users to make transactions without the hassles of paying hefty gas fees. But that’s not all. Developers also benefit from this zero-gas tech feature as they can possibly create dApps without the burden of gas fees for their users.

JetBolt also makes staking less complex and fun with its crypto-staking utility. Stakers can earn crypto and earn even more when connecting and engaging with friends on the platform.

In addition to these game-changing features, JetBolt offers presale advantages for early buyers. They can get up to 25% bonus tokens by purchasing Alpha Boxes or buying JBOLT tokens in batches.

With such exciting presale perks and innovative features, it’s no surprise that JetBolt has sold over 66 million tokens since its presale commenced—a testament to its massive appeal among whales and buyers ahead of the upcoming bull run.

Toncoin’s press time price is $5.47, up by 13.5% and 1.6% over the past two weeks and seven days, respectively. This notable price appreciation is taking place alongside Toncoin’s rising number of users and transactions.

The latest data from Tonstat reveals that TON’s number of on-chain activated wallets increased to over 34.26 million, a significant jump from 1.08 million in January 2024.

TON recently released the v2024.10 update to reduce network traffic and improve reliability for developers and users. Analysts suggest these developments could fuel Toncoin’s continued uptrend in the coming weeks.