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Crypto whales are strategically positioning themselves in anticipation of a bull run, with JetBolt, Solana, and XRP emerging as key assets. JetBolt's innovative zero-gas technology and social staking have attracted significant attention, while XRP benefits from rising institutional interest and whale accumulation, potentially driving it to new highs. Solana faces challenges ahead of a major token unlock, but investor confidence and technical resilience suggest a possible rebound.
Solana (SOL) is experiencing a significant shift in its investor base, with long-term holders reducing their stakes and new investors entering the market, reflecting a mix of optimism and caution amid ongoing volatility. The scheduled unlocking of 11.2 million SOL tokens in March 2025 poses a potential risk, as it could lead to increased selling pressure. Analysts are divided, with some predicting a bullish reversal while others warn of challenges ahead, emphasizing the importance of Solana's ability to navigate these structural changes for future growth.
Solana (SOL) has seen a significant shift in its long-term holder base, with old investors liquidating positions and new optimistic holders emerging. Despite a recent price decline to $214, analysts predict a potential bull run, although concerns about an upcoming token unlock event could lead to further corrections. While one analyst forecasts a surge to $4,000, another warns of bearish patterns unless SOL maintains levels above $215.
Solana faces resistance at the descending trendline around $230, with a potential breakout leading to a test of $250. However, if it fails to maintain support at the 50 EMA near $216, a decline to the $194-$200 range could occur, fueled by concerns over an upcoming $2.63 billion token unlock event. Meanwhile, XRP struggles with significant resistance at $2.50 and a drop in transaction volume, while Shiba Inu has breached key support levels, indicating a bearish outlook.
Movement (MOVE), a layer-2 Ethereum-based altcoin, surged over 135% to $1.45 after Coinbase added trading support, though it has since retraced to $0.65. With a market cap of $1.46 billion, MOVE is labeled "experimental" by Coinbase due to its volatility. The programming language Move, developed for the Diem project, underpins this ecosystem, which also includes Sui and Aptos.
A new Ethereum-based layer-2 project, Movement (MOVE), has launched with a fully diluted valuation exceeding $7.7 billion, supported by major exchanges Binance and Upbit. Trading pairs include MOVE/BTC and MOVE/USDT, with the token currently priced at $0.77, marking a 13.8% increase since its debut. Venture capitalist Chris Burniske highlights the potential of the Move ecosystem, which also includes projects like Aptos and Sui, suggesting it could be a significant area to watch.
Chris Burniske
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