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From trading at less than $150 just a few months ago to reaching its notable all-time high (ATH) of $263 on November 23, 2024, Solana SOL $225.2 24h volatility: 0.0% Market cap: $106.98 B Vol. 24h: $8.23 B has been on a remarkable tear. Adding to Solana’s momentum is the recent news about its DEX trading volume reaching a record high of $109 billion. These developments stoked murmurs about SOL’s potential to shatter the $500 mark.
Meanwhile, whales are eagerly accumulating a new and innovative token to prepare for the potential bull run — JetBolt (JBOLT). This next-gen altcoin has a significant milestone that initially captured the interest of whales and buyers — selling over 100 million tokens since its presale debut. Could Solana break through $500, and can JetBolt continue its presale momentum? Let’s dive in.
Solana Price Prediction: Is $500 within Reach for SOL?
Solana (SOL) is having a record-shattering year — quite literally.
Solana smashed through its previous ATH to set a new price record at $263 while also erasing past benchmarks with an astounding $109 billion in DEX trading volume. In another win, Solana’s active addresses hit a landmark high of nearly 25 million in November 2024.
Could Solana’s surging on-chain metrics give SOL the boost it needs to reach $500? Some analysts suggest that Solana would need to sustain its bullish momentum to achieve this ambitious price target.
Chart of Solana’s (SOL) number of active addresses from July 2020 to November 2024 shows a significant increase. Source: blockchain data provider GlassNode studio
However, the journey isn’t smooth. In fact, Solana ended the third week of November 2024 with a slight price drop of 7.1%. After recording a new ATH, Solana’s press time price is $237.
Solana’s large-cap meme coins also displayed notable price dips over the past week, with Bonk and dogwifhat sliding 14.5% and 5.4%, respectively, while viral meme coin PNUT PNUT $1.24 24h volatility: 9.9% Market cap: $1.24 B Vol. 24h: $2.14 B dropped by 17.8%.
In the short term, resistance levels and less favorable market conditions could slow Solana’s ascent, making the $500 fresh surge not achievable yet.
Is JetBolt (JBOLT) the Rising Star of the Next Bull Run?
While Solana may have a long journey toward smashing $500, JetBolt (JBOLT) is cruising the path to becoming one of the rising stars for the next bull run. This young altcoin had an explosive presale that sparked the curiosity of whales and buyers. JetBolt has sold a whopping 100 million tokens since its presale began.
But what’s behind JetBolt’s growing appeal? The meat of the story lies in its cutting-edge innovations: zero-gas technology and a crypto-staking platform. JetBolt’s zero-gas tech feature enables users to make transactions without paying sky-high gas fees — one of the biggest hurdles for crypto users.
But that’s not all the benefits of JetBolt’s revolutionary zero-gas technology. It could also empower developers to create innovative blockchain applications, from SocialFi, to gaming, NFTs, and more.
Moreover, JetBolt’s beginner-friendly crypto-staking platform takes the hassle out of staking tokens. It also makes staking fun by allowing stakers to earn bonus rewards by connecting with friends on the platform.
Beyond game-changing features, JetBolt offers exciting presale perks for early buyers. Blockchain whales and crypto purchasers are eagerly accumulating JetBolt tokens with the benefit of getting up to 25% additional tokens via availing tokens in batches or the Alpha Boxes.
Conclusion: SOL Targets $500 Mark while JetBolt Presale Surges before the Bull Run
Solana’s march toward $500 could be delayed with its recent dip to around $230 and the price drops of large-cap meme coins running on its network. Meanwhile, JetBolt’s rapid ascent captivated the attention of buyers seeking to amass tokens with fresh and advanced features ahead of the potential bull run.
To learn more about JetBolt’s features and presale details, visit the official JetBolt website today.