Experts foresee $500 SOL target, but this altcoin is expected to skyrocket first

By crypto.news | Created at 2024-11-20 06:29:25 | Updated at 2024-11-20 08:37:20 2 hours ago
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Solana secures fourth place in the crypto rankings, but many investors are rotating profits into Rollblock’s presale, drawn by its ambitious goal of delivering 100x gains.

Solana has emerged as a clear winner in the layer 1 blockchain race as it has recently smashed its way to fourth place in the crypto rankings. Despite this, many Solana bulls have jumped ship to rotate profits into the hugely promising Rollblock (RBLK) casino presale, as it looks to outpace the market with staggering 100x gains in the months ahead. Let’s find out why.

Solana emerges as the consensus bet for Layer 1 dominance

Solana is currently trading at $243, up 0.5% on the day and an incredible 10% in the last 7 days. Zooming out even further, it is clear that Solana has been one of the top performers during the recent crypto market bounce and surged all the way from $158 to just shy of $245 in just one month of trading.

It is likely that much of this move can be put down to the likelihood of a Solana ETF getting up significantly in recent weeks, thanks to the incoming Trump administration’s more dovish approach to crypto regulations. It also looks as though Gary Gensler will be removed as head of the SEC, removing a potential roadblock to ETF approval for Solana.

Solana continues to dominate in crypto user adoption, with 24-hour volume on decentralized exchanges recently surpassing both Ethereum and all of its many layer 2 scaling solutions, including Base and Optimism. Solana has also carved out a niche for itself as the home of memecoin launches, with thousands of tokens launching on the pump.fun platform each day.

Solana has a clear path to new all-time highs above $253 in the days to come, following a recent breakout from its long-term range below $200. Support should hold at $215 in the event of a downturn for Solana, although it is hard to make a bearish case for Solana at this time and $500 looks inevitable.

Rollblock brings transparent bets thanks to blockchain

While Solana will no doubt go on to delight its holders with immense gains this cycle, Rollblock (RBLK) is taking the lead in the 2024 presale stakes as over $5.6 million has so far been invested into this blockchain-backed GambleFi protocol. 

Rollblock takes every transaction and securely encrypts them onto the Ethereum chain, putting an end to years of suspected bet manipulation on the part of the house. Now gamers have the power to verify that all transactions remain as intended.

The RBLK token has made its early adopters over 250% since inception and looks to only just be getting started. Analysts are pointing out that the Rollblock revenue-sharing mechanism is designed to ensure consistent long-term gains as each week Rollblock profits are used to pull millions of RBLK tokens off exchanges and into the hands of the community. Regular token burns will also ensure a reduced Rollblock supply going forward.

The low price of $0.035 will no doubt be smashing its way upwards once again in the weeks to come as Rollblock hits the mainstream. Analysts are united in making astonishing 50x predictions for this disruptive low-cap gem.

To learn more about Rollblock, visit the website and socials.

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