Solana Price Prediction: What’s Next for the SOL Price? Why Are Analysts Saying This Crypto Is a Better Bet?
Solana came close to breaking the $300 resistance level last week though has since retracted. The rally started right after the launch of official memecoins by the current U.S. president and first lady on its blockchain. However, many investors are shifting their focus to Rollblock, a GambleFi protocol using blockchain technology to bring safety and transparency to the $100 billion online gambling industry. Here’s why.
Rollblock Raises $9 Million in Major Presale Win
Rollblock is reshaping online gambling by introducing blockchain technology to enhance trust and transparency. Through its GambleFi protocol every game outcome is securely registered on Ethereum, making tampering impossible.
The platform features over 7,000 games, sports betting, and live dealers, all operating under an e-gaming license issued by the Anjouan Gaming Authority. Rollblock’s commitment to security is further demonstrated by its SolidProof-audited smart contracts, guaranteeing no backdoors or hidden functionalities that could harm users.
This emphasis on transparency and safety has driven Rollblock’s rapid growth. In December alone, the protocol saw $1.75 million in wagers and a 600% increase in signups and deposits. Analysts expect these numbers to double by the end of January as interest continues to build.
Investor enthusiasm has also surged, with Rollblock raising over $9 million from more than 40,000 participants during its presale. Priced at $0.046, RBLK, Rollblock’s native token, has already delivered a 330% return for early investors. Experts predict it could reach $1 by the end of 2025, potentially outperforming established tokens like Solana.
Driving this momentum is Rollblock’s innovative revenue-sharing model. The protocol allocates up to 30% of its revenue to buy back RBLK from the open market. Of these tokens, 40% are distributed as staking rewards with market-leading APYs, while the remaining 60% are burned, reducing supply and supporting price growth.
Can Solana Break $500 This Cycle?
Solana continues to capture attention as it trades near $240, reflecting a strong recovery from its lows of $9 during the FTX collapse. The recent surge has also contributed to a 40% rise in trading volume and an all-time high of $27 billion in Solana DEX volumes.
Technical analysis points to sustained bullish momentum, with Solana trading above key Exponential Moving Averages. The RSI leaves room for further upward movement at a 51.65 level. Solana’s TVL has climbed to $11.64 billion, indicating growing confidence in the network’s scalability and utility.
Analysts are monitoring Fibonacci retracement levels, with support at $225.39 and resistance at $255.45 for Solana. Consolidation above these levels could lead to a retest of the recent high at $293.31 and potentially break new ground at $300.
Is Rollblock the Next 100x Gem?
Rollblock has positioned itself as a strong contender to become this year’s first 100x gem. The token has already achieved a 330% return during its presale. Experts predict that once RBLK secures listings on two or three major exchanges, its price could climb to $1, outperforming Solana.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
- Website: https://presale.rollblock.io/
- Socials: https://linktr.ee/rollblockcasino
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