Solana (SOL) teeters on a crucial support level that could make or break its path toward experts’ predictions of a $500 price climb. After rallying above $180—driven by the stellar performance of meme coins on its network—Solana has dipped to $169, prompting market watchers and buyers to closely monitor SOL’s next major move.
In addition to following Solana’s price prediction news, buyers are also watching the latest developments surrounding a young, zero-gas coin. JetBolt’s (JBOLT) presale continues to surge, as shown by its jaw-dropping milestone of over 353 million tokens sold.
Can JetBolt sustain its presale momentum? And can SOL bounce off critical support and climb toward $500? Read on for the latest updates on JetBolt and Solana price forecasts.
Solana Price Forecast: Can SOL Reach $500 Soon?
After an impressive run earlier this month, Solana (SOL) stumbled, dropping nearly 10% over the past week. At the time of writing, SOL is trading at approximately $169.
Chart showing SOL’s 1-month price trend from CoinGecko
According to Manish Chhetri’s analysis, trading around $160 means SOL is approaching its critical support zone. Solana’s recent price action has left analysts and buyers wondering: Can SOL bounce off critical support levels and reach $500?
Chhetri highlighted Solana indicators showing its present bearish momentum. If SOL continues to trade below $160 on a daily basis, a steep double-digit drop could follow, potentially sending SOL down to $141.
Marcel Pechman’s analysis echoes a similar price forecast. The report noted that despite Solana’s rising total value locked (TVL) and network fees, the exact catalyst needed to push SOL to a higher price level—like $500—remains unclear.
For now, SOL holding above $169 is a key level to watch, one that will determine whether a major price move could follow.
JetBolt (JBOLT) Presale Surges with Over 353 Million Tokens Sold
While Solana’s surge to $500 remains uncertain, large buyers are keeping an eye on JetBolt (JBOLT) as its presale continues to gain momentum. Since this presale began, JetBolt has stunned the market by selling over 353 million tokens and generating more than $3.2 million in sales.
What’s driving this presale frenzy? JetBolt is packed with revolutionary features, with zero-gas technology leading the charge. This Skale-powered tech enables crypto users to carry out blockchain transactions without incurring expensive gas fees—a longstanding barrier in the crypto space.
JetBolt also features the latest tech advancements like artificial intelligence. Its AI-powered crypto insights and news tool delivers crypto market updates and other relevant blockchain developments in a concise format.
JetBolt’s intuitive staking interface is also seen as a key factor behind its rising presale sales. Its user-friendly staking platform not only attracts participants but also keeps them engaged, offering additional rewards to those who stake their JBOLT tokens while connecting with friends on the platform.
Another factor enhancing JetBolt’s appeal is its attractive presale perks. Early adopters can receive up to 25% bonus tokens when purchasing Alpha Boxes or JBOLT tokens in batches.
All in all, JetBolt’s cutting-edge features, strong presale momentum, and generous bonuses explain its continued surge.
Conclusion — Solana Price Route and JetBolt’s Rapid Ascent
As May winds down, Solana finds itself at a defining moment. Trading at around $160 has sparked mixed Solana price prediction discussions, with some experts seeing the persistence of bearish trends due to a lack of much-needed catalysts.
On the other hand, JetBolt is on fire. Its astounding presale milestone of 353 million tokens sold is a testament to how early buyers are captivated by its game-changing Web3 features.
Learn more about JetBolt by checking out the official JetBolt website today.
This write-up does not provide financial or crypto trading advice. Remember to tread carefully and do your own research (DYOR) before acquiring any crypto asset. All cryptocurrencies are inherently risky and volatile.
