Markets.com Logo
euEnglish
LoginSign Up

Solana Price Prediction: Will SOL Hit $1,000 after its impressive rebound

Dec 1, 2024
3 min read
Table of Contents
  • 1. Is Solana on Track for a $1,000 Rally?
  • 2. Zero Gas Crypto? JetBolt Continues to Surge

Solana-width-1200-format-jpeg.jpg

The crypto market surges with activity as whales execute significant trades, generating excitement around Solana (SOL) and JetBolt (JBOLT), analysts suggesting that Solana could surge to $1,000 following its impressive rebound to $238.36.

Meanwhile, JetBolt is establishing itself as a newcomer in the altcoin space, attracting significant interest from whales. With over 100 million tokens sold, JetBolt’s innovative zero-gas technology, coupled with whale activity, could be the key to its success.

As whales focus on these projects, a breakout seems imminent. The pressing question is: will Solana reach $1,000 as JetBolt continues to rise? Let’s explore the Solana price prediction and JetBolt’s successful presale.
 


Is Solana on Track for a $1,000 Rally?


The excitement surrounding Solana's (SOL) ambitious $1,000 price target is more pronounced than ever, propelled by its impressive recovery from recent market fluctuations. While this goal remains on the horizon, Solana's steady ascent reflects a blockchain poised to compete with crypto leaders.

Despite this momentum, SOL faced a significant decline from its November 23 peak of $263.80 and is currently trading at $238.07 as market dynamics begin to stabilize.

On the bright side, SOL’s Total Value Locked (TVL) has skyrocketed by 48%, leaving rivals like BNB Chain and Tron in the dust. Key contributors to this growth, such as Jito, Jupiter DEX, and Raydium, reflect the ecosystem’s vibrancy and the innovative spirit driving Solana forward.

The current price action for Solana indicates that it may not reach the $1,000 mark in the near future. If it remains above $229, a rally toward its all-time high of $264 could be possible, with potential resistance levels around $297 and the psychological $300 threshold—representing an anticipated 28% increase from current prices.

On the other hand, if Solana dips below $229, it could see a pullback to $211 or $195, with stronger support around $155, indicating a potential 33% decline. While breaking through the $300 barrier could open up new opportunities, pinpointing resistance levels beyond its all-time high becomes increasingly difficult.
 


Zero Gas Crypto? JetBolt Continues to Surge


JetBolt (JBOLT) is transforming the crypto landscape with its successful presale and innovative features. At the forefront is its zero-gas technology, which completely eliminates gas fees, removing a significant barrier for users and enabling developers to create engaging Web3 projects without additional costs.

However, JetBolt goes beyond just advanced technology; it prioritizes user experience within its ecosystem. Its AI-powered tool provides an aggregated stream of crypto news and trends, blending artificial intelligence with Web3 for a captivating experience.

Whether you’re a newcomer or an experienced crypto enthusiast, JBOLT’s user-friendly Web3 wallet offers seamless access to its utilities. Additionally, staking with JetBolt is designed to be more than just a way to earn rewards—it’s a gamified, interactive experience that makes token holding exciting.

Early adopters can take advantage of exclusive benefits, including up to 25% additional tokens through Alpha Box packages, with the presale featuring price increases every 24 hours. With its innovative approach and community focus, JetBolt is carving out its niche amidst a crowded field of altcoins and memecoins.
 


Risk Warning: this article represents only the author’s views and is for reference only. It does not constitute investment advice or financial guidance, nor does it represent the stance of the Markets.com platform.When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients. 

Frances Wang
Written by
Frances Wang
SHARE

Markets

  • Palladium - Cash

    chartpng

    --

    0.52%
  • EUR/USD

    chartpng

    --

    -0.72%
  • Cotton

    chartpng

    --

    -0.06%
  • AUD/USD

    chartpng

    --

    -0.70%
  • Santander

    chartpng

    --

    1.35%
  • Apple.svg

    Apple

    chartpng

    --

    -0.02%
  • easyJet

    chartpng

    --

    0.55%
  • VIXX

    chartpng

    --

    0.29%
  • Silver

    chartpng

    --

    0.00%
Tags DirectoryView all
Table of Contents
  • 1. Is Solana on Track for a $1,000 Rally?
  • 2. Zero Gas Crypto? JetBolt Continues to Surge

Related Articles

Trending Stocks Today: PLTR Stock , MCVT Stock, SMCI Stock, NVDA Stock

Trending Stocks Today: in the ever-evolving landscape of financial markets, certain stocks catch the attention of market participants due to their innovative approaches and strategic developments.

