All eyes are on Solana (SOL), Kaspa (KAS), JetBolt (JBOLT) and Tron (TRX) as anticipation builds for the next bull run. Solana has surged by 221.5% this year, while Kaspa has seen a 32.7% price increase and Tron recently hit a new all-time high record, keeping market watchers alert.
On the other hand JetBolt sold over 150 million tokens during the presale phase. Thanks to zero-gas technology and advanced blockchain capabilities attracting whales. Let’s dive deeper into the factors affecting them and discuss which high speed altcoin is the next crypto to explode.
Is SOL Pushing Boundaries or Losing Steam?
The year 2024 has been a landmark period for Solana (SOL), which has surged by over 221.5% to an impressive peak of $263 before stabilizing near the $220 resistance level. Despite its recent performance, the past two weeks have been marked by a consolidative yet volatile trend, with SOL’s price declines of 6.1% over the last week and 4.9% over the previous fortnight.
Despite recent declines of 6.1% and 4.9% over the past week and two weeks respectively, technical indicators still suggest potential. The 10-day SMA of $240.01 reflects a short-term bullish trend above the 100-day SMA at $231.69, though the RSI at 43.38 indicates neutral market conditions, signaling a pause in momentum.
However, challenges loom on the horizon. Trading volume has dipped from $14 billion two weeks ago to $12.7 billion, reflecting cooling interest and reduced activity in the market.
Will Kaspa Reach the $1 Dream?
At the time of writing, Kaspa (KAS) is trading at $0.1584, below a key resistance level at $0.19. After a 6% rally over the past 14 days, traders are speculating whether KAS can break its all-time high of $0.2075 and potentially reach the coveted $1 mark during this bull run.
Kaspa Price chart highlights the KAS price fluctuations and volatility over the last 12 months.
Recently, KAS briefly surged near $0.19 before pulling back sharply below $0.16, signaling volatility. Its breakout from a broadening wedge pattern presents a bullish indicator, further supported by short-term moving averages and an RSI of 64.84. However, resistance at $0.1578 poses a challenge, with retracements to support levels at $0.1561 or $0.1446 possible if momentum stalls.
Upcoming developments, such as the Crescendo Hard Fork in Q1 2025, will increase block production to 1-10 blocks per second, while the imminent launch of Atomic Swaps for KRC-20 tokens focuses on enhanced usability. Despite the hurdles, rising whale activity and Kaspa’s organic growth keep optimism alive.
Will JetBolt Climb to the Top?
JetBolt caused a scene in the crypto space with a scorching presale that has already sold over 150 million tokens, marking a bold debut that’s turning heads across the industry.
What sets JBOLT apart is its use groundbreaking zero-gas technology powered by the Skale Network, completely eliminating gas fees. This game-changing innovation paves the way for seamless, gas-free interactions while unlocking new horizons for dApps, blockchain gaming, SocialFi, and Web3 applications. It’s no surprise that crypto whales are flocking to this trailblazing project, joining a new era of streamlined and accessible Web3 experiences.
But JetBolt isn’t stopping at zero-gas transactions. Its AI-powered tool delivers an aggregation of fun and intriguing crypto news and trends. Meanwhile, its Web3 wallet introduces an effortless staking experience, rewarding users not only for staking but also for actively participating in the ecosystem, fostering a vibrant, community-first environment.
To sweeten the deal for presale buyers, JetBolt’s Alpha Boxes offer up to 25% bonus tokens on batch purchases, fueling excitement. With fully functional utility ready, JetBolt is a new must-watch altcoin.
Can Tron Push New Heights?
Tron (TRX) has been making headlines with its recent record high of $0.4485, though it has since pulled back below $0.278. Over the past few weeks, TRX prices surged by 65.3% in the last thirty days, driven by a staggering $500 billion in stablecoin transfers and a spike in network activity. While these developments showcase TRON’s potential, the recent price dip to $0.2726 raises questions about whether its bullish momentum can be sustained or if the market may see further consolidation.
On the positive side, TRON’s ecosystem is expanding with partnerships, including collaborations with Chainlink to enhance its DeFi applications and Nansen for improved blockchain analytics. However, some skepticism lingers, with critics questioning the sustainability of TRX’s growth and the potential impact of speculative trading. TRON’s founder, Justin Sun, continues to draw attention with his eccentric moves, such as the $6.2 million banana art purchase, keeping TRON in the public eye.
Final Thoughts: Which High Speed Altcoin Is the Next Crypto To Explode?
The race to dominate the next crypto bull run is heating up, with Solana, Kaspa, JetBolt, and Tron each rising amongst top contenders. Solana’s remarkable 221.5% surge this year highlights its resilience, even amid recent consolidation, while Kaspa’s innovative upgrades and growing whale activity fuel speculation about its potential to hit $1. Meanwhile, JetBolt’s zero-gas technology and presale success is making a niche, capturing the attention of whales and altcoin users.
More on JetBolt’s presale here:
Official JetBolt Website
Disclaimer: This article does not constitute or offer financial advice. Cryptocurrency trading and purchases carry inherent risks and all coins and tokens are volatile in nature. Readers should conduct thorough independent research before making any decisions pertaining to coin or token acquisitions.
