Solana News Today: Solana Whales Shift Capital to Rollblock Amid Bull Run Buzz

A major shift is unfolding in the Solana ecosystem as large holders, or "whales," are moving significant capital into Rollblock (RBLK), a newly emerging iGaming platform generating widespread buzz ahead of the next bull run. According to reports, RBLK has already attracted 55,000 active users to its live platform and has raised over $11.4 million in its ongoing presale, delivering 500% returns for early investors [1]. This has made RBLK one of the most closely watched crypto assets among Solana traders who are actively seeking the next high-potential breakout project.

Rollblock operates as a licensed iGaming platform on the Ethereum blockchain, regulated under Anjouan Gaming and audited by SolidProof [1]. The platform’s transparency is reinforced by on-chain recording of every bid, which has cumulatively generated over $15 million in bids. Its extensive game library includes 12,000+ titles—from traditional casino games to AI-powered and sportsbook options—making it a versatile and attractive platform for a broad user base. New users can join with just an email and receive a $1,100 welcome bonus, which has contributed to the platform's rapid adoption [1].

For investors, RBLK offers a deflationary tokenomics model. Weekly, 30% of the platform’s revenue is allocated to token buybacks and staking rewards. Of that, 60% is burned permanently, while 40% is distributed to stakers, generating yields of up to 30% annual percentage yield (APY) [1]. This revenue-backed yield mechanism has drawn attention from investors seeking both utility and real financial returns.

The timing of this move coincides with recent volatility in Solana’s price. After peaking at $209.86, the price of SOL dropped to $182.30 by August 18, marking a 4.48% daily decline [1]. Institutional demand, however, remains strong, as evidenced by the REX-Osprey Solana Staking ETF reporting a record $13 million in daily inflows, raising its total assets under management to $183 million by mid-August [1]. Despite this institutional support, fears of further retracement have led some Solana whales to rotate capital into high-potential alternatives like RBLK.

While Solana continues to maintain its position as one of the top DeFi and payments chains, Rollblock is carving out a unique path with its revenue-generating model and real-world user adoption. With RBLK trading at $0.068—after a 500% surge from its presale price—many investors are viewing it as a realistic candidate for reaching $1 in the near future [1].

This divergence in strategy between Solana and Rollblock highlights a broader trend in the crypto market: while established blockchains focus on infrastructure and scalability, innovative platforms like Rollblock are capturing attention through real revenue and utility-driven growth. For investors looking to balance risk and reward in a volatile market, RBLK presents an intriguing case study.

Source: [1] Solana Whale Shifts Big Funds Into New Rollblock Starting Bullrun With New Exciting Crypto (https://blockonomi.com/solana-whale-shifts-big-funds-into-new-rollblock-starting-bullrun-with-new-exciting-crypto/)