The post Will Solana (SOL) Crash After The US Election? Solana Price Prediction And Analysis of JetBolt appeared on BitcoinEthereumNews.com.

With the 2024 U.S. election just around the corner, all eyes aren’t just on the candidates—but on how the results could shake up the crypto market. For Solana (SOL), a Kamala Harris win could spell regulatory trouble, putting pressure on its future growth. But while Solana navigates uncertain waters, whales are quietly shifting their focus towards JetBolt (JBOLT)—a new trailblazing altcoin that’s turning heads with its Zero-Gas protocol and fast-growing presale. With over $360,000 and 40 million tokens sold, JetBolt is emerging as a disruptive new crypto coin to buy for whales looking for game-changing blockchain tech. Could JetBolt be the real winner as the political landscape changes? Keep reading to find out. Solana’s Future at Risk if Harris Wins: What’s Next for Solana? Solana is currently trading at $166, up 426.9% from $31.74 in October 2023. As the 2024 presidential race unfolds, the contrasting views on cryptocurrency regulation between candidates Kamala Harris and Donald Trump could make an impact on Solana and the broader crypto market. Harris emphasizes consumer protection, particularly for Black American investors, but remains vague on specific policies. Her approach suggests a continuation of the Biden administration’s focus on stablecoin regulation, which may not provide clear guidance for Solana amid regulatory challenges. In contrast, Trump openly supports cryptocurrency and proposes a “Bitcoin and Crypto Advisory Council.” His focus on Bitcoin mining aims to reduce reliance on centralized banking, potentially creating a more favorable environment for Solana to leverage its technological advancements. However, taking a closer look at Solana’s on-chain data presents a mixed outlook. While the network achieved a record 99.76 million new monthly addresses in September, daily transaction activity has declined, raising concerns about user engagement. If a Harris administration implements stricter regulations, Solana may face significant challenges. Meanwhile, new coins like JetBolt (JBOLT), with…

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Filed under: News - @ October 24, 2024 12:18 am