Frances Wang|about 23 hours ago
Interest rate cut percentage

Week Ahead: Interest Rate Decisions from Fed, BoC, and BoJ in Focus

The U.S. JOLTs job openings for May stood at 7.769 million, with June’s figure (due 29 July, 1400 GMT) expected to fall to 7.1 million, signalling a cooling labour market under tight Fed policy.

Tommy Yap|1 day ago

ECB Rate Cut Expectations Revised Amid Economic Resilience

Following the ECB's decision to hold interest rates steady, Goldman Sachs and JPMorgan Chase revised their expectations for future rate cuts, considering the economic resilience and potential developments in EU-US trade relations.

Liam James|3 days ago
Markets.com Logo
google playapp storeweb tradertradingView

Contact Us

support@markets.com+12845680155

Markets

  • Forex
  • Shares
  • Commodities
  • Indices
  • Crypto
  • ETFs
  • Bonds

Trading

  • Trading Tools
  • Platform
  • Web Platform
  • App
  • TradingView
  • MT4
  • MT5
  • CFD Trading
  • CFD Asset List
  • Trading Info
  • Trading Conditions
  • Trading Hours
  • Trading Calculators
  • Economic Calendar

Learn

  • News
  • Trading Basics
  • Glossary
  • Webinars
  • Traders' Clinic
  • Education Centre

About

  • Why markets.com
  • Global Offering
  • Our Group
  • Careers
  • FAQs
  • Legal Pack
  • Safety Online
  • Complaints
  • Contact Support
  • Help Centre
  • Sitemap
  • Cookie Disclosure
  • Awards and Media

Promo

  • Gold Festival
  • Crypto Trading
  • marketsClub
  • Welcome Bonus
  • Loyal Bonus
  • Referral Bonus

Partnership

  • Affiliation
  • IB

Follow us on

  • Facebook
  • Instagram
  • Twitter
  • Youtube
  • Linkedin
  • Threads
  • Tiktok

Listed on

  • 2023 Best Trading Platform Middle East - International Business Magazine
  • 2023 Best Trading Conditions Broker - Forexing.com
  • 2023 Most Trusted Forex Broker - Forexing.com
  • 2023 Most Transparent Broker - AllForexBonus.com
  • 2024 Best Broker for Beginners, United Kingdom - Global Brands Magazine
  • 2024 Best MT4 & MT5 Trading Platform Europe - Brands Review Magazine
  • 2024 Top Research and Education Resources Asia - Global Business and Finance Magazine
  • 2024 Leading CFD Broker Africa - Brands Review Magazine
  • 2024 Best Broker For Beginners LATAM - Global Business and Finance Magazine
  • 2024 Best Mobile Trading App MENA - Brands Review Magazine
  • 2024 Best Outstanding Value Brokerage MENA - Global Business and Finance Magazine
  • 2024 Best Broker for Customer Service MENA - Global Business and Finance Magazine
LegalLegal PackCookie DisclosureSafety Online

Payment
Methods

mastercardvisanetellerskrillwire transferzotapay
The www.markets.com/za/ site is operated by Markets South Africa (Pty) Ltd which is a regulated by the FSCA under license no. 46860 and licensed to operate as an Over The Counter Derivatives Provider (ODP) in terms of the Financial Markets Act no.19 of 2012. Markets South Africa (Pty) Ltd is located at BOUNDARY PLACE 18 RIVONIA ROAD, ILLOVO SANDTON, JOHANNESBURG, GAUTENG, 2196, South Africa. 

High Risk Investment Warning: Trading Foreign Exchange (Forex) and Contracts For Difference (CFDs) is highly speculative, carries a high level of risk and is not appropriate for every investor. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin. Please read the full  Risk Disclosure Statement which gives you a more detailed explanation of the risks involved.

For privacy and data protection related complaints please contact us at privacy@markets.com. Please read our PRIVACY POLICY STATEMENT for more information on handling of personal data.

Markets.com operates through the following subsidiaries:

Safecap Investments Limited, which is regulated by the Cyprus Securities and Exchange Commission (“CySEC”) under license no. 092/08. Safecap is incorporated in the Republic of Cyprus under company number ΗΕ186196.

Markets International Limited is registered  in the Saint Vincent and The Grenadines (“SVG”) under the revised Laws of Saint Vincent and The Grenadines 2009, with registration number  27030 BC 2023.

Close
Close

set cookie

set cookie

We use cookies to do things like offer live chat support and show you content we think you’ll be interested in. If you’re happy with the use of cookies by markets.com, click accept.