banner image

Category: Crypto News, News

Solana Price Prediction: Can SOL Hit $300 in Post Election Surge Amidst JetBolt’s Momentum

Solana (SOL) attempts to dominate the crypto charts and is setting new records. SOL now appears to be surging, courtesy of a minor post election crypto bull run. As of writing, Solana is changing hands at $202.41, its highest level since July. SOL’s 7-day uptick of over 20% has sparked market bets on an ambitious target of $300.

As Solana rises, next-gen altcoin JetBolt (JBOLT) continues its uptrend, drawing attention from whales with its zero gas technology and other innovative features revolutionizing the experience of blockchain users.

Can this post-election surge help Solana sustain its rally and hit $300 amidst JetBolt’s growing momentum? Read on as we take a closer look.

Can SOL to Hit $300 as ETF Approval Chances Rise with Trump’s Re-election?

The Solana price rally has been strong, posting a double-digit surge above $200. Analysts say this level may put SOL on track to reclaim its year-to-date high of $210.03.

Graph from CoinMarketCap Showing the 5-day Price Performance of SOL

According to BeInCrypto analysts, Solana’s trading volume reached a three-month high of $8.33 billion when it became imminent that Trump was winning. Earlier today, SOL’s market cap rose to a high of over $89 billion. In doing so, Solana surpassed BNB, once again becoming the fourth largest cryptocurrency by market capitalization.

When news broke in mid-2024 that a SOL ETF approval was in the offing, Solana started to gain traction. It is currently trading above its 20-day exponential moving average (EMA), signaling a bullish momentum. Several companies like Canary Capital, VanEck, and 21Shares have applied for a Solana ETF following the successful launch of Ethereum Funds a few months ago.

banner image

Solana’s Relative Strength Index (RSI) of 66.87 as of writing, further supports this bullish outlook. Buying pressure is likely driving the altcoin’s upward momentum, but the current RSI indicator shows SOL is not yet in the overbought region, with ample room for further growth.

As whales survey the field and look at younger altcoins beyond Solana, next-gen altcoin JetBolt emerges as one of the newest crypto gems.

JetBolt, a Rising Star to Contend Post-election Surge

Within the post-election cryptocurrency market, JetBolt (JBOLT) is an emerging new altcoin that’s enjoying rising popularity, thanks to its state-of-the-art zero gas technology.

Apart from eliminating gas fees, which have burdened users across other blockchain platforms like, JetBolt rolls out a fully functional ecosystem even during its presale phase. This has helped create a rising interest among crypto users, including whales eager to tap into JetBolt’s suite of leading-edge technologies.

Combining token staking and online social interaction, JetBolt introduces its social-fi staking mechanism which enhances regular staking activities by enabling users to connect with friends within the platform and earn rewards by doing so.

With over 42 million tokens sold, JetBolt’s ongoing presale continues to attract early adopters and whales with perks like exclusive Alpha Boxes. These special packages and batch purchases allow buyers to enjoy up to 25% additional tokens at presale.

Boasting exciting features like zero gas technology and other Web3 enhancements, JetBolt seems all set to revolutionize the cryptocurrency landscape. As JetBolt’s momentum continues to widen, a growing number of market observers are watching this new altcoin and rising crypto star.

JetBolt, a Rising Star to Contend Post-election Surge

Conclusion: Will Solana $300 Breakout Happen Soon, and will JetBolt Momentum Intensify in Post-Election Surge?

The tech indicators of Solana have analysts suggesting that the prevailing bullish perspective might continue in the near term. It remains to be seen though if SOL can break beyond the $193.34 level, the remaining hurdle before it reclaims its year-to-date record of $210.03. Analysts suggest further that if SOL’s ETF gets the green light, hitting higher price levels may be a reality, but predicting if it can pass $300 is unknown.

Emerging as an exhilarating newcomer to the altcoin space, JetBolt (JBOLT) brings fresh technological innovations and enhanced utility in the Web3 space. This young altcoin’s zero gas tech, user-friendly functionality, and socially-enhanced staking mechanism are only a few of the features causing its presale splash to reach fever-high and stir up the crypto market.

To find out more about JetBolt and its unique attributes, visit the links below:

JetBolt’s Website: https://jetbolt.io/
X/Twitter Account: https://x.com/jetboltofficial
Telegram of JBOLT: https://t.me/jetboltcoin

Remember, this content is not financial advice. Any and all cryptocurrencies are volatile and carry risks. Readers should always conduct their own research before engaging with any cryptocurrencies.


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 link

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Leave A Comment