Crypto heavy hitters Ethereum and Solana have been battling it out for dominance over the past few weeks, as Solana looks to be many analysts’ favorites
Crypto heavy hitters Ethereum and Solana have been battling it out for the adoption crown over the past few weeks, as Solana looks to be many analysts’ favorites to win this cycle. Meanwhile, whales on both chains are taking profits into the hugely disruptive web3 GambleFi upstart Rollblock ($RBLK) that is drawing in huge crowds and expected to run 100x from its current low-cap status.
Ethereum Dominance Still Struggling As $3K Support Looks Solid
Ethereum dominance has fallen consistently this year and now sits at just 12.2%. This has meant that Ethereum price action has lagged behind the wider market recovery, adding just 18% this month to hit $3,100 when many other chains have seen triple-digit increases in price.
Ethereum holders will console themselves with the fact that the $3,000 level looks to be flipped to solid support now, and the road looks clear for a run back to $4,000 in the weeks to come. There will of course be resistance along the way as Ethereum sellers step in to take profits. $3,300 looks like an obvious wall going forward.
Solana DEX Volume Soars Above Rivals
Solana has really been on a rampage in the last month, adding 60% to its value in the last 30 days. This has brought the Solana price up to $247 from a monthly open of $154. Solana recently overtook Binance Coin as the fourth-largest cryptocurrency by market cap, as for the first time ever, Solana’s weekly DEX trading volume surpassed Ethereum and all of its many layer 2s combined.
On November 10, Solana saw a daily volume of $40.7 billion across decentralized exchanges, compared to Ethereum’s $14.5 billion. It is clear that Solana dominance is on the rise, which should propel Solana to new all-time highs within weeks.
Rollblock Staking Rewards Drawing The Crowds To Promising Presale
Those looking to get involved in the next generation of web3 casino projects will want to look into Rollblock ($RBLK), which is currently pulling in huge numbers of investors. Over 22,000 early adopters have seen fit to invest in this startup, which is seeing every Rollblock transaction securely encrypted onto the Ethereum blockchain, finally putting an end to decades of bet manipulation and tampering.
Over 7,000 games have been pulling in the punters recently, with cutting-edge AI technology used to provide unforgettable gaming experiences to rival the glitziest of Las Vegas nights out. RBLK opens the door to exclusive VIP benefits for holders, who can earn up to 30% in generous staking yield entirely hassle-free.
This platform is able to reward the Rollblock community in this way due to the incredible revenue-sharing mechanism that takes Rollblock profits and reinvests them by buying up RBLK each week on the open market. 60% of these tokens are immediately destroyed, reducing the overhanging supply, while the remaining tokens are returned to the community in a move that will also reduce selling pressure drastically.
The low price of $0.035 is almost certainly going to rocket upwards from here as experts continue to make astonishing 100x price predictions. Stage 8 tokens are already 26% sold, and demand is showing no signs of slowing anytime soon. For a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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