Solana Price Forecast: Traders Worry About SOL's Continued Decline; Rollblock Promises Refuge with Potential 20x Returns
The previous year witnessed one of the most remarkable bullish trends in the history of cryptocurrencies. Bitcoin surged to a staggering $100K, taking most major altcoins along for the ride. Among these, Solana emerged as a standout performer. However, the pace for Solana has slowed, causing investors to turn their attention towards Rollblock. Here’s a look at how this up-and-coming contender aims to surpass Solana in the first quarter.
Rollblock Edges Closer To Doubling Its Revenue
The traditional iGaming sector is forecasted to bring in over $153 billion annually by 2030. Nonetheless, the industry is plagued by significant issues that undermine trust between players and gaming operators. Reports indicate a near 60% spike in iGaming fraud from 2022 to 2024, and this problem is escalating.
Rollblock is leveraging blockchain technology to revolutionize this space. Its GambleFi protocol features more than 7,000 AI-driven games that operate directly on the blockchain. Each game result is recorded and encrypted on Ethereum, ensuring outcomes that are tamper-proof and fair.
Rollblock skillfully combines the thrill of traditional gambling—offering games from over 10 well-known providers, live games, and sports betting—with the transparency and security that blockchain brings.
This fresh approach has been highly successful. In December alone, Rollblock processed over $1.75 million in bets and aims to double that amount by January's end. The protocol also saw a 600% surge in deposits and new sign-ups after incorporating popular sports like golf and MMA into its betting options.
Central to this ecosystem is RBLK, Rollblock’s native utility token. Now in its ninth presale phase, RBLK has already amassed over $8.5 million from more than 40,000 backers. Rollblock distinguishes itself from Solana and other altcoins with its innovative revenue-sharing strategy, designed to foster long-term token growth.
With a current price of $0.045, RBLK has already delivered returns exceeding 330% for early adopters, solidifying Rollblock as a leading GambleFi project in the market.
Each month, Rollblock dedicates 30% of its revenue to enhancing the token’s value. Of this, 60% is used to purchase RBLK from the open market for burning. The remaining 40% is given as rewards to stakers, encouraging ongoing participation.
Solana Boasts Strong Fundamentals, But Can Its Price Sustain?
Solana's price is nearing a pivotal moment. The psychological barrier at $200 remains crucial. Surpassing this level could propel the token to a range of $220–$250, while failing to maintain it might lead to a pullback to $175–$180. Recent market activity shows SOL responding to supply zones and liquidity challenges, indicating traders are closely monitoring these points.
Solana continues to grow its ecosystem. Sol Strategies, a Canadian investment firm, secured $17.4 million in credit lines to back staking, validator operations, and liquidity services. This initiative aligns with the rising institutional interest in SOL, spurred by Bitwise's staking ETP on the Frankfurt Stock Exchange Xetra, which offers 6.4% rewards.
Looking forward, the potential approval of a Solana spot ETF in the U.S. could significantly boost the price. Current forecasts suggest a 74% chance of approval by 2025, with investors hopeful that regulatory clarity will further unlock the network’s potential.
Will Rollblock Surpass Solana in 2025?
Experts believe that if Rollblock continues to hit its targets, it could overtake Solana and emerge as the first 100x gem of 2025. By tapping into the $450 billion gambling industry, Rollblock’s revenue is anticipated to grow steadily, along with the share allocated to its token holders. Some analysts predict that once RBLK is launched on the open market, it could reach at least $1, positioning Rollblock as a top 100 project.
Explore the Exciting Potential of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
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