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Solana is facing a strong consolidation after peaking at $208 in August. This decline has been influenced by selling pressure, with many investors taking profits. As Solana loses momentum Rollblock is gaining significant traction and is now on track to hit its $11.5 million raised milestone as crypto whales flood the project.
Rollblock is now on track to become the best new crypto of 2025. Its GambleFi ecosystem has amassed an audience of over 55,000 players and thousands of investors are joining each week. Here’s why it’s on track to generate significant returns before the end of the year.
Rollblock Rallies as Whales Buy In
Rollblock (RBLK) is gaining significant momentum this August as thousands of investors join its ecosystem. This live and licensed GambleFi project has built a loyal audience over the past year, with its DeFi platform hitting over $15 million in wagers.
Rollblock’s GambleFi protocol is designed to tackle fraud and unethical play in the online gaming industry. It uses blockchain technology to record financial transactions and wagers, offering a more transparent gaming experience.
The platform hosts over 12,000 games for players to enjoy, including a lucrative sportsbook that covers thousands of sporting events each week. Players can get involved with over 50 major cryptocurrencies, Apple Pay, and more.
Rollblock is audited by Solid Proof and also holds a license from the Anjouan Gaming Authority. This gives investors peace of mind, bringing trust and transparency back to the industry.
Players who want to maximize their returns can profit from Rollblock’s growth through its revenue share model. The project allocates a percentage of its revenue to buying RBLK, its utility token, from the open market. 60% of these tokens are burned, putting RBLK on a deflationary path that drives up its price over time.
The remaining 40% of tokens are then used for staking rewards, allowing investors to earn an APY of up to 30%.
With its popularity now hitting new highs, time is running out to capitalize on Rollblock’s presale. Tokens are currently available for $0.068 per token, though with whales snapping up tokens and the presale over 83% sold out, the price won’t remain this low for long!
Solana Hits Testing Milestone But Its Price Continues to Fall
This week, a speed test achieved over 100,000 transactions per second (TPS) on the Solana mainnet. The total TPS hit 107,540, showcasing Solana’s scalability. However, the achievement has received criticism as many of the transactions were from a no-operation program.
Data from Solscan suggests that Solana’s TPS averages 3,700, which is still strong compared to other blockchains. Just 48 hours after the test, 1inch announced a Solana Integration. This integration will support cross-chain swaps with more than 12 EVM blockchains.
However, while Solana’s ecosystem and development continue to grow, Solana’s price action is facing bearish pressure. In the last 24 hours, Solana fell below its support at $180, with analysts like Ali Charts suggesting that SOL could now drop to $160.
As of August 20 Solana was trading at $179, following a 9.15% weekly decline. Despite this decline, Solana’s trading volume had increased by 17%, suggesting that investors are buying the SOL dip.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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