Ethereum ($ETH) Ready to Bounce as Active Addresses Rise, But Will It Outpace Solana ($SOL)?

It looks as though Ethereum is poised to play catch-up in the weeks ahead after lagging behind its rival Solana for most of this cycle. Find out what this means for Ethereum-based tokens, including the hugely oversubscribed GameFi presale Rollblock ($RBLK), which is being tipped for incredible 50x gains this bull run.

Ethereum (CRYPTO: ETH) price action has lagged behind its rival Solana (CRYPTO: SOL) for most of this cycle, but recent price action suggests that the second-largest crypto by market cap is poised to play catch-up in the weeks ahead.

Here’s a closer look at what this could mean for Ethereum-based tokens, including the hugely oversubscribed GameFi presale Rollblock ($RBLK), which is being tipped for incredible 50x gains this bull run.

Ethereum Ready to Bounce as Active Addresses Rise

After losing 1.3% to hit $3.1k over the past 7 days, Ethereum price action has added an impressive 15% over the past month after bouncing from support at $2.3k.

However, a closer look at on-chain activity suggests that Ethereum will soon run towards $4k, as the number of daily active addresses on Ethereum have risen over the past 30 days from 377,000 to hit 487,000 on November 19.

This indicates that traders are stepping back into the Ethereum ecosystem after a long summer in which Ethereum dominance fell below 13%. If this increase in adoption continues, we could well see Ethereum surge ahead of Solana during the next part of the cycle.

Solana Stablecoin Launch Boosts DeFi Prospects

Solana price action, on the other hand, is not likely to go down without a fight, and has recently been racing ahead of its rivals to take fourth position in the CoinMarketCap crypto index.

Solana price action is down 3% today to hit $238, following an extraordinary month of trading which has seen over 42% added to Solana’s value. This has brought Solana’s market cap above $113 billion as it approaches its 2021 all-time high of $259.

The USDS stablecoin was recently launched on Solana, which will increase DeFi usage via a Wormhole integration. This will further boost investor confidence in Solana at a time when the odds of a Solana ETF being approved are getting better by the day.

Rollblock Taking the Presale Prize as Investors Scramble for Stage 8 Coins

While Ethereum and Solana fight it out at the top of the crypto tree, the low-cap upstart gem Rollblock ($RBLK) has quietly been making new all-time highs all summer and has delivered over 350% gains for its diamond-handed early adopters.

Rollblock has taken in more than $5.6 million from over 22,000 investors who have all been drawn to the vast promise Rollblock offers to disrupt the $450 billion online gaming industry.

Rollblock aims to achieve this through its innovative use of up-to-date blockchain technology, which allows the platform to do away with any allegations of game tampering.

With a hard cap of a billion tokens, $RBLK cannot be printed out of thin air and will, in fact, offer a deflationary supply over time thanks to a revenue-sharing scheme.

This will use Rollblock profits each week to buy back the token, burning 60% while allocating the remaining 40% to the community through staking rewards.

The presale discount of $0.036 is proving exceptionally popular, and over 30% of Stage 8 tokens have already been sold. Analysts are predicting massive 50x moves as this bull run matures and Rollblock continues its parabolic rise.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

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