"Whales Abandon Solana, Bet on Tron and Rollblock Amid Market Uncertainty"

Coin WorldSaturday, Mar 1, 2025 8:27 am ET

1min read

Despite the ongoing slump in the SOL price, top whales on the Solana network are turning their attention to tron and an emerging cryptocurrency called Rollblock. Analysts foresee significant upside for both, especially as the market braces for March 2025. Could Rollblock yield outsized gains amid widespread market uncertainty?

While both Solana and Tron vie for whale allocations, an entirely different emerging cryptocurrency has entered the spotlight. Rollblock (RBLK) has garnered buzz due to its revenue-based tokenomics. Each week, the Rollblock casino platform dedicates up to 30% of its profits to buy back rblk tokens, thereby reducing supply while rewarding holders. This real-world revenue model stands in stark contrast to purely speculative altcoins.

Rollblock is still in presale, pricing tokens at $0.06 in stage 10. Already, the project has raised over $10 million. Intrigued whales foresee steady demand for RBLK if the platform’s user base grows. With many investors disillusioned by meme coin scams on Solana, a transparent buyback mechanism offers a more dependable approach to portfolio growth. For that reason, even some Tron advocates are diversifying into RBLK, viewing it as a hedge against broader market unpredictability.

The SOL price dropped to around $135, well off its 2024 peak near $264. Analysts attribute the continued decline partly to an expected liquidation of $2.03 billion worth of SOL on March 1, 2025, linked to the FTX estate. This injection of tokens could inflate the circulating supply by about 2.4%, potentially pressuring the SOL price even more.

Adding to Solana’s woes, a surge of meme coin scams has eroded investor sentiment. Some see $120–$140 as a crucial support range, with a final breakdown sending prices spiraling to lower levels. Technical analysts say a rebound above $185 might signal a reversal. Until then, the downtrend appears firmly in place, leaving whales looking for alternative plays.

As the SOL price falters, many whales pivot to Tron (TRX). Tron’s own chart reveals a descending channel, but key support near $0.22 could prompt

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.