Solana (soil) is traded at $ 120.78 today. This decrease is partly attributed to several incidents of memes currency, such as the scandal of the same in Balance, which had a negative impact on Solana. With its inclusion in the new Crypto strategic reserve order and the new layer 2 upgrade of the current network, -S, can So Solana reverse its current downward trend and break $ 500?
In other news from Altcoin, the new Altcoin Jetbolt (JBOLT), arouses crypto waters with its presale selling more than 340 million tokens since its beginnings. Jetbolt continues to grasp the cryptographic community with its blockchain functionality and innovative solutions.
What are the factors that could help Solana reach $ 500? And what is behind the success of the Jetbolt’s presale? Let’s discover.
Can Solana price prediction: Can Solana reach $ 500?
Solana is currently in a downward trend, with a decrease of 5.3% in the last 24 hours and 11.4% in last week. Due to the same money scandals, such as the incident of the same in Balance, Solana had to face serious capital outings with more than $ 485 million while some investors clashed towards other large blockchain platforms for the refuge. Soil experienced a price drop of 41.4% in the last thirty days.
Solana’s technical indicators suggest that he can approach a death’s cross model, which occurs when the 50 -day simple moving average (SMA) crosses the 200 -day SMA. If Solana validates this lowering model, the soil price will still decrease. Solana tests resistance at $ 136.14, with key support levels of $ 109.08 and $ 88.
Some analysts believe that if Solana manages to stay above his main levels of support, he could resume momentum and potentially reverse his downward trend. But for the moment, Solana must regain the confidence of investors and acquire entries to improve its lower price.
Solana is currently working on a network upgrade called layer 2 Solaxy ($ Solx), which aims to stimulate network sustainability and improve network efficiency during traffic. Solana is also one of the documents mentioned in the new Crypto strategic reserve order signed on March 6, which aroused mixed reactions from the cryptographic community.
Can Solana reach $ 500? Reaching $ 500 is improbable for the moment for floor, because the room is always in a downward trend. Sol must burst from its current lowering model, acquire bullish momentum and amplify the activity of the network. Analysts also suggest that a longer time would be more realistic for soil to achieve this price objective.
The presale of Jetbolt (JBOLT) goes in place from 340 million: what is happening behind this presale?
While the break of $ 500 remains uncertain for Solana for the moment, the new Altcoin Jetbolt (JBOLT) makes the headlines with its presale which has already sold more than 340 million tokens.
Jetbolt stings the interest of crypto whales and buyers with its flagship function of zero gas technology and other cutting -edge features. But what is behind the success of the presale of Jetbolt?
The Zero-Gas technology of JetBolt is one of the reasons why the whales are hung on this new Altcoin. Taking advantage of the powerful skale network, Jetbolt completely removes gas costs in all its blockchain transactions on the platform. Developers working on decentralized applications (DAPP), blockchain games and other web3 projects on the JetBolt platform could create free gas fees.
Jetbolt’s web3 integration is also one of its main strengths. Jetbolt has a web3 portfolio system which has biometric authentication measures allowing tokens holders to connect to their accounts without difficulty. Jetbolt offers rapid transactions with an almost instant purpose, guaranteeing transparent user experience.
Using a utility powered by AI, Jetbolt provides news, stories and web content which are all aggregated depending on the feeling of the bull or lowering market. Jetbolt also has a daily newsletter functionality to encourage holders to Token to claim their awards for staking.
Thanks to its proof of attendance and value protocol (PAW), stakers can earn more rewards by punctuating and connecting with other users on the JetBolt platform. The first adopters can also obtain more jbolt tokens by buying these Alpha Box packages on the official JetBolt website. These treasure chests can grant up to 25% more bonus tokens during its current presale.
With its zero gas technology, its web3 portfolio function and its AI integration tool, it is not surprising that the presale of JetBolt has acquired a notable traction.
Summary: Can Sol can break $ 500 while the presale of JetBolt shows the strength?
Solana breaking 500 $ 500 seems unlikely for the moment, because the room is currently experiencing a downward trend caused by certain difficult factors. Despite its lower momentum, analysts are optimistic that Solana could achieve this long -term price objective if the feeling of the Solana market improves.
In addition to Solana’s news, Jetbolt (JBOLT) is the new speech of the city, with its presale showing a force, selling more than 340 million tokens since its launch. Jetbolt offers zero gas technology, a web3 portfolio system and a tool powered by AI that quickly gained ground among crypto lovers. While the presale of Jetbolt rises, it is not surprising that this new Altcoin continues to arouse the interest of the whales.
Explore more on Jetbolt, visit his official website And X page Today.
This article does not offer trading or financial advice. All cryptocurrencies have significant risks and cryptocurrencies can crash quickly. Please do your own research before buying or exchanging a crypto. Exchange judiciously.
