October 4, 2024
Cryptocurrency News

Solana On-Chain Activity and TVL Grows as JetBolt Presale Surges

Meanwhile, JetBolt (JBOLT), a new AI-powered altcoin, is stealing the spotlight as it skyrockets to new heights and makes headlines along with altcoins like Solana.

Solana’s recent dip could be short lived, and a comeback above $140 seems possible. Meanwhile, crypto whales are increasingly turning their attention to JetBolt, drawn to its cutting-edge features, like zero gas fees, which is seen by many as a revolutionary leap. Let’s dive into these thrilling blockchain stories, uncovering the latest in Solana news and altcoin updates.

Solana’s TVL Rises Amidst Increased On-Chain Activity

Solana’s network activity has been on fire this month. After a quiet period earlier in the year, Solana’s recent uptick in on-chain activity has reignited the hope of SOL token holders. Solana’s TVL reached an impressive $5.7 billion, driven by massive inflows from top decentralized finance (DeFi) protocols that surpassed $1 billion in assets. Despite short term price drops, some analysts suggest Solana could break through the $260 peak in the coming months.

Analysts point to growing institutional interest as the reason behind SOL’s growing TVL. Market experts say that the high-speed blockchain has matured beyond being home to most meme coins. Some crypto analysts have also forecasted that Solana’s TVL could skyrocket to $18 billion if its momentum holds steady.

At press time, SOL is trading at $137.78, down 3% over the past 24 hours. While Solana’s on-chain activity is increasing, its current price does not seem to have caught up. Over the past seven days, SOL has dipped by 11.8%. Some crypto whales wonder whether SOL could showcase an upward trend or if its price will slip further.

A growing number of large whales have started to diversify their portfolios by snapping up new, cutting-edge altcoins like JetBolt. This new altcoin offers features that go beyond traditional and older generation coins, including its revolutionary zero gas edge.

JetBolt’s Presale Soars as Whales Jump In

Amid Solana’s recent price struggle despite its growing TVL, whales are diving into new projects like JetBolt, which showcases revolutionary innovative edge that makes it stand out. JetBolt (JBOLT) is carving out its distinct path to early success.

With growing appeal and sparking increasing interest across the crypto market, JetBolt has exploded onto the scene, smashing through $230,000 in presale sales. JetBolt has built momentum as crypto whales shift their focus to this innovative new coin.

As Solana faces price drops despite its booming on-chain activity, whales aren’t hesitating to jump aboard the JetBolt ship. JetBolt shines in the blockchain limelight with its groundbreaking zero-gas technology that contrasts with Solana’s low transaction fees.

Aside from zero gas fees, crypto whales are loading up on JetBolt because it leverages the newest technology, like AI, to help crypto users keep abreast of the latest blockchain trends and developments.

Early buyers are flocking to the JetBolt presale at an astonishing rate as it offers a suite of presale benefits. For one, early adopters can enjoy as much as 25% discount through token batch purchases, a huge plus for early holders and whales interested in being JetBolt pioneers.

As the JetBolt presale is gaining steam by the day, analysts and market players wonder whether this coin could be one of the biggest breakout stars of the year.

Conclusion — Solana On-Chain Activity and TVL Grows as JetBolt Presale Surges

The crypto market is watching Solana closely as it makes impressive gains in on-chain activity and TVL. However, as recent market wide events have added to SOL’s sluggish price slip, it’s no wonder some whales choose to explore newer and younger coins. As JetBolt surges and smashes records, crypto whales increasingly pour into JetBolt, captivated by this new player’s exciting blend of tech and growing appeal.

For more information on JetBolt’s features and other details, visit:

Website: jetbolt.io Telegram: https://jetbolt.io/telegram X/Twitter: https://x.com/JetBoltOfficial

This article does not offer any financial advice. Always practice caution and conduct detailed research before acquiring any cryptocurrency. All crypto assets are risky in nature and they can also have a tendency to be affected by volatility.

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.