Solana (SOL) is making waves with a major institutional push—Franklin Templeton’s recent ETF filing could be a game-changer. If approved, this ETF won’t just track SOL’s price but also offer staking rewards, making it a unique investment vehicle. But with SOL’s price dipping 13.72% in 24 hours, can it still surge to $500?
While Solana’s ETF news sparks discussions, JetBolt (JBOLT) is rising in prominence with its Zero-Gas Technology and whale surge, driving more than 334 million token sales in its ongoing presale. With AI-powered insights and interactive staking, this new altcoin is making a strong case for itself.
Will institutional adoption fuel Solana’s next big rally, or is JetBolt the rising star to watch? Let’s dive in.
Could SOL surge to $500? Franklin Templeton Bets Big on Solana ETF
On February 21, Franklin Templeton filed for an ETF that would track Solana’s (SOL) price, signaling growing institutional interest in the blockchain. The ETF would offer more than just price exposure—it would also include staking rewards from Solana’s proof-of-stake mechanism, allowing investors to earn additional returns. This exciting development has led some crypto maxis to speculate whether SOL could surge to $500.
Solana’s bearish price actions over the past seven days. Source: CoinMarketCap
However, Solana’s recent price performance has been rocky. Currently priced at $159.31, SOL dropped 13.72% in the past 24 hours and 20.52% over the past week. However, it should be noted that SOL tokens grew significantly if we factor in its 37.83% yearly growth.
Despite these struggles, crypto whales and institutional investors cited Solana’s fundamental strengths—scalability, low fees, and speed—as their determining factors.
Franklin Templeton has partnered with Coinbase Custody to secure the ETF’s assets, ensuring compliance with U.S. regulations. If approved, the Solana ETF will be listed on the Cboe BZX Exchange, providing liquidity and access to a wide range of investors.
While the SEC’s decision is still pending, the ETF’s potential—if approved—could open the floodgates for the crypto market by offering a regulated way for investors to access Solana and its staking rewards. However, there’s no guarantee that SOL could reach $500. The recent price turbulence is an overcast for Solana’s trajectory.
JetBolt Whale Surge: This Zero-Gas Altcoin Nearly Sold 330M+ Tokens and Counting
As excitement around Solana ETFs grows louder, JetBolt is carving out its own legacy in the blockchain space. This emerging altcoin has already shattered its previous milestone, selling more than 334 million tokens and counting.
JetBolt’s appeal lies in its Zero-Gas Technology, a revolutionary feature that eliminates gas fees typically associated with blockchain transactions. By removing this barrier, JetBolt offers a seamless solution in an industry where gas fees can be a dealbreaker, especially for newcomers.
The innovation doesn’t stop there. JetBolt’s AI-powered market insights transform how users engage with crypto news. Instead of sifting through endless updates, JetBolt users receive categorized snippets based on market sentiment on an easy-to-access page or through a daily newsletter.
In addition, JetBolt introduces a social and interactive staking system, rewarding users for staking their tokens and engaging with the community. JetBolt makes staking fun, interactive, and, most importantly, rewarding.
Moreover, crypto whales have been spotted purchasing JBOLT tokens in batches through the Alpha Box bundles. These presale exclusive deals grant up to 25% extra tokens – a great way to get more bang for your buck.
JetBolt’s presale offers instant custody wherein users can access their tokens and the platform’s features immediately after purchase. As Web3 adoption accelerates, JetBolt’s combination of gas-less transactions, AI-driven utility, and engaging staking rewards is capturing attention.
Conclusion: Solana’s $500 Goal and JetBolt’s Whale Surge
With Franklin Templeton’s Solana ETF in the pipeline, institutional interest in SOL is stronger than ever. While price volatility remains a concern, market experts are looking at Solana’s staking rewards and fundamentals in the long term—fueling speculation that SOL could reach $500. However, challenges remain, making reaching this price target potentially difficult – at least for now.
On another front, JetBolt’s whale surge in token sales has caught the eye of many. With more than 334 million tokens sold and counting, JetBolt is one of the hottest crypto coins right now.
Learn more about JetBolt’s innovation by visiting the official website now.
This article is not financial advice. Be aware of the crypto market’s inherent risks and unpredictability—trade responsibly. Always do your own research and exercise caution.
