Edward Snowden's Solana Remarks Spark JetBolt's Rise as a New Altcoin Contender

We delve into Solana's latest developing story, and how it may affect the launch of new cryptocurrencies like JetBolt.

Solana (SOL) has been buzzing with activity ever since Edward Snowden called out the blockchain for being overly centralized. His矛头直指Solana对速度和低成本的执着，暗示了solana网络集中化风险，甚至将其称为“meme币和骗局币”的平台。

Naturally, this sparked debates. Some SOL supporters aren’t buying it, arguing that Solana’s high-speed transactions and developer ecosystem set it apart. However, with Solana currently trading around $137 and showing signs of volatility, some investors are closely watching its performance. The RSI (Relative Strength Index) suggests the token might be entering oversold territory, while its daily trading volume remains robust, hovering around $2.7 billion.

Solana’s RSI chart shows the asset nearing oversold territory at 33.45, hinting at possible continued bearish momentum or reversal.

In the midst of this, Solana fans are pointing to their progress—like the Firedancer validator client, which is meant to help with decentralization. And let’s not forget that big players like Franklin Templeton are still interested in launching a mutual fund on the Solana blockchain, aiming to improve transaction efficiency and transparency. The fund will focus on short-term U.S. government securities, benefiting from Solana’s fast processing and low fees.

But Snowden’s remarks have started debates about the potential downsides, like centralization and the risk of regulation. Crypto enthusiasts are now asking: Can Solana keep climbing, or is it time to explore new altcoins with more room for growth such as JetBolt?

JetBolt Whale Activity Draws Eyes—and for Good Reason

While the Solana community ponders its next steps, savvy traders and crypto whales are making some intriguing moves toward JetBolt (JBOLT). The JetBolt presale has already raked in over $250,000, a clear sign that the token’s potential isn’t going unnoticed. What makes JetBolt stand out is its zero-gas fees and AI-powered market insights, which are attracting crypto whales who see an emerging opportunity.

What’s catching everyone’s attention is the heightened whale activity around this new token’s presale. Large-scale crypto buyers are flocking to JetBolt, seeing an opportunity to diversify apart from established coins. And let’s be honest—when the whales move, the crypto community tends to follow. Crypto enthusiasts are praising JetBolt’s smooth user experience thanks to other advanced attributes, such as near-instant finality on transactions.

When the big players start shifting their focus, the market usually follows suit, and that’s exactly why a growing number of crypto traders are starting to explore JetBolt as a high potential altcoin. If you want to gain insight on where the market might head next, closely monitoring whale activity, similar to what’s currently happening with JetBolt’s presale, could be the key.

The above is the detailed content of Edward Snowden's Solana Remarks Spark JetBolt's Rise as a New Altcoin Contender. For more information, please follow other related articles on the PHP Chinese website!