Solana is consolidating near $219, with analysts optimistic about a breakout. XRP, riding renewed momentum after legal victories, is eyeing the $2.60 resistance level ahead of Ripple’s RLUSD stablecoin launch. Toncoin, holding steady at $6.11, has investors watching its next move as key metrics turn bullish.

As altcoins gain popularity, and newcomers like JetBolt (JBOLT) redefine blockchain with gas-free transactions and user-friendly features, the question remains: why are crypto whales buying Toncoin, Solana, XRP, and JetBolt this December 2024? Let’s break it all down.

Toncoin’s Momentum Builds as Analysts Eye a Bullish Shift

Toncoin (TON) is back in the spotlight, recently climbing above $6.50 for the first time since August and gaining 8.8% in the past week. However, today’s price sits at $6.11, down by 3.89% in the last 24 hours, as the market takes a breather.

Toncoin’s 24-hour trading chart shows that the TON market is slowing down at press time. Source: CoinMarketCap 

Despite this dip, TON’s key metrics, like the 90-day percent return, have flipped positive, historically a signal of growing investor confidence and potential bullish momentum. CryptoQuant analyst Darkfost highlighted the importance of this metric, noting that it often precedes significant upward trends.

Although still 24% below its all-time high of $8.25, Toncoin’s renewed activity has analysts and investors watching closely. Could this mark the start of a sustained rally? Experts say to watch out for more bullish or bearish patterns as 2024 draws to a close.

Solana Struggles Below $220, but Experts Predict a Breakout

Solana (SOL) is holding steady near $214 after a strong year marked by record highs and investor optimism. Despite a recent dip to $204.21, analysts see signs that SOL is gearing up for its next big move.

Crypto analyst Henrik Zeberg recently pointed to Solana’s ongoing consolidation phase as a “healthy” process, a necessary pause after reaching its all-time high of $263 last month. Zeberg noted that this pattern is common near market tops, as assets gather strength before pushing higher.

Other experts, including the cofounders of Glassnode, share his outlook, suggesting that a break above $235 could trigger a rally back to SOL’s previous peak. Moreover, metrics like the Daily RSI remain neutral, signaling that Solana still has room to climb before hitting overbought levels.

As Solana navigates consolidation and key resistance levels, the question remains: Can SOL gather enough momentum to reclaim its highs and soar toward new targets? We will have to wait after this market pullback is over.

JetBolt Rockets Past 190 Million Tokens Sold as It Redefines Blockchain Utility

JetBolt (JBOLT) is proving itself to be more than just another name in crypto, smashing through 190 million tokens sold in its presale. JetBolt’s rapid rise is anchored in real utility, earning the trust of early adopters.

What sets JetBolt apart is its focus on creating an accessible blockchain experience for everyone. With Zero-Gas Technology powered by the Skale Network, users can make transactions without paying gas fees—a game-changer that removes the financial friction that often keeps crypto users on the sidelines when making transactions. This innovation also empowers developers to create dApps, Web3 games, and SocialFi tools free from gas costs.

JetBolt also tackles the overwhelming pace of the crypto market with its AI-powered tools, showcasing exciting crypto news by market sentiment and the top-performing coins. At the same time, JetBolt has an effortless staking system and daily login rewards, offering immediate utility for anyone engaging with the platform.

Presale buyers are already reaping benefits, thanks to JetBolt’s Alpha Boxes, which reward bulk purchases with up to 25% bonus tokens. With innovation meeting practicality, JetBolt’s momentum isn’t just impressive—it could be a sign of where blockchain could be heading next.

XRP Eyes $3 Breakout as Legal Battles Ease and Momentum Builds

After a year clouded by legal battles, XRP is showing renewed strength, trading at $2.47 after gaining 2.6% in the past 24 hours. Ripple’s partial victories against the SEC earlier this year have cleared a path for recovery, and now analysts are watching closely for XRP’s next move.

Renowned trader DonAlt, who predicted XRP’s November rally, suggests the token could double in price if it breaks above its current resistance at $2.60. Since early December, XRP has been consolidating between $2.20 and $2.60, gathering momentum for what other experts predict could be a major breakout.

Adding fuel to the fire, Ripple’s upcoming RLUSD stablecoin launch on December 17 has investors optimistic, with institutional interest continuing to build.

Final Thoughts Crypto Whales Buying Altcoins

While Solana consolidates, XRP builds momentum, and Toncoin shows signs of strength, JetBolt stands out with its presale success, crossing 190 million tokens sold. Its focus on zero-gas technology and user-friendly tools is driving growing interest among crypto enthusiasts. As these new altcoins position themselves for the year ahead, the question remains: Which cryptocurrency will take center stage in 2025’s unfolding crypto story? Only time—and the market—will decide.

Curious about JetBolt? Learn more about its innovative features and exciting presale here.

This article is not financial advice. Buying or selling cryptocurrencies comes with inherent risks. Prices can change rapidly, which means having a solid understanding of the crypto market is essential.

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.