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Cryptocurrency News Articles
Can XRP Hit $5? Will Solana Reach $500? Trump's Crypto Strategic Reserve Promises Explosive Growth
Mar 04, 2025 at 01:08 am
With the latest news of President Donald Trump announcing a Crypto Strategic Reserve with mentions of XRP (XRP) and Solana (SOL), market observers are wondering if XRP and Solana could grow ten times.
With the latest news of President Donald Trump announcing a Crypto Strategic Reserve with mentions of XRP (XRP) and Solana (SOL), market observers are wondering if XRP and Solana could grow ten times. Following this huge announcement, can it propel XRP and Solana to go crazy?
In other altcoin news, the rising altcoin JetBolt (JBOLT) is creating a loud buzz in the crypto community with its presale that has already sold close to 340 million tokens.This young crypto is generating a new hype with its zero-gas technology and other advanced Web3 features.
Which of the altcoins—XRP, Solana, and JetBolt—should crypto holders buy? And what’s fueling the excitement behind JetBolt’s presale? Let’s uncover.
Can XRP Hit $5?
XRP has reclaimed its third spot in terms of market cap, trading at $2.80 today after an 8.0% decline this month. However, XRP rebounded sharply, surging by 24.3% in the last 24 hours following the announcement of Trump’s Crypto Strategic Reserve, which ignited a boost in the crypto community.
Based on its technical indicators, XRP is currently in a bullish outlook, after breaking above $2.25. This recent gain could signal a stronger buying pressure for XRP. The coin is testing resistance at $2.82, followed by $3.13, if it surpasses the first resistance. $4 is the next price level for traders to watch out for.
According to XRP analysts, the market volatility, the ongoing legal battle against Securities and Exchange Commissions (SEC) and regulations surrounding Ripple Labs present challenges for XRP in reaching this price goal.
However, they also added that some factors are pushing XRP to attain $5. As of the moment, the coin is backed by increased trading volume, a strong market cap, and a rising moving average. XRP has also received a green light from Brazil’s Securities and Exchange Commission (CVM) for Hashdex Nasdaq XRP Index Fund’s XRP exchange-traded fund application (ETF), making it the first-ever spot ETF approval in the country. $4 is the next price level for traders to watch out for.
With its XRP ETF achievement, along with other favorable market conditions, some more bullish analysts believe that XRP could reach $5 by 2030.
Can Solana Reach $500?
After falling to $130 this month, Solana is trading at $169.87 today and has gained 6.9% this week. With Trump’s announcement of the Crypto Strategic Reserve, which includes Solana, SOL spiked by 18.3% in the last 24 hours. But can this momentum push Solana to reach $500?
Solana’s technical indicators suggest a bullish outlook after completing a five-wave Elliott cycle. Solana is encountering a resistance at $171.37, with the next level at $179.92. Analysts suggest SOL is nearing a correction and has the potential for a B-wave bounce, reaching $200 and $220.
For Solana to reach $500, the coin must gain more bullish momentum, break ceilings and milestones, achieve ETF approval, and increase wider adoption. Meanwhile, factors like market volatility, the SEC’s Classification of SOL, challenges in ETF approval, and regulatory risks are still preventing SOL from hitting its ambitious target. If the market condition favors SOL, analysts suggest the sixth-largest cryptocurrency could reach $500 by 2028 or 2030.
What’s Behind JetBolt’s Buying Frenzy of Almost 340 Million Tokens Sold?
While reaching price targets for XRP and Solana seems bleak, a new altcoin is disrupting the crypto space with its cutting-edge blockchain technology: JetBolt (JBOLT).
Powered by the sophisticated Skale Network, JetBolt offers zero-gas technology, having the main function to eliminate gas fees. By removing these gas charges, developers creating decentralized applications (dApps) and other Web3 projects on JetBolt platforms can make on-chain transactions as many times as they want without the hassle of paying for gas costs.
Aside from gas-free transactions, JetBolt also provides streamlined transaction processes, thanks to its lightning-fast transactions and near-instant finality feature. Not only that, JetBolt has a unique Web3 wallet that leverages biometric and facial authentication, allowing users to easily access their accounts and manage their JBOLT tokens.
Another main highlight of JetBolt is its integration of artificial intelligence into its blockchain technology. The high-tech AI utility provides crypto news and stories, sorted automatically based on bullish or bearish sentiment.
Furthermore, JetBolt takes staking to the next level with its Proof of Attendance and Worth protocol. With this
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- Earn up to 20,000 USDT From Cloud Mining? – 5 Best Crypto Cloud Mining Sites,Ultimate Guide 2025
- Mar 04, 2025 at 07:05 am
- Cloud mining is the process of cryptocurrency mining utilizing a remote data center with shared processing power. This type of cloud mining enables users to mine bitcoins or alternative cryptocurrencies without managing the hardware.
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- XRP is Skyrocketing In the Last 24 Hours Following The News That Crypto Will Be Included In U.S. Strategic Reserve – What Does This Mean For Ripple?
- Mar 04, 2025 at 07:05 am
- XRP has surged 30% in the last 24 hours, hitting the $2.93 mark as President Trump confirmed cryptocurrencies, including Ripple, will join the U.S. strategic reserve.
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- Donald Trump's Confirmation That XRP, Solana (SOL) and Cardano (ADA) Will Be Part of the US Crypto Reserve Has Reshaped the Digital Asset Landscape
- Mar 04, 2025 at 07:05 am
- Donald Trump’s confirmation that XRP, Solana (SOL) and Cardano (ADA) will be part of the US Crypto Reserve has reshaped the digital asset landscape.
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