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Solana’s investment products have seen significant inflows, while Jupiter’s exchange is gaining traction, and Rollblock’s presale is set for massive 880% gains ahead of its launch.
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Solana’s investment products have recorded massive inflows over the last seven days and Jupiter’s exchange is mirroring this upward momentum by flashing strong buy signals. Meanwhile, Rollblock’s explosive presale is poised for massive 880% gains before the token’s official launch in the next few months.
Solana records second-highest inflows during last seven days
Solana’s network activity is skyrocketing as the token’s transaction revenue surpassed Ethereum this week. Even Solana’s investment products recorded the second-highest inflows last week with a total revenue of $10.8 million. If Solana can maintain this upswing for the next few weeks, analysts expect Solana’s price to soar past the $200 mark during Q4’s bull market.
Solana is currently trading for $173.92 after a small intra-day decrease of 1.06%. Solana’s volume has increased by 37.11% over the last 24 hours which indicates a rise in buying activity. Since Solana’s RSI hasn’t reached overbought territory yet, analysts believe Solana could test the $186.23 resistance within the next few days.
Jupiter announces biometric authentication to unlock wallet
Jupiter is enhancing its security protocols by introducing biometric authentication on its mobile exchange. With this new update, any trader who wishes to trade Solana tokens through Jupiter’s exchange must use their fingerprint or face to unlock the mobile wallet. To make things even better, Jupiter also requires biometric identification to export a recovery phrase to ensure that every trader’s tokens remain safe on the exchange.
Since Solana’s price is trending upwards, Jupiter is also experiencing an increase in demand. Jupiter is currently trading for $1.02 after an intra-day decrease of 1.19%. Jupiter’s volume has increased by 50.60% over the last 24 hours which suggests an increase in investor interest. Since Jupiter is trading above all of its Simple Moving Averages on the JUP/USDT daily chart, Jupiter’s price could surge towards the $1.138 resistance in the next few days.
Rollblock poised to dominate $500bn gambling market by 2025
Rollblock’s new GambleFi project is making waves in the crypto and iGambling markets ever since its presale launch. Since Rollblock combines aspects of centralized and decentralized gambling on its web3-powered casino, analysts expect this new project to dominate the $500bn per annum global gambling market by 2025. If these predictions stand true, Rollblock’s native RBLK token could become one of the Top 10 cryptos by market cap within the next few months.
Aside from offering 7,000+ AI-powered casino games to traders, Rollblock is also committed to providing top-tier security features to every user on the platform. Since Rollblock is backed on Ethereum’s blockchain, every financial transaction and bet made on Rollblock’s casino is unchangeable, transparent, and immune to third-party manipulation. In the next few months, Rollblock is also adding a sports betting feature to its casino library which will allow users to place bets on popular sports leagues such as the NBA, MMA, UFC, F1, Golf, Tennis, Boxing, and more.
Since all in-game rewards on Rollblock are paid out using the platform’s native RBLK token, traders can earn a weekly passive income by adding RBLK to their staking portfolios. Every week, Rollblock allocates up to 30% of its casino revenue to purchase RBLK tokens on the open market and uses 40% of them to distribute staking rewards. Since the remaining 60% of tokens are burned forever, Rollblock’s price will follow a strictly deflationary trend as demand will always surpass the capped supply.
Given these innovative features, Rollblock’s current selling price of $0.032 is a massive steal for savvy traders who want to capitalize on explosive ICOs. Since analysts are already hinting at a new all-time high for Rollblock by the end of this week, now is the ideal time to invest in RBLK before the price skyrockets.
To learn more about the Rollblock presale, visit the official website and its socials.
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This article first appeared at crypto.news
