Solana Price Breaks Back Above $180: Whales Are Betting Big On Rollblock (RBLK) and Optimism
The post Solana Price Breaks Back Above $180: Whales Are Betting Big On Rollblock (RBLK) and Optimism appeared first on Coinpedia Fintech News
Solana (SOL) has broken above $180 yet again, fueled by the major expansion and development of its ecosystem. Specifically, the first open-source fuzzer for programs written in Anchor arrived, known as Trident. In addition, whales are betting big on Optimism (OP), as the team introduced the Deployment Rebate and the Superchain saw over 4 million daily transactions during April and May.
Another crypto that whales are betting big on is Rollblock (RBLK), as it has 100x growth potential as it makes waves in the $450B a year gambling industry. We will analyze each one of these cryptos to see which is the best cryptocurrency to buy now.
Solana (SOL) Breaks Above $180 – How Far Can It Go?
Solana (SOL) has finally broken above $180 after a total year-to-date (YTD) climb of 795%. Moreover, during the past trading sessions, the Solana price has risen by 25%, and the key catalyst for this growth is the expansion of its ecosystem.
The Solana crypto could soon see increased usage, as the first open-source fuzzer for Solana programs written in the Anchor programming language has arrived, and that’s Trident. Ackee Blockchain Security introduced it as the framework to test Solana-based programs and help developers ship secure code. According to the Solana price prediction, the crypto can end 2024 at a value of $266.09.
Optimism Price Increase Results in Major Whale Attention
Optimism (OP) is spiking up the charts and its price increase has resulted in significant whale attention. The key catalyst for the growth in the Optimism price was the Deployment Rebate program, which enables developers to launch their applications on the Superchain for free.
They can deploy and claim a rebate of up to 0.5 ETH per deployment, and this can drive demand for the Optimism crypto. In addition, its Superchain has seen over 4 million daily transactions in April and May, and by the end of Q4 2024, the crypto can reach $3.63 based on the Optimism price prediction and is positioned as the best cryptocurrency to invest in.
Rollblock (RBLK) Up 20% and Emerges As the Best Cryptocurrency to Buy Now
Rollblock (RBLK) is a new GambleFi project generating excitement with its ongoing presale especially as early investors already got 20% in ROI, and the project has raised over $350,000. At this rate, analysts are predicting that it can reach $1 million before the end of May, as whale interest is undeniable. This casino is live and fully licensed, with 100s of games to choose from and Rollblock is aiming to shake up the online gambling industry entirely, which is projected to reach $744 billion by 2028.
The casino leverages blockchain technology to enhance transparency, security, and efficiency – all common problems in the traditional online gambling industry. Additionally, Rollblock prioritizes user privacy by implementing a no-sign-up KYC check system, and as a result, anyone can gain complete anonymity access.
Its revenue-share model is also a key catalyst for its appeal, as up to 30% of the weekly earnings are used to buy RBLK tokens from the market, where half of those get burned, permanently reducing supply, and the other half are distributed as staking rewards. Some analysts believe this could amount to millions of dollars of buy pressure for the RBLK token each week, making it one of the most deflationary assets in the crypto space. During Stage 2, RBLk trades at $0.012, but analysts project a 100x price increase following its launch combined with major exchange listings.
Why Whales Are Diversifying With Rollblock and Optimism
While Solana did indeed break above $180, its future is still uncertain, and now whales have begun diversifying with Optimism due to the expansion of its ecosystem, and with Rollblock due to its unique offering. RBLK has emerged as a compelling crypto for diversification due to its unique integration of blockchain technology as well as the revenue-share model, making it the best cryptocurrency to invest in. Experts are predicting that Rollblock (RBLK) could increase by over 800% alone in the presale so investors are jumping at the chance of getting in early.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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