Solana looks incredibly bullish here as its price recently broke out of a long-term range and coasted briefly above $170 before being rejected
Solana ($SOL) is up 1.2% today to reach $164.14. This comes as Solana holders are treated to the news that the VanEck Solana ETP will enable institutional investors to benefit from Solana’s staking rewards within their fund. This is available only in Europe at this time.
Solana traders are now convinced that the time is ripe for a rally toward $700, with many confident that Solana will soon flip Binance Coin to become the fourth largest cryptocurrency.
Binance Coin ($BNB) is down 2.86% today to reach $590.08. Binance Coin has had a volatile month, rising to $609 from the lows of $587. There is clearly a good deal of selling pressure at the $600 level, where Binance Coin holders are stepping in to take profits.
Binance Coin recently proposed BEP 341, an upgrade that will quadruple the rate of block production to boost Binance Coin transaction speed and throughput. This could see Binance Coin take on Solana at its own game, and launch Binance Coin back to its yearly highs during the next leg up.
Solana and Binance Coin are both performing well in the presale of Rollblock ($RBLK), a casino token that is threatening to disrupt the $450 billion online gambling market by introducing the magic of blockchain technology .
This web3 casino inscribes all bets onto the Ethereum blockchain, eliminating any risk of shady backroom dealings as now everything can be verified on-chain.
Rollblock has recently launched a Sports Prediction League which is already proving immensely popular as daily giveaways reward armchair pundits with the accuracy of their sporting prowess. For a brief time, Rollblock will double down on all new deposits with a 100% bonus on all first-time transfers up to $500!
With a hard cap of a billion coins and a deflationary revenue share mechanism, RBLK supply is set to ensure long-term gains and price appreciation. 60% of the tokens purchased with casino revenue each week will be burned immediately, while the rest are allocated to generous 30% staking rewards.
Grab a bag exclusively from the Rollblock presale before stage 7 coins sell out completely at the low price of $0.0318. The coming 100x rally is expected to occur before the end of 2024!
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