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Cryptocurrency News Articles
Rollblock Continues to Attract Solana Investors As News of Token Unlock Breaks
Feb 25, 2025 at 04:40 pm
Rollblock is transforming the $540 billion gaming market by solving fairness and transparency issues in online gaming. Traditional platforms often face fraud and manipulation, but Rollblock eliminates these risks. It encrypts all financial data and bids on Ethereum's immutable blockchain, ensuring a secure and tamper-proof gaming experience.
Solana’s troubles keep mounting as a major token unlock on March 1 is stoking fears of increased selling pressure, threatening to derail the network’s recent recovery attempt.
Solana (SOL) has been struggling to regain momentum in February, with several factors weighing on its price. Now, as a major token unlock on March 1 approaches, fears of increased selling are gripping investors.
Solana faces mounting pressure as a major token unlock looms
According to on-chain data, over 11.2 million SOL tokens, currently valued at more than $2.06 billion, are set to be released on March 1. This large-scale token unlock event could significantly impact the market.
Investors are concerned that the influx of new tokens into the circulating supply might lead to increased selling pressure, which could, in turn, drive down the price of SOL. This fear has already affected Solana’s decentralized finance (DeFi) sector, leading to a substantial drop in the total value locked (TVL).
Solana’s troubles began early in February with a meme coin scam. President Javier Milei of Argentina endorsed the LIBRA token in a bid to raise funds for his political campaign.
However, as soon as the token’s value surged rapidly, its price crashed, leaving investors with massive losses. A report by blockchain analysis firms Chainalysis and Nansen later revealed that wallets linked to LIBRA’s creator withdrew nearly $99 million.
This revelation triggered a federal investigation into Milei's involvement in the token. The scandal not only burned investors but also cast doubt on the Solana network, which played host to the LIBRA token.
Meanwhile, trading volumes on decentralized exchanges have also decreased, indicating diminishing interest in the network.
With these combined issues in the mix, Solana is struggling to regain momentum. Investors are keeping a close watch to see if the network can recover from its recent setbacks.
Solana investors flee to Rollblock amid March token unlock fears
While Solana faces setbacks, Rollblock, a rising GameFi powerhouse, has attracted the attention of investors seeking high-growth opportunities in 2025.
The platform is transforming the $540 billion gaming market by solving fairness and transparency issues in online gaming. Traditional platforms often face fraud and manipulation, but Rollblock eliminates these risks.
It encrypts all financial data and bids on Ethereum’s immutable blockchain, ensuring a secure and tamper-proof gaming experience. The platform goes beyond security by offering an engaging user experience.
The platform operates on a decentralized gaming model with over 7,000 AI-powered games, licensed and regulated by the Anjouan E-Gaming Authority.
Recently, Rollblock expanded into sports bidding and generated over $1.75 million in wagered bids. As adoption accelerates, analysts anticipate even more growth towards the end of Q1.
To complement its gaming offerings, Rollblock also boasts strong tokenomics. Users can stake RBLK to earn up to 30% APY, creating a reliable source of passive income.
To boost long-term value, Rollblock follows a deflationary model. It allocates up to 30% of its weekly revenue to open-market buybacks. Of these, 40% go to holders as rewards, while 60% are burned, reducing supply and increasing scarcity.
This strategy has attracted thousands of investors, pushing Rollblock’s presale past $10.6 million. With a growing gaming ecosystem and strong tokenomics, RBLK has already surged 450% in presale.
Currently priced at $0.06 in stage 10, this presale offers an ideal chance to invest before the next price rally. Investors can also capitalize on a 50% limited-time bonus for all RBLK purchases this week.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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