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Cryptocurrency News Articles
Ethereum (ETH) and Solana (SOL) Might Have New Competition This Season as Rollblock (RBLK) Takes the Throne as Top Altcoin
Aug 28, 2024 at 12:00 am
Ethereum (ETH) might have been on a downtrend lately, but everything has changed with co-founder Vitalik Buterin emphasizing this Layer 1 network's scalability.
Ethereum (ETH) has finally shown signs of recovery after being on a downtrend for the past 30 days. The co-founder of Ethereum, Vitalik Buterin, highlighted the Layer 1 network’s scalability during his recent appearance on Unchained Podcast.
Highlighting the network’s capability to handle 100,000 transactions per second (TPS) after the upcoming surge in Layer 2 (L2) scaling solutions, Buterin stated, “People talk about Solana (SOL) being able to do 65,000 TPS, but that’s only for simple transactions. For complex transactions, it's more like 2,000 TPS.”
Solana (SOL) Leaning Towards Bullish Momentum After 5% Intra-Day Surge
After rallying 5.09% during intra-day trading hours, Solana is currently valued at $159.26 within a bullish range. Investors are showing renewed confidence in SOL after recording a 23.55% increase in its trading volume over the past 24 hours, while community sentiment is also leaning towards the bullish side.
Presently, Solana is trading above all moving averages on the SOL/USD daily chart. With the RSI in neutral territory and the MACD Level flashing buy signals, Solana could experience massive rallies over the next few weeks. If Solana breaches the pivot at $162.17, it could eventually hit $235.05 in the upcoming bull run.
Investors Flock to Rollblock (RBLK) for Top Altcoin Gains This Season
Viral new presale offer Rollblock is targeting the gains of Ethereum (ETH) and Solana (SOL) in a bid to become the next “play-to-earn” crypto casino. Investors are flocking to RBLK after discovering its potential for a bullish breakout and an 800% surge in presale alone.
What’s making Rollblock the top choice for savvy investors this summer is its all-inclusive virtual casino that combines the best elements of decentralized and centralized gaming. Since Rollblock’s casino is backed on the Ethereum blockchain, all bets and transactions are unchangeable once placed, giving users complete peace of mind as they make big gains.
Unlike other Web3 casinos that have strict KYC policies, Rollblock sets itself apart by boasting a unique no-KYC policy. Instead of going through cumbersome entry barriers, traders can simply join by connecting their crypto wallets.
Aside from offering 150+ AI-powered virtual games, Rollblock also has a revenue-sharing model for investors. Every week, Rollblock invests up to 30% of its revenue into open market buybacks of the native $RBLK token which are then distributed as staking rewards. Half of the repurchased tokens are removed from Rollblock’s circulating supply through a token-burn mechanism which ensures that RBLK’s price will increase in value over time.
Currently, RBLK is being sold for only $0.022 which is a huge steal for any investor looking to make big returns. Since RBLK’s price has already rallied 120% from the initial presale stage, analysts are tipping at another surge soon along with a potential 100x rally by the end of Q4.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/ Socials: https://linktr.ee/rollblockcasino
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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