• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum and Solana Underperform as Rollblock Attracts Investments

user avatar

by Giorgi Kostiuk

a year ago


  1. Issues with ETFs and Tech Stocks
  2. Solana Struggles: 14% Drop in a Month
  3. Ethereum and Solana Investors Turn to Rollblock

  4. Ethereum and Solana’s market failures are attracting investors to the new Rollblock platform, offering high returns.

    Issues with ETFs and Tech Stocks

    The Bitcoin ETF approval created a buzz in the market, but expectations for Ethereum did not materialize. ETH token failed to achieve the expected 200% mark. Ethereum faced several issues, including low staking rewards, price decline, and a lackluster launch of its ETFs. Massive outflows led by Grayscale ETF with $475M net outflow only increased the pressure on the token, which saw a 6% drop over the month to mark below $2300.

    Solana Struggles: 14% Drop in a Month

    Like Ethereum, Solana also faced the brunt of the bear market. Over the past 30 days, SOL’s price dropped by 14%, falling to $128. The main reason for this decline was the overall negative trends in the cryptocurrency market, prompting investors to switch to the Rollblock platform to avoid further losses.

    Ethereum and Solana Investors Turn to Rollblock

    The shift of large Ethereum and Solana investors to the Rollblock platform has been a significant event in the crypto market. Rollblock is a blockchain-based online casino platform offering a transparent, secure, and provably fair gaming environment for players. Thanks to its potential and ongoing presale campaign, which has yielded a 150% return, Rollblock has attracted significant investor attention. Considering the current market capitalization of the online casino industry of over $500 billion, investors see potential for a substantial return in Rollblock.

    The decline of Ethereum and Solana has led to significant changes in the cryptocurrency market. Investors have shifted to new projects such as Rollblock, offering innovative solutions and high return prospects.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

OneKey Achieves Profitability and Announces AI-Driven Transformation

chest

OneKey, a Hong Kong-based crypto wallet provider, has announced its profitability and plans for an AI-driven transformation.

user avatarDavid Robinson

Concerns Over Rising Living Costs and Property Market

chest

Policymakers in South Korea are concerned about rising living costs and the strength of the property market, which could lead to financial imbalances.

user avatarArif Mukhtar

OneKey Reports Significant Growth in Users and Revenue

chest

OneKey has reported a significant increase in its user base and revenue, with a remarkable 1487% increase in weekly active users and a 416% rise in revenue.

user avatarMaria Gutierrez

South Korea's Inflation Rates Remain Above Target

chest

Consumer inflation in South Korea has remained above the Bank of Korea's target for the fourth consecutive month, despite a slight decline in price growth.

user avatarLuis Flores

TRUMP Token's Exchange Activity Raises Liquidity Concerns

chest

TRUMP Token's exchange activity raises liquidity concerns as team-linked wallets deposit large amounts to major exchanges, fueling speculation about selling pressure.

user avatarAndrew Smith

TRUMP Memecoin Deployer Moves $94 Million to Coinbase

chest

Wallets linked to the TRUMP token deployer transferred $94 million in USDC to Coinbase, raising liquidity concerns.

user avatarJacob Williams

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.