Solana Price Surges To A 3 Month High Yet Whales Are Being Attracted To This Low Cap Altcoin

November 3, 2024
·
2 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Top altcoin Solana (SOL) is pushing its upper bound of $175 again as it marks more fresh milestones in its bid to become the biggest Layer 1 blockchain ecosystem. Yet despite the net positive influx of capital, it is still seeing some whales leave for a low-cap altcoin’s viral crypto presale. Crypto casino Rollblock (RBLK) is rolling out the final milestone in its ambitious white paper, and analysts are pushing 100x growth estimates as a result. 

Solana Sees Capital Inflows as It Aims for Top Ecosystem Spot 

The Solana price roared over 10x higher during the last bull cycle as its technological edge in the market for Layer 1 blockchains became evident to all. However, Solana then proceeded to slide from its $200 peak to lows of around $125. Solana has spent the last six months moving between its lower and upper bounds of $125 and $175.

Solana’s recent announcement that it overtook Ethereum for daily transaction fees might be the catalyst that pushes it consistently through this upper bound. 

Ethereum is struggling with losing revenue to Layer 2 blockchain scaling solutions. Solana’s architecture does not rely on Layer 2 blockchains, which gives it the edge in retaining revenue.

A mass exodus from the Ethereum ecosystem could see the Solana price double or more in only a short period of time. Therefore, there has been a steady inflow of capital to Solana as investors position for this possibility.

Solana Whales Continue to Diversify Into Rollblock’s Crypto Presale

Despite the promise of 2x or higher growth from Solana, many whales are still diversifying into Rollblock’s viral crypto presale for even more promising growth. This crypto casino is about to launch its innovative sports betting platform and complete the final milestone from its ambitious white paper.

READ MORE   Experts Predict 1000x XRP Price Surge while Crypto Whales Join JetBolt Presale

Rollblock’s crypto casino has already taken a significant chunk of the $525 billion global gambling industry. Over 20,000 players from around the globe are playing on Rollblock’s platform of over 7,000 provably fair casino games with over 20 major cryptocurrencies to choose from.

Thinking of expanding into Africa?
Avoid the common mistakes businesses during expansion. Register to learn the common mistakes business make when expanding into Africa.
Itana Form (#91)

Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.

Rollblock’s sports betting will open up the other half of the gambling industry by providing competitive odds on the blockchain for almost every major event in the world. Off-chain sports betting platforms will not be able to compete with the breadth and depth of coverage that blockchain sports betting can provide.

Sports bettors are also excited about being able to use Rollblock’s signature gambling token. Rollblock’s tokens are powered by open market buybacks that use up to 30% of each week’s revenue from the casino. Income is generated for holders by using 40% of the buybacks as staking rewards. Value is generated for holders by burning the remaining 60% to enforce deflation.

Rollblock’s sports betting rollout pushed analyst estimates to over 100x growth in early 2025. Along with this Rollblock tokens are now selling for $0.033 with a huge 50% bonus available for just 6 days marking an excellent opportunity to acquire RBLK! 

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
Other Stories
43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved
magnifier