Cryptocurrency

Ethereum Price Prediction: Will ETH Obtain $10,000 as ETH Gas Fees Drop 90%, While JetBolt Appeal Grows

Written By : IndustryTrends

Ethereum (ETH) gas fees reportedly dropped by over 90% on February 7th following a decision by validators to raise the gas limit per block. Some analysts believe that this development could pave the way for ETH's price to bounce back and potentially trigger a trend reversal. However, despite this bullish development, ETH still faces a 3.71% decline over the last 24 hours, trading at $2,601.00 today. Now, the big question remains: can ETH still reach $10,000 soon?

In other altcoin news, the newcomer JetBolt (JBOLT) is making headlines with its soaring momentum of selling over 320 million tokens since its presale started. With the young token's zero-gas tech and AI utility, JetBolt continues to gain attention in the crypto community.

With Ethereum's gas fees dropping by more than 90%, can ETH finally hit the coveted $10K mark? And what's driving behind JetBolt's growing appeal? Let's find out.

Ethereum Price Prediction: Can ETH Attain $10,000?

On February 7th, Ethereum gas fees plummeted by 93% after validators agreed to raise the gas limit per block. This change has aligned Ethereum's transaction fees more closely with those of its competitor, Solana (SOL). Market observers anticipate that this could help Ethereum bounce back and potentially lead to a bullish turnaround.

However, despite this encouraging development, ETH still declined by 3.71% in the last 24 hours, trading at $2,601.00 as of press time. This raises an important question: can ETH still attain the $10,000 mark?

According to analysts, several factors are contributing to Ethereum’s shortfall, including the Securities and Exchange Commission’s (SEC) decision to delay BlackRock's Ethereum exchange-traded funds (ETF) options trading until April 9th, as well as some bearish technical indicators.

Chart illustrating Ethereum (ETH)’s price hitting $2,485.95 on February 3, according to the CoinMarketCap data.

Based on ETH's technical indicators, ETH's Exponential Moving Average (EMA) and Simple Moving Average (SMA) are still showing bearish signals. On the other hand, the Relative Strength Index (RSI) value is at 32.22, indicating a buying opportunity, while ETH's market remains in a neutral position.

Analysts suggest if Ethereum can acquire bullish momentum, gain renewed interest among investors, break some major resistance levels, and secure more whale activity, ETH’s price could possibly reclaim its $3,000 threshold.

However, reaching $10,000 is unattainable in the short run, as the coin is still facing continued selling pressure. With the upcoming Pectra Upgrade set to roll out on the two testnets on February 24th and March 5th, analysts are optimistic that it could slightly propel ETH’s price.

JetBolt (JBOLT)’s Presale of Over 320 Million Tokens Sold—  What’s the Mounting Hype?

While Ethereum obtaining the $10K mark might take some time, the new altcoin JetBolt (JBOLT) is at the center of this month’s attention in the crypto community with its new presale milestone of selling over 320 million tokens. Powered by Skale Network, JetBolt’s zero-gas technology clears off the need to pay for the headache costs of gas fees in blockchain transactions. 

Aside from this blockchain solution, JetBolt harnesses the power of artificial intelligence (AI) within its scalable and innovative ecosystem. The cutting-edge AI tool displays blockchain news, crypto trending stories, and Web3 content categorized by market sentiment.

Spicing up JetBolt’s tech prowess, the rising altcoin provides a sleek Web3 wallet system with biometric, facial authentication, as well as self-custodial control features. Furthermore, JetBolt’s lightning-fast and near-instant finality attributes contribute to its impressive technical outlook. 

Leveraging the Proof of Attendance and Worth protocol, JetBolt allows users to earn extra rewards when they simultaneously stake their tokens and engage with other users on the platform.

Besides staking rewards, early adopters can acquire up to 25% additional tokens by purchasing Alpha Box packages or batch token deals. Moreover, JetBolt’s token price increases daily, which early buyers could take advantage of during its ongoing presale.

With its functional ecosystem featuring zero-gas technology, an AI-driven tool, and a Web3 wallet, it’s no wonder JetBolt is mounting hype in the cryptocurrency arena.

Quick Recap: Will ETH Obtain $10,000 as JetBolt Appeal Grows

Ethereum obtaining the $10,000 mark is improbable at the moment, as ETH is encountering some bearish technical indicators. However, analysts are optimistic that the first-phase launch of the Pectra Upgrade this February and March can boost ETH’s price. 


Meanwhile, the new altcoin JetBolt (JBOLT) is setting a bar high with its presale milestone of over 320 million tokens sold since its inception. This young crypto boasts zero-gas technology, a sleek Web3 wallet system, and an intuitive rewarding staking system that captures the attention of crypto enthusiasts and buyers. With its fantastic presale record and revolutionary features, JetBolt comes off as one of the most intriguing next-gen altcoins to look out for in 2025.

For more information, visit JetBolt’s official website and X page today. 

This write-up does not offer trading and financial advice here. All cryptocurrencies change their prices immediately, and the crypto market shifts frequently. Please carry out your own research prior to buying any cryptocurrency. Trade cautiously.

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