BlockchainCenter’s 90-day performance chart highlights a potential altseason, with several new altcoins surpassing Bitcoin (BTC) in growth. Solana (SOL) surged 65%, Aptos (APT) climbed 70.3%, and XRP soared 91%, showcasing significant momentum in the altcoin market. Meanwhile, JetBolt (JBOLT), a fresh new altcoin, is drawing whale attention with its Zero-Gas Technology and a surging presale that has already sold over 66 million tokens.
This wave of emerging coins and tokens signals a shift in market dynamics as many altcoins prove their ability to outperform Bitcoin during this crypto rally. Could these rising stars lead the altseason in 2024? Let’s dive into the latest updates on Solana, Aptos, XRP, and JetBolt to explore what’s fueling their momentum.
Aptos (APT) Targets $20 as It Reclaims Key Levels
Aptos (APT) has surged by 37.6% in the past two weeks, reclaiming its $11 support level for the first time since April. The cryptocurrency is following a pattern similar to SUI, which recently hit a new all-time high of $3.92. Market analysts suggest APT could be on track for a breakout, potentially entering a price discovery phase and targeting $20.
Analyst Alex Clay highlights APT’s strong resemblance to SUI’s chart, suggesting that the two coins have moved in tandem for most of the year. While SUI decoupled earlier, analyst Quinten says APT now shows signs of “strong accumulation”.
Currently trading at $11.79, APT is consolidating within the $11.5-$12.6 range. Market observers suggest that if this momentum continues, Aptos may see a sharp rally before 2024 draws to a close.
Solana Gains Traction as SOL DeFi Activity Hits New Highs
Solana (SOL) continues to expand its dominance in the decentralized finance (DeFi) sector, recently crossing a market cap of $117 billion.
SOL’s blockchain’s scalability and low transaction costs have made it a top choice for developers and defi users. Moreover, Solana’s total value locked (TVL) has surged to $8.42 billion—a 40.33% growth after surpassing its previous all-time high of $6 billion in January 2022.
Five of the top ten fee-generating platforms in crypto, including Raydium and Jito, now operate on Solana, collectively generating over $20 million in fees. Analysts also point to Solana’s DeFi ecosystem as a key driver of its recent 65% price surge over the past 90 days.
JetBolt Stirring Interest Among Crypto Whales After Selling More Than 66M Tokens
JetBolt (JBOLT) is emerging as a subtle force in the crypto market, sparking curiosity from a growing number of crypto whales for the upcoming altseason. Since its presale, JetBolt has sold over 66 million tokens—a strong indicator that whales may have found their next-gen altcoin.
At its core is JetBolt’s adoption of revolutionary Zero-Gas Technology, powered by the Skale Network. Forget gas fees—this feature is rewriting the rules for blockchain users but also potentially for dApps, SocialFi, and Web3, creating boundless opportunities where developers and users can innovate without gas limits.
JetBolt also includes an AI-powered crypto tool that delivers exciting news about the altcoin landscape. Coupled with an easy-to-learn staking system supported by a user-friendly Web3 wallet, JetBolt simplifies passive crypto staking earning even for new crypto buyers.
JetBolt’s presale perks have also caught the attention of whales. The presale offers enticing perks, including daily price increases and Alpha Boxes, which give bulk buyers up to 25% bonus JBOLT tokens.
With over 66 million tokens sold and whales quietly building their positions, JetBolt may be their signal that something groundbreaking is taking shape this coming altseason.
Ripple CEO Slams SEC Candidate as XRP Surges 60% in a Week
Ripple CEO Brad Garlinghouse has criticized Robert Stebbins, former General Counsel for the SEC, labeling his potential appointment as SEC Chair “unconscionable”. Garlinghouse’s concerns stem from Stebbins’ involvement in the 2018 speech by then-Director of Corporation Finance, William Hinman, which classified Ethereum as a non-security—a decision Garlinghouse views as detrimental to the Web3 space.
Stebbins, a leading candidate to succeed current SEC Chair Gary Gensler, faces opposition from the cryptocurrency sector due to his history of approving numerous crypto-related enforcement actions under former Chairman Jay Clayton. Garlinghouse warns that Stebbins’ appointment could signal a return to aggressive regulatory enforcement in the crypto industry.
How has all this played out for XRP? As of November 21, 2024, XRP is holding strong at $1.09, marking a 4.5% gain in the past 24 hours and an impressive 60% surge over the last week.
Final Thoughts: Altcoins Rise as Whales Make Their Moves
Crypto whales are quietly making moves as anticipation builds for the next altseason. XRP navigates legal hurdles with a 60% surge, Solana (SOL) drives DeFi expansion, and Aptos (APT) hints at a potential breakout. Meanwhile, JetBolt (JBOLT) is carving its own path to become the next-gen altcoin with its Zero-Gas Technology and market-disruptive features.
As Solana’s network grows and JetBolt’s presale draws whale attention, the question remains: Are we at the dawn of another altseason, or are crypto insiders keeping something bigger under wraps?
Learn more about JetBolt and its presale by visiting the JetBolt official website.
This article does not deliver financial advice. The crypto market is unpredictable, with prices capable of dramatic swings in either direction. Always approach any crypto coin or token with caution. Remember to conduct thorough research, learn about the risks, and examine your risk tolerance.
