Solana’s recent struggles can be attributed to increased regulatory scrutiny, particularly in the US, and network performance issues, including occasional downtimes. These factors have raised concerns over Solana’s reliability for high-frequency applications, such as DeFi and NFTs. Solana’s price has been fluctuating within a horizontal range, bouncing between $119 and $161, with a key resistance band at around $150 to $152. If Solana fails to surpass this threshold, it may face continued bearish pressure. On the other hand, a break above $152 would signal a meaningful recovery.
In contrast, JetBolt has gained attention for its unique approach to blockchain efficiency, offering zero-gas technology and AI-powered insights. JetBolt has raised over $280,000 and sold over 40 million tokens in its presale, attracting crypto whales and other investors. The platform’s innovations and potential for efficient, low-cost blockchain options indicate that JetBolt could be a popular choice in the future.
Source: <span style="font-weight: 400;">JetBolt (JBOLT)</span>