icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

Rollblock Surges: Ecosystem Rivals Solana and XRP

Coin WorldTuesday, Feb 4, 2025 10:17 am ET
1min read

Rollblock's Ecosystem Rivals That Of Solana And XRP – Top Presale Coin of 2025

Rollblock, a community-backed Web3 gaming platform built on the Ethereum blockchain, is making waves in the online gaming industry. With a GambleFi framework designed to address core issues like lack of transparency, security concerns, and limited accountability, Rollblock ensures fast, traceable, and resistant-to-manipulation transactions. The platform has taken concrete steps to establish credibility, including a thorough smart contract audit by SolidProof and securing a license from Gaming Anjouan.

Rollblock's traction is undeniable, with over 45,000 active players enjoying a library of over 7,000 games and a recently launched sports bidding platform. The RBLK token introduces a revenue-sharing model where holders earn passive income through weekly token distributions. The platform's strategy of burning 60% of repurchased tokens also helps manage supply and supports price stability.

Rollblock is attracting significant attention in its presale phase, selling 9.9 million tokens and raising over $10 million. Early investors have seen returns of over 400%, and with the presale still ongoing, another 400% gain remains a possibility.

XRP, on the other hand, is facing volatility as whale activity and market downturn spark concerns. The coin is trading at $2.40, marking a sharp 16% decline in the past 24 hours. Over 70 million XRP tokens have been transferred by large holders within the last 96 hours, raising concerns about potential sell-offs that could intensify downward pressure. Meanwhile, Ripple's new stablecoin, RLUSD, launched on December 16, has generated over $3 billion in trading volume within its first five weeks despite a modest $72 million market cap.

Solana is trading at $200, clinging to this critical support level as it battles the ongoing bearish crypto trend, with a 6% loss over the past 24 hours. While investor sentiment is cautious, a notable surge in stablecoin supply on the Solana network offers a silver lining. The supply has jumped by 112%, reaching an all-time high of $11.1 billion, surpassing its previous 2022 record.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.