With Tron (TRX)’s USD (USDD) stablecoin reaching a new milestone of $200 million in network fees and the growing speculation about Solana (SOL)’s potential exchange-traded fund (ETF) approval, the crypto community is wondering whether these positive developments are enough to push both coins toward their price targets.
Meanwhile, the new altcoin JetBolt (JBOLT) gains traction, hitting its latest presale milestone, reporting over 325 million tokens sold. This young token continues to captivate the crypto market with its zero-gas technology and other innovative blockchain features.
In this analysis of today’s top 3 cryptos, we answer the question: Why are crypto whales mega bullish on JetBolt, Tron, and Solana?
Tron Price Forecast: Can TRX Hit $1?
In stark contrast to its stablecoin’s network fees surging past the $200 million mark, Tron reflects a bearish sentiment, trading at $0.2387 today. According to CoinMarketCap, TRX declined by 2.59% since the last 24 hours, 3.16% this week, and 0.68% this month. Despite the dip by $0.205 on February 3rd, Tron was able to recover and settle at $2.38.
According to analysts, Tron’s journey to $1 is unlikely at the moment as TRX needs to overcome resistance levels at $0.24476, and then at $0.250586.
Currently in the 10th spot, Tron keeps its rank warm with its market cap of $20.36 billion. Overall, analysts believe its high throughput, low transaction fees, and smart contract capabilities are enough reasons why crypto whales continue flocking to and remain bullish on TRX.
Solana (SOL) Price Forecast: Can Solana Break $500?
Even with the intensifying buzz over Solana’s ETF approval, SOL’s sentiment is on the bearish side with the token trading at $165.48 today. Solana’s price stats are also in decline, reporting a 19.7% dip in the last seven days and 39.8% this month. Despite the downturns, market observers are wondering if Solana can flip its script and break $500.
According to analysts, Solana breaking $500 is uncertain at the moment as SOL needs to break above $200 first.
Despite its current bearish movement, SOL still recently managed to gain $8.9 million in new investments. Amid the unfavorable market sentiment, SOL appears resilient. It’s worth mentioning that historically, Solana has proven its flexible blockchain capabilities. And because of its low fees and renowned scalability, are still a major draw for crypto whales who keep flocking to SOL.
Chart illustrating Solana (SOL)’s price declining in the last thirty days, according to CoinGecko.
JetBolt’s Fast Selling Presale: What’s Fueling this Young Crypto’s Momentum?
JetBolt (JBOLT) continues to captivate attention in the crypto community with its soaring presale. Since its presale kicked off, JetBolt has already sold over 325 million tokens – a remarkable feat for any young altcoin.
Powered by the Skale Network, JetBolt is attracting crypto enthusiasts and buyers with its zero-gas technology that eliminates the gas fees entirely in blockchain transactions. On top of that, JetBolt’s scalable network offers lightning-fast with near-instant finality for an uninterrupted transaction experience on the platform.
More than the gas-free solutions and rapid speed transactions, JetBolt’s integrated Web3 wallet provides an easy login for enthusiasts accessing their token accounts. Its Web3 wallet has biometric, facial recognition, and self-custodial control features.
Meanwhile, JetBolt incorporates artificial intelligence (AI) into its blockchain technology as well. JetBolt’s AI-driven tool shows snippets of crypto news and stories categorized by bullish and bearish market sentiment.
Additionally, JetBolt’s presale is offering exciting discounts right now, with up to 25% bonus tokens through Alpha Box packages or batch token deals.
With JetBolt’s numerous outstanding features and presale discounts, it’s no wonder crypto whales are rushing to buy JetBolt.
Quick Recap: Why are Crypto Whales Mega Bullish on JetBolt, Tron, and Solana?
While Tron and Solana may not be poised to hit their ambitious price targets just yet, their strong technological foundations and whale accumulation indicate long-term potential. Tron’s high throughput and cost-effective transactions continue to draw investors, while Solana’s scalability and institutional backing reinforce its credibility despite market dips.
Meanwhile, the young crypto JetBolt (JBOLT) is stealing the spotlight with its disruptive features and advanced technology. With over 325 million tokens already sold and explosive momentum, JetBolt is rapidly establishing itself as a contender in the blockchain ecosystem.
With Tron’s high throughput, Solana’s low transaction costs, and JetBolt’s zero-gas tech, it’s no surprise that crypto whales are keeping an eye on these three altcoins.
Discover more about JetBolt by visiting its official website and X page today.
This piece does not offer trading or financial advice. Cryptocurrency prices can drop all of a sudden and the crypto market shifts frequently. Please do your own research (DYOR) before buying any cryptocurrency as they carry risks.
