Ethereum Price Prediction: Will ETH Smash $10,000 with New Upgrade as JetBolt Outshines Competitors

News about Ethereum (ETH) hasn’t been great lately, especially regarding its Pectra Upgrade. The network faced a finality issue when it went live on the Holesky Testnet on February 25th. Adding to the concerns, ETH tokens worth approximately $1.4 billion were recently stolen in a hack on the ByBit platform. Market observers are now wondering: can Ethereum overcome the hurdles and smash $10,000?

On the other hand, the new altcoin JetBolt (JBOLT) outshines competitors with its presale reporting close to 335 million in token sales. This young altcoin disruptor features zero-gas technology that resolves one of the longstanding blockchain challenges: gas fees.

As Ethereum tries to rebound from its Pectra Upgrade woes, can ETH still hit the coveted $10K mark? And what’s behind the climbing whale interest with JetBolt? Let’s discover.

Ethereum Price Prediction: Can Ethereum Break $10,000?

Ethereum (ETH) is holding above $2,342.58 today and has reportedly been down by 25.9% in the last thirty days. The network recently ran into a finality glitch during its Pectra Upgrade test. While developers are still looking into the incident, Ethereum has yet to release a statement on the issue. Now, what is the Pectra Upgrade all about and can ETH break $10,000? 

With another test run slated for March 5th, this time on the Sepolia testnet, Ethereum reported that this may also be delayed as developers need time to sort out the Pectra Upgrade issues. Additionally, ETH said the main activation could take place in early April.

Proposed in November 2023, Ethereum's Pectra Upgrade aims to enhance the network's performance by lowering gas fees, optimizing smart contracts, and refining the platform's staking options. ETH's Pectra Upgrade also includes technical upgrades such as the Peer Data Availability and Verkle Trees, which are set to roll out by 2026.

As ETH’s Pectra Upgrade has been paused to make way for technical adjustments and improvements, some analysts believe ETH could still smash the $10,000 milestone, but it might take some time. ETH has to smash ceilings, hit price milestones, ride on bullish momentum, increase its institutional adoption, and push for the implementation of the Pectra Upgrade.

JetBolt (JBOLT)’s Presale Reaches 335 Million Token Sales: What’s Behind the Surging Whale Interest?

While Ethereum is trying to recover from its recent setbacks, the new altcoin JetBolt (JBOLT) is drawing significant attention from crypto whales and enthusiasts with its soaring presale that has already sold close to 335 million tokens. Powered by the groundbreaking Skale Network, JetBolt offers zero-gas technology that eliminates gas fees from all blockchain transactions on its platform. 

This innovative solution favors developers working on decentralized applications (dApps), blockchain gaming, and other Web3 projects. That's because these creators can now carry out multiple blockchain interactions without being hassled by often sky-high gas fees.

Aside from gas-free transactions, JetBolt features an AI-powered utility that aggregates snippets of crypto news and stories that have been automatically categorized based on bullish or bearish market sentiment.

Innovation is at the heart of JetBolt, as this new disruptor boasts an integrated Web3 wallet that enhances the login process for its users. Thanks to its biometrics technology, enthusiasts can log in easily on the platform. JetBolt’s Web3 wallet is also self-custodial which means token holders can have full ownership and control of their accounts. 

JetBolt also ensures transactions on the platform are streamlined with its rapid transaction processing and near-instant finality features.

Buyers who acquire batches of JBOLT tokens can take advantage of special Alpha Box packages, which offer up to 25% bonus tokens for such purchases. Coupled with JetBolt’s token price increasing daily, it’s clear why whale interest in this young disruptor continues to soar. 

Wrapping Up: Will ETH Smash $10,000 with New Upgrade as JetBolt Outshines Competitors

While Ethereum smashing $10,000 is unlikely to happen at the moment, analysts believe ETH needs to resolve the Pectra Upgrade finality issues. The new altcoin JetBolt (JBOLT) is outshining its competitors with its trailblazing presale that has sold nearly 335 million tokens. This young altcoin continues to attract crypto whales with its zero-gas technology and other innovative blockchain solutions.

Explore more about JetBolt by visiting its official website and X page today. 

This piece is for informational purposes and should not be taken as trading or financial advice. All cryptocurrencies are highly volatile—their prices change rapidly and the crypto market has been known to shift abruptly. Please do your own research before acquiring any cryptocurrency or engaging the market. Trade responsibly.