Rollblock Surges: 50K Users, RBLK Token Poised for 100x
Rollblock (RBLK) continues to gain momentum as more users join the platform, while Solana (SOL) mirrors Ethereum's (ETH) 2024 breakout, signaling potential price surges for both cryptocurrencies.
Rollblock, a community-based GambleFi platform, has seen over 50,000 players choose its services. The platform leverages blockchain technology to ensure near-instantaneous transactions and tamper-proof bets, enhancing transparency and security. With a library of 7,000 games, including classics like blackjack and poker, live games, and AI-driven exclusives, Rollblock offers an extensive gaming experience. Additionally, the platform has introduced a sports betting platform, further expanding its offerings.
Rollblock's innovative revenue-sharing mechanism, powered by the native RBLK token, contributes to the platform's growth. Up to 30% of the platform's revenue is reinvested to buy back RBLK tokens, with 40% redistributed as recurring staking rewards and 60% removed from circulation through an automated burn mechanism. This system encourages long-term engagement and primes the token for sustainable, deflation-driven price growth.
Currently, Stage 10 of the RBLK presale is live, with tokens selling for just $0.55. Analysts expect an 800% surge by the end of the presale phase and a 100x multiplier once RBLK is available for trading on major exchanges.
Meanwhile, Solana (SOL) has found some stability but may retest the critical $164 level to reset its momentum. If SOL breaches below this level, it could revisit lower support zones around $137 or even $118. However, Solana is mirroring Ethereum's price action, which saw it surge and reclaim vital resistance levels. A breakout from the current price could trigger a short squeeze and punish late sellers, potentially propelling Solana toward $200.
Ethereum (ETH) is currently resting on support at $2,630, following a 3% intraday decrease. Despite the recent decline, Ethereum is still moving within an ascending channel and forming a bullish pennant pattern, suggesting the potential for a breakout if it exceeds $3,000. Anal