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Halfway through January 2025, two stories pique the interest of crypto buyers and market watchers: the potential for Solana (SOL) spot ETF’s approval by the end of the month and JetBolt’s (JBOLT) presale momentum. Solana is riding high on spot ETF speculations, propelling SOL to achieve a modest 6.45% gain over the last 24 hours.
Meanwhile, JetBolt takes off with a blazing presale performance. JetBolt has sold over 265 million tokens since its presale began. With its rapid ascent, could JetBolt become among the tokens to watch in the next bull run? And can Solana spot ETFs bring a 10x increase to SOL price during this exciting period? Read on to find out.
Can Solana Spot ETFs Trigger a 10x Rally for SOL?
Solana’s price chart over the past week flashes green. As of late, SOL is trading at $201.66, up by 6.45% over the past 24 hours.
Chart of Solana’s price action over the last 24 hours (CoinMarketCap)
Is the ETF hype driving Solana’s recent price gains? It might be the case as the US Securities and Exchange Commission (SEC) nears the January 25 deadline for making preliminary decisions on SOL ETFs.
If approved, Solana could gain more exposure from new investors, catapulting SOL to a 10x gain. However, the exact price trajectory of SOL after the US SEC’s potential approval of the ETFs remains to be seen, as other crucial factors might still be at play.
Meanwhile, banking giant JPMorgan projects that Solana and XRP ETFs could attract as much as $14 billion in investments within their first year if granted approval. Despite the optimistic prediction that could have captured the interest of investors, it’s important to note that JPMorgan’s projections are based on the adoption rate of Bitcoin and Ether spot ETFs.
JetBolt Presale Takes Off, Sells Over 265 Million JBOLT Tokens
As Solana navigates speculations about the potential approval of spot ETFs, JetBolt (JBOLT) is making waves in its own right. Since its presale commenced, JetBolt has already sold over 265 million tokens, making it among the best new coins to watch ahead of the potential bull run.
Aside from a significant presale milestone, what makes JetBolt a coin noteworthy to explore are its cutting-edge features. Zero-gas technology is one of the revolutionary features that JetBolt offers. This high-tech attribute eliminates gas fees associated with blockchain transactions.
But the innovation behind JetBolt’s zero-gas tech feature doesn’t end there. It could also empower developers to create a wide array of blockchain applications without paying for hefty gas fees.
Staking can be intimidating, especially for crypto newcomers. JetBolt addresses this painpoint by making a fun and easy-to-use crypto-staking system. Stakers can earn bonus rewards by staking their tokens and connecting with friends on the user-friendly platform.
With the presale underway, JetBolt makes the early acquisition of JBOLT tokens exciting and advantageous. Early buyers can get as much as 25% additional tokens by purchasing Alpha Boxes or acquiring tokens in batches.
Conclusion — Solana spot ETFs and JetBolt’s Presale
The speculations surrounding the potential approval of Solana spot ETFs offer a glimpse into the market’s excitement. However, Solana’s path towards potential price gains with spot ETFs as the catalyst hinges on regulatory green lights. On the flip side, JetBolt is charging ahead with its astonishing presale figures and growing whale interest due to its revolutionary features.
Get the full scoop on JetBolt. Visit the official JetBolt website today.
This article does not offer any financial advice. Always conduct in-depth research before engaging with any cryptocurrency. All crypto assets are inherently risky and can be highly volatile.
