With talks swirling about the upcoming altseason, whales are snapping up the hottest altcoins on the market. The SEC has recently acknowledged Grayscale’s spot Cardano ETF filing, while Ripple has unveiled an ambitious roadmap for 2025 and partnered with BDACS for the institutional custody of XRP and RLUSD. Meanwhile, Toncoin continues to thrive with Telegram’s backing and has lined up a series of network upgrades.
Whales are also flocking to the young altcoin JetBolt (JBOLT), mesmerized by its zero-gas technology, AI utility, and its presale frenzy, reported to have sold over 335 million tokens.
Let’s dive into these hot contenders—Cardano, XRP, JetBolt, and Toncoin—and discover what makes them the top trending altcoins whales are scooping up for the altseason.
Cardano: SEC Acknowledges Grayscale’s Spot Cardano ETF Filing
The U.S. Securities and Exchange Commission has recognized NYSE Arca’s proposal from crypto asset manager Grayscale to list and trade a spot Cardano exchange-traded fund (ETF). The SEC’s acknowledgment of the Grayscale Cardano Trust on February 24th means the agency’s timeline for ultimately approving or rejecting the proposed ETF will soon be set in motion.
X post of Nate Geraci about SEC’s acknowledgement of Grayscale’s spot Cardano ETF application
NYSE Arca, a subsidiary of the NYSE Group, filed a proposal to the SEC on February 10th to list and trade shares of the Grayscale Cardano Trust. The proposed ETF will track the price of Cardano using an index that monitors its daily price on crypto exchanges like Coinbase, Crypto.com, Bitfinex, and Kraken. Coinbase Custody Trust Company is suggested as the custodian for the ETF, while BNY Mellon Asset Servicing will act as the transfer agent and administrator.
Trading at $0.6152 as of writing, ADA has experienced a notable decline amid the market-wide slump, losing over 30% in the past month and dropping over 6% in the 24-time frame. Market observers are suggesting that one important factor that could trigger a shift in ADA’s momentum is the foreseen approval of the spot ETFs. According to Polymarket, the odds have climbed to 66% from 52% on February 24th.
XRP: Ripple Announces DeFi and RWA Tokenization Plans and Expansion in South Korea
Ripple Labs, the company behind XRP, is set to enhance the XRP Ledger’s decentralized finance (DeFi) capabilities, with a detailed 2025 roadmap. A crucial aspect of this plan includes the integration of decentralized identity (DID) and credential-based verification, which will enable permissioned exchanges and decentralized markets that comply with regulatory standards.
A key part of Ripple’s strategy is to develop a permissioned decentralized exchange (DEX) for trading tokenized real-world assets (RWAs). This DEX will use XRP Ledger’s decentralized identifiers to integrate compliance checks into smart contracts, ensuring regulatory adherence. Coupled with a credit-based DeFi lending protocol, these initiatives aim to position the XRP Ledger (XRPL) as a secure and scalable platform for institutional use in decentralized markets.
Additionally, Ripple Labs has partnered with BDACS, a digital asset custody provider in South Korea, to support institutional custody for XRP and Ripple USD. Announced on February 26th, this collaboration will enable BDACS to use Ripple Custody, which secures XRP, Ripple USD (RLUSD), and other crypto assets for financial institutions in South Korea.
These strategic measures are anticipated to help boost XRP’s adoption and liquidity. As of press time, XRP is changing hands at $2.03, falling 7% in the last 24 hours. Some analysts suggest that XRP has been outperforming other cryptos during this market-wide correction and may help it recover faster than other coins.
JetBolt: Presale Momentum Soaring with Cutting-Edge Technologies
Alongside Cardano and XRP, the fast-rising altcoin JetBolt (JBOLT) continues to make waves in the crypto space, catching the interest of buyers and enthusiasts alike with its innovative technologies and user-focused Web3 utilities. With an exciting presale which has already sold in excess of 335 million tokens, JetBolt is becoming one of the hottest topics of altcoin discussions.
One standout feature of JetBolt is its zero-gas technology. Thanks to advanced Skale technology, this game-changing feature eliminates gas fees, enabling everyday users to engage in blockchain interactions without draining their wallets. For developers, zero-gas tech could open doors for dApps, SocialFi, and other Web3 projects, simplifying the path from concept to creation since there will be no gas costs to worry about.
JetBolt’s user-friendly Web3 wallet, equipped with cutting-edge WebAuthN and facial recognition technology, streamlines the crypto experience for both newcomers and seasoned users. Additionally, JetBolt comes with an AI-driven utility that aggregates blockchain trends and crypto content based on market sentiment.
Early presale participants can also enjoy enticing perks, including bonuses of up to 25% through exclusive Alpha Box bundles for batch purchases. With its game-changing features and impressive presale momentum, JetBolt is fast emerging as a compelling contender in the altcoin space.
Toncoin: TON Displays Resiliency Amid Bearish Scenario
Even amid a broader market downturn affecting many altcoins, data shared by “Darkfost” via X highlights that Toncoin (TON)’s total value locked (TVL) has held steady at around $300 million since mid 2024. Although the figure now has dwindled to less than $200 million over the past ten days, TON’s display of stability in liquidity and locked assets reflects an enduring confidence in the token’s fundamentals.
Toncoin’s partnership with Telegram continues to lend support to TON’s ecosystem and price movement. By February 21, 2025, all crypto-related MiniApps must have completed their transition to the TON Blockchain. Telegram has required all developers to integrate their apps with Toncoin and discontinue any references to non-TON platforms.
At the time of writing, TON is priced at $3.15, dropping nearly 10% in the last 24 hours. In its 2025 roadmap unveiled last month, TON also shared a slew of upgrades aimed at enhancing scalability, utility, and user experience. With these ambitious plans plus the exclusive commitment of Telegram, Toncoin fans are generally optimistic because of the coin’s apparent resilience amid market challenges.
Summary: Whales are Scooping Up Top Trending Altcoins Cardano, XRP, JetBolt, and Toncoin for Altseason
As the market navigates through this challenging landscape, Cardano, XRP, and Toncoin are capturing the attention of crypto’s biggest players. From anticipating the approval of spot ETFs to unveiling ambitious roadmaps for network growth and forging strategic partnerships to boost adoption as well as price movement, these tokens are showing that they won’t simply sit and wait for things to happen.
Moreover, JetBolt has made a remarkable entrance into the altcoin arena with its groundbreaking zero-gas technology and user-focused Web3 features. As its presale gains traction and excitement builds, JetBolt is showcasing its strong foundation and forward-thinking approach, mirroring its readiness to chart a thrilling course in this dynamic market.
Don’t forget to visit the official JetBolt website now to get the latest updates on JetBolt’s exciting presale and more details about its amazing features.
Please note that this article is not intended as trading or financial guidance. All cryptocurrencies carry considerable risks and are always subject to market movements. Conduct personal research and exercise due diligence before engaging in any crypto-related activities.
