The crypto market never stays quiet for long, and even amid the current intense volatility, both Ethereum (ETH) and JetBolt (JBOLT) are riding a wave of positive developments. Despite its price slipping below the $3,500 mark, Ethereum’s upcoming Pectra upgrade in the first quarter of 2025 ignites speculations about ETH, setting fresh record highs soon.
Meanwhile, market watchers’ eyes are also glued on JetBolt, as the young altcoin exhibits massive momentum. Since its presale debut, JetBolt has sold nearly 260 million JBOLT tokens. What are the key drivers behind JetBolt’s steady ascent to the top? And can Ethereum deliver a stellar performance in the near future? Keep reading to find out.
Ethereum Price Prediction: Are Record Highs in Sight for ETH?
Currently trading at $3,246, Ethereum’s (ETH) price was down by 5.8% and 2.5% over the past week and 24 hours, respectively.
Chart of Ethereum’s price shows ETH traded below the $3.5K mark over the past week, based on CoinMarketCap data
Despite the downtrend, can ETH set new all-time highs in the coming days or weeks? To set the record straight, it’s still too early to predict whether Ethereum will hit landmark-high prices anytime soon. However, an upcoming development could potentially give the ETH price a boost.
Ethereum’s Pectra upgrade will roll out in the first quarter of 2025. The upcoming Ethereum Improvement Proposals (EIPs) included in the Pectra upgrade aim to resolve prominent network issues related to scalability, staking experience, and user interactions.
Nonetheless, the extent to which ETH’s price could rise after the upgrade and the speed at which it gains the potential price increase will likely depend on market conditions and other influencing factors.
As of now, ETH’s weekly chart demonstrates a bullish outlook with a support level of $2,817. However, a decline to this level could flip this pattern, analysts from FXStreet noted.
JetBolt Flexes Might, Sells Nearly 260 Million JBOLT Tokens
While Ethereum’s current price trend raises questions about its path to recording new all-time highs in the near future, a young altcoin is flexing its might with a surging presale. Since its presale commenced, JetBolt (JBOLT) has already sold nearly 260 million tokens.
Serving as the catalysts for JetBolt’s token sales growth during the presale are its fresh and cutting-edge features. Leading JetBolt’s suite of groundbreaking attributes is zero-gas technology, a game-changing feature that eliminates the typically expensive gas fees associated with conducting blockchain transactions.
As a result, JetBolt’s zero-gas tech feature allows crypto users to carry out transactions without paying any gas fees. But that’s not all. This game-changing feature can also enable developers to build a wide range of decentralized applications without the hassles of gas fees.
Another groundbreaking feature is JetBolt’s easy-to-use crypto-staking system. Aside from making crypto staking simple, JetBolt also makes it socially engaging. Stakers have the chance to earn exciting bonus rewards when they connect with friends on the platform.
Additionally, as it is currently in the presale phase, JetBolt makes this early token-buying period fun for early buyers. By purchasing JetBolt (JBOLT) tokens in batches or Alpha Boxes, they can enjoy up to 25% extra tokens.
Conclusion — Ethereum’s Price Trajectory and JetBolt’s Exciting Presale
Ethereum’s potential to set record highs in the near future remains to be seen, as the second-largest crypto by market cap faces a price downtrend. Meanwhile, the new altcoin JetBolt, with its novel yet revolutionary features, flexes its might in the crypto arena—selling nearly 260 million JBOLT tokens since its debut.
Check out the official JetBolt website to learn more about this soaring young token.
This article does not offer any financial advice. Always conduct extensive and independent research before acquiring any cryptocurrency. Remember, all crypto assets carry significant risks and can be highly volatile.
