Solana’s Market Cap Nears All-Time High as Whales Accumulate JetBolt

With Solana’s (SOL) recent price action, some market observers wonder whether SOL could see more impressive price gains as its market capitalization approaches an all-time high. Meanwhile, blockchain whales are flocking to the young altcoin JetBolt, thanks to its stellar presale figures and groundbreaking features like zero-gas technology. Let’s dive into the latest updates on Solana and JetBolt. 

Solana’s Market Cap Nears Peak as Bullish Momentum Builds

Solana (SOL) has been showing steady, modest price pumps recently. Solana (SOL) has been showing steady, modest price pumps recently. After slipping below $140 a few weeks back, SOL is showing strong signs of recovery, climbing to $180. Some analysts suggest that if Solana can maintain this momentum, SOL could be on its way to breaking the $200 mark.

With this fresh development, some market experts are keeping an eye on a few key factors that could drive Solana’s potential rally to $200. One of these is Solana’s market capitalization closing in on an all-time high. Currently, it stands at $84 billion, just $2 billion shy of its record-high of $86 billion achieved in March 2024. 

Additionally, Solana is nearing Binance Coin (BNB) in terms of market cap. Solana’s market cap is only $3 billion away from BNB’s $87 billion, sparking debates on whether SOL could surpass the fourth-largest cryptocurrency soon. 

According to experts, besides nearing its previous high in market cap, Solana’s growing Total Value Locked (TVL) is another positive indicator. Solana’s TVL has surged to $6.433 billion—the highest it’s been in two years, since January 2022.

Market analysts point to Solana’s impressive market capitalization and rising TVL as signs of strength. However, experts noted that while Solana is approaching a significant resistance level near $200, breaking through this mark could require strong buying momentum and favorable market conditions.

While crypto whales eagerly await progress on Solana’s price action, many of them are exploring new altcoins with cutting-edge features and utilities. Among the ones that stand out is the zero-gas coin JetBolt (JBOLT). 

Why Are Whales Accumulating JetBolt (JBOLT)?

While Solana’s market cap races towards its previous record high, JetBolt (JBOLT) is another coin making headlines. Since its presale launch, JetBolt has experienced a surge in whale and crypto buyer interest, selling over 41 million tokens. This is a huge milestone for a young altcoin in its early presale phase. 

Blockchain whales and tech-savvy crypto buyers are drawn to JetBolt’s groundbreaking features. Zero-gas technology is one of its most striking features, which empowers users to carry out hassle-free transactions with no gas fees. 

In addition, JetBolt provides token holders with an AI-powered news and insights tool. In the Web3 space, where staying updated is a significant advantage, this tool helps JetBolt (JBOLT) token holders stay informed about current blockchain trends and developments. 

JetBolt’s unique combination of zero-gas tech and an AI-powered tool makes it a stellar pick for those looking for fresh tokens with cutting-edge utilities. 

Additionally, whales are jumping to the JetBolt presale because of special benefits for early buyers. Presale buyers can enjoy as much as 25% bonus tokens for batch purchases of JetBolt (JBOLT) tokens. 

With its state-of-the-art features and attractive perks for early movers, it’s no wonder that JetBolt is gaining massive traction. 

Conclusion — Solana’s Market Cap Approaches All-Time High While Whales JetBolt 

As Solana’s market cap nears its previous all-time high, some analysts predict further gains, especially as it coincides with the network’s increasing on-chain activity. At the same time, the new altcoin JetBolt witnesses a surge in whale activity as buyers flock to its ongoing presale. With its presale milestone and revolutionary innovations, such as zero-gas technology, JetBolt shines as one of the best crypto presales to watch in 2024. 

Check out the links below to learn more about JetBolt: 

Official Website: jetbolt.io 

Telegram Channel: https://jetbolt.io/telegram  

X/Twitter Page: https://x.com/JetBoltOfficial  

Note: This article is not financial advice. Always conduct thorough and independent research before engaging with any crypto asset. All cryptocurrencies are inherently risky and highly volatile.