Beyond the potential bull run, could a “Santa Claus rally” further push Solana (SOL) and young altcoin JetBolt (JBOLT) to new heights? Solana crossed its former all-time high (ATH) to set a new landmark high of $263.83. With its trading volume surging past $100 billion and recent relisting on crypto exchange Bitstamp, market watchers wonder whether it could drive SOL to set a new record at $500.
Meanwhile, the new altcoin JetBolt is exploding into the blockchain scene with over 100 million tokens sold since its presale debut, pulling in buyers curious about its zero-gas technology. Is this young altcoin set to soar in the potential bull run and in December 2024 while Solana races to smash $500? Let’s dive into the details.
Solana Price Forecast: Can SOL Shatter the $500 Mark?
Solana is on a tear lately. Welcoming December 2024 with a press time price of $235.14, SOL has witnessed a notable gain of 40.4% on its monthly price chart.
In November 2024, Solana’s price recorded a peak of $263.83, with a back-to-back historic high on its DEX trading volume valued at over $100 billion. Such developments fueled murmurs of Solana’s capacity to reach $500 before the anticipated bull run takes shape.
Parallel to this, Solana was recently relisted by Bitstamp to its crypto trading options. This listing could give new investors access to the Solana market and help drive its price upward.
Chart of Solana’s (SOL) price over the past month shows it is currently hovering below $250, as per CoinMarketCap data
However, after setting a fresh ATH in November 2024, the SOL price has witnessed a correction. Solana has registered a 6.6% loss over the past week, and it has since struggled to sustain above $250.
With the upcoming holidays, investors may wonder whether holiday optimism could potentially contribute to Solana’s rally. However, Solana needs wider adoption, success with its network upgrades, and other favorable market conditions to continue its sky-high ascent or at least get closer to the $500 mark.
JetBolt (JBOLT) Presale Skyrockets Ahead of the Next Bull Run
As Solana’s breakout at $500 stalls, a new player on the block is piquing the interest of next-gen altcoin enthusiasts and buyers—JetBolt (JBOLT). Young altcoin JetBolt has surged to new heights with its ongoing presale, selling over 100 million tokens as of late.
The enthusiasm surrounding the new altcoin JetBolt has only intensified ahead of the potential bull run. Behind JetBolt’s rapid presale pace are its groundbreaking innovations: game-changing zero-gas technology and an intuitive cryptos-staking platform.
JetBolt’s zero-gas tech feature enables crypto users to make transactions hassle-free, eliminating the long-standing obstacle of expensive gas fees. It also benefits developers, enabling them to build a wide range of blockchain applications without worrying about paying hefty gas costs.
Meanwhile, JetBolt’s crypto-staking platform takes the complexity out of staking tokens. Moreover, it brings a whole new level of fun to staking, as stakers could earn bonus rewards when they connect with friends on the platform.
JetBolt’s presale momentum and features are already driving massive traction to the young altcoin—but that’s not all. Blockchain whales and crypto buyers are eagerly amassing JetBolt tokens early because early acquisition gives them a chance to get up to 25% additional tokens by availing of Alpha Boxes or tokens in batches.
Conclusion — Solana Fresh ATH at $500 While JetBolt Surges Before the Bull Run
Solana could be on a strong upward trajectory, partly driven by its surging trading volume and buyer momentum. However, it could face delays in its $500 price target. While Solana tries to move past its current levels, JetBolt is making remarkable strides in the Web3 space. JetBolt’s explosive presale performance and unique features signal that a new wave of innovation could shake up the market.
Learn more about JetBolt’s innovative features and presale details by visiting:
Official Website: jetbolt.io
Telegram Channel:https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
This article does not offer any financial advice. Always practice caution and conduct thorough research before acquiring any cryptocurrency. All crypto assets are inherently risky and can be volatile.
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.
Source: https://bravenewcoin.com/insights/solana-price-prediction-can-sol-smash-500-as-jetbolt-skyrockets-in-the-bull-run