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JetBolt exemplifies the innovative spirit driving the next generation of altcoins, offering cutting-edge solutions to longstanding blockchain challenges like high fees and poor user experiences.
As we enter 2025, Ethereum’s notable market activity is sparking considerable discussion among crypto observers. Trading at $3,398, it recently faced a net selling pressure of over 120K ETH ETH $3 419 24h volatility: 4.6% Market cap: $411.56 B Vol. 24h: $36.55 B , driven by small-scale whales and short-term holders reacting to a market dip. However, large whales have stepped in, accumulating 210K ETH, signaling renewed confidence in the cryptocurrency’s long-term potential.
At the same time, altcoins like JetBolt (JBOLT) are getting attention from savvy whales. With over 250 million tokens sold during its presale, JetBolt is built on the Skale blockchain and features Zero Gas Technology, AI-driven tools, and user-friendly staking. These innovations have made a splash among those seeking cutting-edge blockchain solutions.
Will ETH finally breakout in coming weeks as JetBolt sells millions? Keep on reading as we discuss the latest Ethereum price prediction and what’s driving the hype around JetBolt.
Ethereum has faced mixed market conditions, with over 120,000 ETH sold following a market downturn. Short-term holders and smaller whales contributed heavily to the selling pressure, briefly pushing ETH below the $3,300 level, a 4% drop. However, large whales seized the opportunity, accumulating 210,000 ETH during the dip. While the sell-off hints at potential weakness, the buying activity from major holders underscores confidence in Ethereum’s long-term outlook.
ETH experienced a sharp dip mid-week according to CoinGecko’s price chart
The recent decline triggered panic among some investors, with nearly $400 million worth of ETH flooding exchanges — typically a sign of increased selling. Short-term holders were at the forefront, accounting for losses of over $50 million and shedding 110,000 ETH in just three days. This activity weighed on Ethereum’s derivatives market, leading to over $130 million in liquidations, and also impacted ETFs, which saw outflows of $86.8 million. Yet, amidst this selling, nearly 200,000 ETH was withdrawn from exchanges, signaling renewed accumulation by certain investors.
Looking ahead, Ethereum faces critical resistance near $3,425, strengthened by its 50-day and 100-day moving averages. A sustained rejection could push ETH down to $3,110, aligning with a rounding top pattern. However, strong demand zones between $3,019 and $3,358 may help stabilize prices. Bearish indicators, like a low RSI, point to continued pressure, but oversold signals from the Stochastic Oscillator suggest a recovery could be on the horizon.
Making a fresh entry in the crypto space, JetBolt (JBOLT) surpassed 250 million tokens sold during its presale. This milestone reflects the market’s appetite for innovative altcoins addressing key Web3 challenges, such as high gas fees and slow transaction times.
Built for speed and efficiency, JetBolt’s zero-gas technology and rapid transaction finality are catching the eye of both whales and everyday users. As an alternative to established technologies, JBOLT offers an innovative approach to scalability and cost-effectiveness that appeals to those exploring new opportunities in the crypto ecosystem.
More than saving on gas fees, the JetBolt wallet enhances accessibility with features like WebAuthN and face ID authentication, ensuring a seamless experience for newcomers to crypto. Meanwhile, perks like Alpha Boxes or token batch discounts — offering up to 25% bonus tokens — add to its presale appeal.
JetBolt is steadily building a name of its own by combining innovative technology with user-focused features. While the broader market will influence its future trajectory, its strong presale and unique offerings make it a noteworthy contender in 2025’s competitive crypto landscape.
Ethereum continues to dominate as a cornerstone of the blockchain ecosystem, showing resilience despite recent selling pressure. Large whales remain a stabilizing force, signaling confidence in ETH’s long-term value. Meanwhile, JetBolt exemplifies the innovative spirit driving the next generation of altcoins, offering cutting-edge solutions to longstanding blockchain challenges like high fees and poor user experiences.
Explore JetBolt’s official site to learn more about its presale and innovative features.
Disclaimer: This article is for informational purposes only and does not provide financial advice. Cryptocurrencies carry substantial risks and unpredictability.
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