Can this New Altcoin Crush Solana and Toncoin?
Below are more details of the latest prices and updates on these top-trending altcoins.
Three standout cryptocurrencies are captivating the market with their notable developments: Solana (SOL), Toncoin (TON), and newcomer JetBolt (JBOLT). Solana continues to rise with a surge in on-chain activity. However, despite significant milestones, SOL has witnessed a slight price drop. Meanwhile, Toncoin is seeing an average of 500,000 holders daily. Amidst this crypto news, a new altcoin is capturing the interest of whales seeking newer tokens with groundbreaking features: JetBolt (JBOLT).
Solana (SOL) Sees Minor Price Dip Despite Increasing Network Activity
Solana (SOL) has seen impressive price spikes and record-breaking on-chain activity in the past few weeks. This shows SOL’s remarkable recovery after falling below $140 in the past month. At press time, SOL is trading at $174.66, demonstrating a 14.8% increase over the past two weeks.
After reclaiming the $180 mark, SOL’s price dropped slightly to 2.2% over the past 24 hours. Interestingly, this minor setback came despite significant developments like Canary Capital’s Solana spot ETF application and Solana’s consistent leadership in certain metrics over Ethereum (ETH).
In a parallel development, Solana generated more daily fees than Ethereum (ETH) for the first time. Based on DeFi TVL aggregator DefiLlama, Solana has recorded over $2.54 million compared to $2.07 million for Ethereum. Some analysts highlight that this rise in daily fees indicates growing usage on the Solana network.
While Solana has seen a small price drop, experts suggest sentiment over SOL remains overall bullish. As whales wait for further developments on SOL’s price action, many have started exploring young and innovative altcoins, like JetBolt (JBOLT).
Toncoin (TON) Sees Explosive Growth in Daily Holders
While Solana tries to maintain its bullish momentum, Toncoin struggles to recover from the price downtrend. As of late, TON is trading at $4.94, reflecting a 14.9% price decline over the past month.
Despite the downturn, some experts predict TON might begin showing signs of recovery soon with its recent milestones. One of these is the surge in Toncoin’s daily holders. According to on-chain and market data analytics provider CryptoQuant, Toncoin’s number of holders jumped from around 7.12 million to almost 108 million between March and October 2024. CryptoQuant’s analysis also reveals that TON currently adds roughly 500,000 holders daily.
However, this rapid rise in the number of holders doesn’t seem to reflect on the price of TON, which remains below its 50-day moving average of $5.388. With Toncoin’s recent achievement and its price needing more momentum, there’s a mixed outlook for TON.
As these events unfold, crypto buyers and traders recognize the importance of diversifying crypto portfolios with new-gen tokens that offer cutting-edge utilities. One of these is the fresh entrant JetBolt (JBOLT).
JetBolt Gains Massive Traction During Presale
While Solana and Toncoin each face unique challenges and breakthroughs, JetBolt (JBOLT) gains major traction with its presale, selling over 41 million tokens since August 2024. JetBolt’s explosive appeal lies in its groundbreaking features, such as zero-gas technology. JetBolt enables users to execute transactions without being burdened by paying for gas fees.
JetBolt also empowers token holders with a unique crypto-staking platform that allows stakers to easily earn token rewards everyday. Token holders can also earn more by connecting with their friends. This is JetBolt’s innovative way to make crypto staking more social while giving stakers the potential to earn crypto passively.
JetBolt has many other innovative features including an AI-powered market insights tool. Leveraging artificial intelligence, JetBolt brings its token holders news and insights on the crypto market. Staying ahead of the market is crucial for traders in the crypto market.
Aside from these revolutionary features, JetBolt offers presale buyers a chance to get as much as 25% additional tokens for batch purchases of JetBolt tokens. With this special presale benefit, whales and crypto buyers are flocking to JetBolt to accumulate tokens before its presale price increase. JetBolt shines as one of the best new altcoins with its innovative features and exciting presale.
Conclusion — SOL’s Minor Price Drop, Toncoin’s Growing User Base, and JetBolt’s Explosive Presale
Solana, while still a powerhouse, is no stranger to occasional price drops despite witnessing significant developments on its network. Toncoin, on the other hand, has skyrocketed in daily holders, though its price action tells a different narrative. Amid this, the JetBolt presale is gaining momentum with its next generation features and presale perks. This shows the crypto community’s growing interest in tokens that offer fresh and unique features, such as zero-gas technology.
For more information about JetBolt, visit:
Official Website: jetbolt.io
Telegram Channel: https://jetbolt.io/telegram
X/Twitter Page: https://x.com/JetBoltOfficial
Note: This article is not financial advice. Always conduct in-depth research before acquiring any cryptocurrency. All crypto assets are inherently risky and unpredictable.
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.
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