You are currently viewing Why Whales Are Buying These Altcoins: Solana, JetBolt, Ethereum, Kaspa

Four standout cryptocurrencies are magnetizing the attention of blockchain whales: Solana, JetBolt, Ethereum, and Kaspa. Solana’s recent price spikes pushed bullish predictions of a surge to $209. Meanwhile, Solana’s top rival, Ethereum, is nearing $3,000 thanks in part to its network updates. Kaspa recovers from its downturn to $0.10 and eyes hitting a new all-time high (ATH) soon. 

Amidst the recent news on these large-market cap cryptocurrencies, whales explore the new altcoin JetBolt (JBOLT). This market newcomer boasts high-tech innovations, such as zero-gas technology, alongside a rising presale. 

Can established coins Solana, Ethereum, and Kaspa maintain their current momentum? And, are there more reasons that fuel JetBolt’s presale surge? Let’s find out. 

Can Solana Sustain Its Rally After Hitting a 220-Day High? 

Solana’s price has breached the $190 mark, a level not seen since 220 days. As of this writing, Solana is trading at $199.30, reflecting a notable surge of 20.5% on its weekly timeframe. 

Analysts point to the recent US election results as one factor in the recent price gains in top cryptocurrencies, including Solana. The news about Donald Trump’s win in the presidential race also highlights the higher chance of a Solana spot ETF approval. If approved, it could introduce more investors to the Solana market and boost its price. 

On the technical side, other experts implied that if Solana successfully breaks above the $210 psychological barrier, it could push the price of SOL upward. 

Could Ethereum’s Network Upgrades Drive ETH to $3,000?

Ethereum, Solana’s most prominent competitor, has always attracted attention, but recent network updates have whales eagerly watching for ETH’s price action. 

The Ethereum Foundation has unveiled the Mekong Testnet, a significant tool for developers and stakers ahead of the Pektra fork. Set to launch in early 2025, the Pectra upgrade aims to improve Ethereum’s staking processes and boost its accessibility. 

A few weeks ago, Ethereum co-founder Vitalik Buterin also introduced his plan for the network’s data bloat and simplified protocol with “The Purge” approach. Thanks in part to these updates and the recent market-wide rally buoyed by Trump’s victory, ETH is edging closer to $3,000. Ethereum is trading at $2,911 at press time. 

Graph of Ethereum's 24-hour price action from CoinGecko's website

Graph of Ethereum’s 24-hour price action from CoinGecko’s website

Will Kaspa Hit a New All-time High Before 2025? 

Kaspa (KAS) has rebounded above $0.10 following the US election outcome. On Thursday, it reached $0.12 before slightly dropping to its press time price of $0.11. 

Some crypto insiders suggest that Kaspa’s 140 million daily trading volume signals strong liquidity and could be among the reasons for its recovery. Other analysts hinted that Kaspa may experience a potential year-end surge to $0.35, which could set its new ATH against its peak at $0.2074 in August 2024. 

What’s Drawing in Whales to the JetBolt Presale? 

While Solana, Ethereum, and Kaspa continue to attract big buyers, JetBolt (JBOLT) has also captured massive attention—selling over 41 million tokens since its presale launch in August 2024.

JetBolt’s innovative features appeal to blockchain whales and crypto buyers seeking new altcoins with advanced features. Its zero-gas technology empowers crypto users to execute transactions without worrying about incurring high gas fees. This technology also benefits developers, who can create a wide range of dApps without the hassles of costly gas fees. 

JetBolt also offers an exciting and user-friendly crypto-staking platform. JetBolt’s easy-to-stake platform allows crypto stakers to connect with their friends and contacts and potentially earn bonus tokens. 

Moreover, whales are flocking to the JetBolt presale because of its early mover advantages. Presale buyers can purchase JBOLT tokens in batches or Alpha Boxes to receive up to 25% additional tokens

JetBolt’s stellar presale figures signify the growing interest of crypto buyers in fresh altcoins that offer high-tech features. 

Why Whales Are Buying These Altcoins: SOL, JetBolt, ETH, Kaspa

Conclusion — Whales Accumulate Solana, Ethereum, Kaspa and JetBolt Tokens

Whales are acquiring a mix of established and young tokens. Solana’s price may soon spike to $200. Ethereum is preparing for game-changing upgrades that could propel its price to the $3,000 mark. Meanwhile, Kaspa’s post-election price gain fuels whispers of a surge that would overtake its ATH. Amidst all these, JetBolt—the fresh face in the market—stirs excitement in the crypto community with its game-changing innovations, like zero-gas technology, alongside its presale surge. 

Learn more about JetBolt here: 

Website: jetbolt.io 

Telegram Channel: https://jetbolt.io/telegram  

X/Twitter Page: https://x.com/JetBoltOfficial 

This piece is not financial advice. Always exercise caution and conduct extensive research before purchasing any cryptocurrency. All crypto assets come with risks and unpredictable price swings.