
Ethereum whales are making big moves, with the number of addresses holding at least 1,000 ETH rising from 5,609 to 5,672 between January 7th and January 12th. This surge in Ethereum whales have triggered wild speculations: could ETH be gearing up to hit $5,000?
Alongside this guesswork, murmurs are swirling about JetBolt (JBOLT) and its exceptionally growing presale which has soared past 265 million tokens sold since launch. Talks are also going around about this young altcoin’s innovative features and utilities that provide real-world benefits.
As JetBolt’s presale picks up steam, will Ethereum break new grounds to reach $5,000? Let’s dive into the spark that could light up Ethereum’s trajectory as we unravel JetBolt’s rapid ascent playbook.
The broad market has lately been going through a price correction, leading many cryptocurrencies to experience a drop, including smart contracts and DeFi titan Ethereum (ETH). Ethereum’s price has been declining over the last two weeks, running the risk of tumbling below $3,000 as ETH hit an earlier low of $3.004.42 before settling at the price of $3,138.65 at the time of writing.
Ethereum whales appear to be capitalizing on the recent market correction to accumulate more ETH. From January 7th to January 12th, the number of addresses holding at least 1,000 ETH jumped from 5,609 to 5,672, reflecting an increase in large holders during this period of volatility. With the current count of ETH whales reaching its highest level since February 2024, this growing interest from major players could indicate potential upward momentum if the accumulation trend persists.
Although Ethereum kicked off the new week on a bearish note with an 8% decline on January 13th, analysts cite that market momentum could shift due to several factors. These include Ethereum’s awaited Pectra fork upgrade, developments in macroeconomic conditions, and renewed institutional interest.
Ethereum’s path forward also entails hurdling key resistance levels. Accordingly, Ethereum’s EMA lines are currently displaying a bearish pattern, with all short-term lines lying below the long-term ones. If Ethereum can reverse the downtrend, ETH could test the critical support level at $3,300, then aim for potential breakouts to $3,545 or even $3,745.
ETH maxis and some analysts remain optimistic about the long-term prospects for Ethereum. However, ETH’s ambitious $5,000 target may not likely happen in the near term. For the coin to surge to the elusive $5,000 mark, ETH will have to stage an aggressive rally, driven by strong fundamentals and tempered with favorable market conditions.
Against the backdrop of Ethereum’s quest for $5,000, the crypto space also buzzes with excitement over the young altcoin JetBolt (JBOLT)—with talks circulating about its zero-gas technology, integrated Web3 wallet, and other utilities. JetBolt’s presale has surpassed 265 million tokens sold since its debut, highlighting the growing market appeal among buyers and crypto whales.
JetBolt’s breakthrough zero-gas technology is a game-changing innovation that eliminates gas fees. Built on the Skale Network, users can pursue even multiple blockchain transactions without having to pay gas costs. This feature could serve as a catalyst for adoption and blockchain innovation, enabling developers to create cost-saving dApps, gaming, and Web3 projects.
With the advent of AI technology, JetBolt’s AI-driven crypto tool comes timely. This next-gen platform functionality delivers the latest blockchain news and market data, categorized by market sentiments.
JetBolt also reshapes the staking front, adding an interactive layer to its staking program. This is designed to reward stakers with bonus tokens whenever they connect with others on the platform. Moreover, JetBolt comes with a user-centric Web3 wallet that enables seamless and secure transactions using the advanced WebAuthN and face recognition features.
Beyond the cutting-edge features, JetBolt also has wonderful presale perks. Early participants can avail the exclusive Alpha Box bundles which give up to 25% extra tokens for bulk purchases. Buyers can use this opportunity to get ahead of the official launch with the token price rising daily.
With tech-powered features and practical benefits that enhance user experience, JetBolt’s presale continues to pick up steam, pulling in whales and buyers who are on the hunt for new altcoins that showcase next-generation innovations.
As the broader market grapples for resurgence, Ethereum’s dream to reach $5,000, while not surreal to completely abandon, may take a longer time to achieve. Macroeconomic developments, institutional interest, holding support above key resistance levels, and market volatility could have critical impacts—posing complex challenges to ETH’s path toward reaching $5,000. Meanwhile, JetBolt, despite being a young market player, continues to draw significant attention with its groundbreaking innovations and Web3 utilities that deliver tangible user benefits. Having sold over 265 million tokens in presale, JetBolt’s momentum keeps spiraling upward, making this presale altcoin one of the sensational new altcoins to watch in 2025.
Head to the official JetBolt website now to learn more about JetBolt’s thrilling presale incentives and its distinct features.
This content does not offer financial or trading advice. Before buying any digital asset, remember to do your own research as the market constantly moves and all cryptocurrencies carry inherent risks.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.