XRP, Solana (SOL), Cardano (ADA), and Young Altcoin JetBolt (JBOLT) Emerge as Top Contenders for the Altcoins That Will Lead the 2024 Bull Run

XRP smashed the $1 mark and briefly peaked at $1.63 last week while Solana zoomed past its $260 all-time high (ATH) price during the same period.

As the crypto market gears up for the bull run of 2024, several altcoins are vying for the top spot. Among them, XRP, Solana (SOL), Cardano (ADA), and the new altcoin JetBolt (JBOLT) are emerging as strong contenders.

Last week, XRP smashed the $1 mark and briefly peaked at $1.63. At the same time, Solana zoomed past its all-time high (ATH) price of $260. Meanwhile, Cardano surged by 170% in November.

On the other hand, JetBolt has sold an impressive 100 million tokens in its presale. Now, the crypto landscape braces for an epic four-way battle — XRP vs Solana vs Cardano vs JetBolt — to determine which altcoin will lead the bull run.

Here's a closer look at each of these altcoins and their strategies:

1. XRP: Can It Still Hit the $2 Mark?After breaking through the $1 mark and briefly touching $1.63 last week, XRP experienced a recent pullback as its price settles at $1.42 today. However, analysts speculate that XRP might be gearing up for an explosive rally after the recent dip.

Over the last 24 hours, XRP's price experienced a decline of over 11%, fluctuating between $1.45 and $1.29. This recent bearish movement also impacted XRP's week-to-date performance, with Ripple Labs’ top coin now down 23% from its recent multi-year high of $1.6216.

Institutions are showing growing interest in XRP. Ripple notably partnered with Archax to launch the first tokenized money market fund on the XRP ledger. Additionally, Wisdom Tree has filed for an XRP ETF. This initiative with Archax and the increasing number of companies showing interest in XRP could further boost its price performance and spark the rally that may help it hit the $2 mark.

2. Solana: What's Next After DEX Volume Surged to Over $100 Billion?Solana (SOL) is a high-performance blockchain and altcoin known for its scalability and low transaction fees. With a market cap of over $110 billion, Solana is the fourth-largest cryptocurrency by market capitalization. On Monday, SOL made history by crossing the $100 billion threshold in decentralized exchange (DEX) trading for the first time in crypto history.

As the year draws to a close, altcoin analysts remain optimistic over Solana's future. According to CoinCodex, SOL is expected to have a bullish 2025, with some analysts predicting that Solana will trade between $234.38 to $612.38 in 2025.

3. JetBolt: Unleashing the Power of Zero-Gas TechnologyWhile XRP and Solana are mapping out their strategies, a new revolutionary altcoin is shaking up the crypto space with its zero-gas technology and explosive presale: JetBolt (JBOLT).

JetBolt's zero-gas technology is a breakthrough feature that eliminates gas fees. This blockchain innovation, powered by the Skale Network, gives users and Web3 developers a more user-friendly and cost-efficient blockchain experience.

Moreover, JetBolt boasts an AI-powered utility that aggregates the latest market insights and crypto news, keeping users entertained with some of the latest developments across the vast digital asset landscape.

Through its enhanced staking program, JetBolt offers stakers the opportunity to earn more tokens when they connect with friends on the platform. This encourages active participation and potentially makes staking a community experience.

Additionally, JetBolt has additional perks for early buyers who acquire tokens through Alpha Boxes. These special packages offer up to 25% more JBOLT tokens on bulk purchases.

With its array of cutting-edge features and a presale soaring like a rocket ship, JetBolt is solidifying its position as one of the top altcoins that could lead the bull run.

4. Cardano: Is It on Track to Reach $1.50 Soon?Cardano (ADA) has experienced notable gains this month, following Trump’s victory and the confirmation of US SEC Chair Gary Genler’s exit in January 2025. Currently trading at $0.9894, ADA has surged by 170% in November, leading analysts to speculate on a potential breakout at $1.50 in the near term.

Cardano peaked at $1.1520 over the past week, its highest point since April 2022. ADA is currently trading near the 23.6% Fibonacci retracement level, remaining above its 50-week and 100-week moving averages. Analysts suggest that if ADA’s bullish trend continues, Cardano could potentially rise to the 50% retracement level at $1