Why Crypto Whales Are Pumping Altcoins Including Solana, JetBolt, Cardano, and Kaspa

This week, crypto whales are flooding into altcoins, with Solana SOL $154.1 24h volatility: 4.8% Market cap: $79.72 B Vol. 24h: $4.61 B , Cardano ADA $0.72 24h volatility: 4.6% Market cap: $25.84 B Vol. 24h: $1.08 B , Kaspa KAS $0.11 24h volatility: 13.2% Market cap: $2.82 B Vol. 24h: $138.55 M , and JetBolt (JBOLT) each reeling in major attention. As Solana surges to $188, Cardano’s governance upgrade sparks a 10% rally, and Kaspa rides a wave of proof-of-work innovations, JetBolt’s momentum is setting the stage for a new kind of altcoin rise.

As if they’ve spotted treasure on the ocean floor, whales are diving into Solana, Cardano, and Kaspa — could these altcoins be their next big haul? Meanwhile, will JetBolt continue rolling out a game-changing altcoin experience? In this article, we’ll uncover the latest whale activity driving Solana, Cardano, Kaspa, and JetBolt’s climb, and what’s fueling this unexpected crypto shake-up.

Solana (SOL): Surpassing Expectations with Market Gains

Climbing over 14% in 24 hours to reach $188.50, Solana (SOL)’s recent surge has solidified its position among top cryptocurrencies. Solana has recently propelled itself past BNB with its market cap of $88 billion, making it the fourth largest in the crypto market. The rise is fueled by Solana’s massive DeFi expansion, its DEX volume even recently outpaced Ethereum.

Whale activity is a major force here, as SOL’s daily trading volume reached as high as $9 billion recently. As whales accumulate Solana, they’re not just betting on price growth but also on the network’s continued dominance in DeFi, which could provide long-term gains in liquidity and scalability.

Cardano (ADA): Whale Holdings and Major Governance Upgrades

Cardano (ADA) recently surged by 8% to $0.3705, boosted by its Chang 2 hard fork and Node 10.1 launch, which enable full on-chain governance. These upgrades have excited whales, who have moved ADA off exchanges — a notable shift that dropped Cardano’s Large Holder Net Flow by 1181.52% this past week.

This whale accumulation tightens ADA’s supply, supporting its upward price pressure. Cardano’s increased open interest by 6.38% in futures trading adds to its appeal, while stable Total Value Locked (TVL) reflects steady DeFi engagement. With its governance upgrades and whale-supported growth, Cardano is positioning itself as a key player in decentralized governance.

Kaspa (KAS): High-Speed PoW Tech and Whale Demand

Kaspa (KAS) saw a 20% price surge to $0.1191 after the recent US election, reaching a market cap of $3 billion. This increase comes as Kaspa’s unique PoW technology, centered on its GHOSTDAG protocol for fast block confirmations, draws whale attention. Kaspa’s technology sets it apart by supporting high transaction speeds and scalability, making it a standout in the PoW space.

Over the past week, Kaspa’s price saw a sharp dip from a peak of $0.1133 to a low point, followed by a strong rebound, pushing it back to around $0.119. With whales accumulating KAS, its recent trading volume also rose to $160 million.

Furthermore, crypto analysts also view Kaspa as a high-potential PoW option for whales, who are increasingly drawn to its network’s rapid transaction capabilities and growth trajectory.

JetBolt (JBOLT): The Breakout Altcoin Drawing Whale Attention

JetBolt (JBOLT) is making waves with its zero-gas technology and impressive presale, catching the eye of crypto whales. Built on the Skale network, JetBolt delivers lightning-fast, gas-free transactions — a unique edge that’s pulling in crypto whales eager for innovation in the DeFi space.

Alongside an AI-powered crypto tool and easy crypto-earning staking, JetBolt has launched a fully functional product during the presale, which has only fueled demand. Thanks to this, coupled with the allure of the special Alpha Boxes that grant up to 25% extra JBOLT tokens for batch purchases, whales are eagerly rushing in to secure their piece of the action.

With advanced technology and a powerful presale performance, surpassing $490,000 in presale revenue, and whales snapping up JBOLT tokens at lightning speed, JetBolt is the best new altcoin to watch this 2024.

Is Trump’s Win Driving the SOL, JBOLT, ADA, and KAS Surge?

Crypto whales’ current focus on Solana, JetBolt, Cardano, and Kaspa reveals the hope that these altcoins can continue to make waves in the market. Could this pump also reflect renewed optimism following Trump’s recent victory? Given the pro-crypto sentiment surrounding the election, it’s likely that buyer confidence is indeed receiving a boost, adding to the momentum in these tokens.

Final Thoughts: A Crypto Whale’s Game in the Altcoin Market

Crypto whales are making waves with heavy moves into Solana (SOL), JetBolt (JBOLT), Cardano (ADA), and Kaspa (KAS). As Solana’s high-speed transactions and Cardano’s governance updates underscore a path of innovation, Kaspa’s PoW efficiency also adds a competitive edge to the mix. Meanwhile, JetBolt’s presale, with its zero-gas and AI tech, has established this next-gen token as a standout in the crypto space. As these altcoins gain remarkable traction, they illustrate the shifting tides shaping today’s crypto market.

Learn more about JetBolt’s cutting-edge ecosystem and presale by visiting its official website, X/Twitter page, or by joining JetBolt’s Telegram community.

Disclaimer: Please keep in mind that this article is not financial advice. All cryptocurrencies are highly volatile, and prices may change rapidly without notice. Readers should do their own research before making any crypto-related decisions. All market predictions in this article should not be considered guarantees. Always trade responsibly.

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