• 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

OpenAI and Paradigm Introduce EVMbench for Ethereum Smart Contract Security

chest

OpenAI and Paradigm have introduced EVMbench, a tool aimed at improving the security of Ethereum smart contracts by evaluating AI agents' capabilities.

user avatarZainab Kamara

Riot Platforms Urged to Accelerate AI Transition by Starboard Value

chest

Starboard Value urges Riot Platforms to accelerate its AI transition to enhance value through AI data centers.

user avatarSon Min-ho

Base Network Announces Transition to New Unified Tech Stack

chest

Base, the Ethereum layer2 scaling network incubated by Coinbase, announces a shift to a new unified technology stack to enhance upgrade speed and reduce overhead.

user avatarAyman Ben Youssef

Bitcoin Network Difficulty Set for Significant Increase

chest

The Bitcoin network is expected to see a major increase in mining Difficulty due to faster block production rates.

user avatarTando Nkube

Goldman Sachs CEO Criticizes Crypto Leaders Over Market Structure Bill

chest

Goldman Sachs CEO David Solomon criticizes crypto leaders for disregarding the market structure bill, emphasizing the need for a rules-based framework in the industry.

user avatarKofi Adjeman

Concerns Over Legal Liabilities for Crypto Developers

chest

Recent prosecutions highlight the risks faced by developers in the crypto industry amid ongoing legislative debates.

user avatarNguyen Van Long

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.