Solana (SOL) Sees Minor Price Dip Despite Increasing Network Activity, Toncoin (TON) Sees Explosive Growth in Daily Holders, and Newcomer JetBolt (JBOLT) Captivates the Market

Three standout cryptocurrencies are captivating the market with their notable developments: Solana (SOL), Toncoin (TON), and newcomer JetBolt (JBOLT).

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

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.

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