The introduction of Bitcoin and Ethereum ETFs has sent the crypto market into a period of speculation. Analysts worldwide are asking which projects will be next, with Cardano, Solana, and Litecoin being at the forefront of debates. While the winner could see huge returns, Rollblock is on track to become a better investment than all 3 options. Here’s why.
Cardano Announces Chang Fork
Cardano’s founder, Charles Hoskinson, announced a huge Cardano update on June 9. Hoskinson revealed that Cardano’s node is expected to reach version 9.0 in June, after which the blockchain will be ready for a hard fork. Known as the Chang fork, this will put Cardano in its final development phase.
Prior to this update, 70% of stake pool operators will need to install the new node, after which Cardano will enter its “Voltaire era.”
According to Hoskinson, this update will help to build a “decentralized civilization” among Cardano holders worldwide. Post update, Cardano will look to become the most advanced blockchain governance system, offering features such as annual budgets and in-depth community insights.
Solana Beats ETH In Active Addresses
Solana is starting to live up to its reputation as the “Ethereum killer.” According to data from TheBlock, Solana recorded 41.65 million active addresses in May, while Ethereum recorded just 15.38 million. This significant surge has been attributed to the rise of Solana meme coins.
Furthermore, the number of new developers joining the Solana ecosystem has also increased. This rise is expected to put pressure on the SEC to release a Solana ETF, which has influenced some of the market's bullish price predictions. Though currently trading at $154, forecasts suggest that Solana could reach highs of $500 in 2024.
Litecoin Faces Increased Selling Pressure
After recently peaking at $89.6, Litecoin has faced growing selling pressure. This has caused its price to decrease to $78.55, a 4% decline in the last week.
However, since falling below $80, Litecoin’s daily trading volume has soared. Over the last 24 hours Litecoin’s daily trading volume has increased by 60% to $491 million, suggesting that investors still remain optimistic about Litecoins growth.
According to experts, Litecoin could be the next crypto to get an ETF. This will likely trigger price increases, with predictions for Litecoin going as high as $100.
Rollblock Soars During Stage 3 of Its Presale
Rollblock recently entered the third stage of its presale, which has already become a big hit. The project is gaining significant traction, with early investors currently up 40%, and 15% of round 3 has sold out in less than a week.
Rollblock is an innovative GambleFi protocol. It gives investors access to a DeFi casino, where players can place bets on over 150 games with over 20 cryptocurrencies. The platform itself offers fantastic security and scalability and will soon introduce sports betting to its portfolio.
The project's gaming opportunities are already live, and Rollblock’s casino is fully licensed. But that’s not all. Investors who buy and hold RBLK tokens can earn a passive income from Rollblock’s revenue. The project will allocate up to 30% of its daily revenue to rewards, which will be paid out weekly to RBLK holders.
To grant rewards, Rollblock will buy RBLK from the open market, allocating 50% of what it buys to holders. The remaining 50% will be burned, creating a deflationary effect.
RBLK tokens are available at the low price of just $0.014. However, with stage 3 gaining significant momentum, experts believe that Rollblock’s price will increase again in June, with experts speculating gains of 720% before its presale ends.
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