December Could Be a Game-Changing Month for Cryptocurrencies Like Sui (SUI), Stellar (XLM), and Rollblock (RBLK)

Analysts predict these digital assets may exceed traders' expectations, driven by market dynamics and growing adoption.

Cryptocurrencies like Sui (SUI), Stellar (XLM), and Rollblock (RBLK) could be set for a strong December, as analysts predict these digital assets may outshine traders’ expectations. Driven by favorable market dynamics and increasing adoption, these tokens are positioned for potential overperformance.

SUI, Stellar, and Rollblock Showcase Strong Potential for Growth

Sui (SUI), Stellar, and Rollblock are all demonstrating promising growth narratives. Sui, a layer-1 token in the Ethereum altcoin space, has seen strong performance this year. However, SUI’s growth has slowed recently, partly due to an outage that halted block production.

Despite this slowdown, Sui has seen impressive gains, ranking among the top performers. While most layer-1 tokens have posted gains, only two tokens in the top 10 are showing losses for the past seven days. One of these tokens is Solana (SOL), which is down 2.24%.

In contrast, Sui is showing losses of 3.5% for the past seven days, indicating a slowdown in its rapid ascent. However, to put this into perspective, Solana is up 102.7% for the past 30 days, while Sui is up a massive 66.3%.

The Sui ecosystem has also seen interesting developments. Recently, Sui announced partnerships with Babylon Labs, Lombard Protocol, and Cubist to enable Bitcoin staking on the Sui platform.

Starting in December, Bitcoin holders will be able to stake BTC using Babylon’s protocol to receive LBTC, a liquid staking token created on Sui. This token will support lending, borrowing, and trading in Sui’s DeFi ecosystem.

Stellar (XLM) has also seen impressive price performance this year, as the cryptocurrency market has seen a strong recovery. With the market capitalization of the total crypto market expanding to $3.42 trillion, Stellar’s price has also been rising.

After closing 2021 at around $0.20, Stellar's price has now surged to over $0.48, showing an increase of 3.69% in 24 hours. Moreover, Stellar has achieved a gain of over 447% in just one month.

According to CNF, Stellar ranks 15th in the top cryptocurrencies with a market cap of $15.38 billion. This placement and Stellar’s performance are generating optimism about its future trajectory.

If buyers can continue to push through critical resistance levels, Stellar could be set for additional gains. Analysts are eyeing key price targets at $0.58, an achievable $0.71, and the long-term goal of reaching the Jan 2018 high of $0.91.

Rollblock Leverages Online Gambling, Ethereum for Transparency

Online gambling has become a massive global industry, with revenues exceeding $500 billion annually. At the same time, DeFi is also expanding rapidly, with total value locked (TVL) now at over $118 billion.

Rollblock combines both of these sectors with its GambleFi token, which is leveraging the public adoption of both online gambling and DeFi to provide financial opportunities for RBLK token holders.

While SUI and Stellar are both available on cryptocurrency exchanges, Rollblock can only be purchased directly from its website at a price of $0.037.