Solana’s recent price actions have led market experts and traders to the edge of their seats. Despite Solana’s recent key developments, like its tokenized trading on Kraken, anticipation for the Firedancer upgrade, and the Agave 2.0 release, traders were left to revisit their Solana price predictions as the coin slips below 7.9% within the last 14 days. 

Enter JetBolt (JBOLT), a fresh altcoin drawing attention with over 356 million tokens sold and more than $3.2 million in presales. Designed to deliver a low-friction crypto experience, JetBolt eliminates gas fees and offers near-instant transactions, sparking interest from crypto whales and buyers looking for next-gen technologies.

Can Solana turn its pullback around, or will SOL keep dipping? Could JetBolt surpass its recent presale volume? Let’s uncover the latest key developments surrounding these two trending altcoins.

Why is Solana Down Today? SOL Loses 10% Since End of May

Solana remains one of the busiest networks in the space even as its price hovers near $155. After reaching a mid-May high around $178, SOL has pulled back as traders took profits and broader market swings introduced volatility. This pullback brought on a wave of bearish Solana price predictions, with market observers monitoring how the token’s price actions will play out in the coming weeks.

Solana’s TVL over the past 14 days. Source: DefiLlama

DefiLlama’s data shows that SOL’s DeFi usage cooled, with its Total Locked Value (TVL) dropping from $7.8 billion to about $6 billion in late May. Despite the decline in locked value, some industry reports suggest that Solana’s application revenue still climbed. 

Institutional interest stays strong. Kraken’s tokenized stock trading on Solana and new KYC-ready credentials underline growing real-world integration. Upcoming upgrades, such as the Agave 2.2 release and the Firedancer client, are also keeping investors interested.

Solana’s current price movements show bearish trends over the past month. Source: CoinGecko

At $156, down 1.5% over the past 24 hours, Solana has dropped more than 10% in the past week. Nevertheless, whales are accumulating around the $150 level, and SOL still shows an 8.1% gain over 30 days, signaling confidence as upgrades approach.

Still, Solana’s recent price dip has blockchain experts questioning whether any catalyst can reverse the bearish trend and help it regain momentum in the coming weeks.

JetBolt Magnetizes Crypto Whales With Over $3.2 Million Presale Revenue

JetBolt is turning heads in the altcoin world, drawing massive attention with over 356 million tokens sold and more than $3.2 million in presales. Running on Skale, JetBolt eliminates gas fees and offers near-instant finality—a rare feature that most early-stage altcoins have yet to deliver.

Thanks to the integrated JetBolt wallet, users get instant custody of their tokens, enabling holders to dive into staking or explore the ecosystem right away. 

Beyond its seamless transactions, JetBolt’s AI-driven news hub displays multiple crypto headlines tagged by sentiment. JetBolt’s social staking protocol also adds a twist to traditional staking. By locking up JBOLT tokens and engaging with the platform, users unlock extra rewards.

JetBolt’s developer environment is built for ease and innovation: its ERC20-compliant tokens on an EVM-compatible Skale chain let developers integrate seamlessly. Open-source sample code and resources on the public GitHub foster collaboration, empowering creators to build everything from SocialFi dApps to GameFi experiences.

JetBolt’s Alpha Box bundles sweeten the deal, rewarding buyers with up to 25% extra tokens. Don’t miss out on these exclusive discounts!

With zero gas fees, high speed, and instant finality, JetBolt is an ideal hub for various blockchain use cases. With each new presale milestone, JetBolt cements its position as a top early-stage altcoin worth watching in 2025.

Final Thoughts

Solana’s recent pullback has traders wondering whether upcoming upgrades like Agave 2.2 and the Firedancer client can spark a rebound. Institutional moves—like Kraken’s tokenized stocks—and growing KYC integration add tailwinds, even as TVL dips.

As Solana price predictions focus on its consolidation phase, JetBolt’s presale—over $3.2 million worth of tokens sold—shows growing demand for next-gen altcoins. JetBolt’s Zero-Gas Technology and other live features set it apart from previous emerging altcoins. 

Check out JetBolt’s live features and presale exclusives today by visiting jetbolt.io. 

This article is not financial advice. It is not a recommendation or advice to buy or sell any cryptocurrency. Cryptocurrencies can be highly volatile, and past performance does not guarantee future results. Be aware of the risks before making a crypto-related decision.