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Cryptocurrency News Articles
Stellar (XLM) Records 460% Surge by Increasing Network Adoption
Dec 05, 2024 at 02:18 pm
Stellar's price has been on a rollercoaster ride over the last 30 days as it recorded an impressive 464.41% rally before experiencing an 8% pullback.
Stellar (XLM) price experienced a 464.41% surge in the last 30 days, followed by an 8% pullback. Stellar recently partnered with Blockaid to introduce advanced Web3 security features on its ecosystem and also collaborated with Hypernative Labs to reduce phishing and market manipulation. Due to these strong fundamentals, analysts expect Stellar to experience more rallies in the next few weeks.
Stellar is currently trading for $0.4967 after an intraday crash of 3.19%. Out of this period, Stellar’s volume has dropped by 14.67%. However, Stellar bulls have managed to establish the previous resistance at $0.40 as a crucial support level which showcases great technical strength. If Stellar bulls keep network activity high, analysts believe Stellar’s price could test the $0.79 level.
Sui (SUI) Hits New Record in DEX Trading Volumes
Sui network recently surpassed the $33 billion milestone in cumulative DEX trading volumes which reflects the rapid adoption of Sui’s ecosystem. Sui’s funding rates have also remained positive since mid November which means traders are ready to pay a high price to hold long positions. Since traders are showing confidence in Sui’s upward momentum, analysts are setting a price target of $5 for Sui.
Sui is currently trading for $3.67 after another intraday jump of 11.77%. During the same period, Sui’s volume has jumped by 112.41% which typically suggests high buying pressure. If this demand zone holds, Sui could break through the $5 level before the end of Q4.
Rollblock (RBLK) Emerges as Top Gainer During November’s Bull Market
With a record breaking crypto native iGambling platform that has already raised over $6.63 million in record time, Rollblock is leading the DeFi altseason. By rolling the dice on a new era of iGaming, Rollblock is set to revolutionize the $500bn per annum market. Traders are already flocking to Rollblock’s features which include a huge gaming library, attractive staking rewards and a massive 100x projection on RBLK’s official launch day.
Most users don’t trust traditional iGambling platforms with their private information, however Rollblock is changing the online gambling market by introducing Ethereum-backed security features. When a user places a bet on any of the 7,000+ games on Rollblock, all their financial data is encrypted on Ethereum’s immutable blockchain to ensure complete transparency. In addition, all games on Rollblock are already audited and regulated by SolidProof and Gaming Curacao which showcases the platform’s commitment to user security.
Traders can play any games on Rollblock without waiting for another live opponent to join. Since Rollblock’s ecosystem is fully AI-powered, users can play at their own time with the most provably fair odds of winning games. Aside from winning games, Rollblock investors can also earn a weekly passive income through the platform’s revenue-sharing model. Every week, RBLK holders receive staking rewards with up to 30% APYs and VIP-tier presale investors also receive tiered bonuses.
Given these attractive reward systems, it is no surprise that Rollblock has already emerged as a top gainer during November’s bull market. Although Rollblock is currently selling tokens for a low price of just $0.037 each, analysts are already hinting at a big price surge towards the $0.041 level within the next few days.
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