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The Layer 2 battle heats up as Solana nears flipping BNB, while crypto casino Rollblock rises rapidly, gearing for an epic rally.
The Layer 2 wars are far from over, especially now that technology has matured and widespread adoption of cryptocurrencies is ramping up. Solana has experienced a spectacular run, and it appears ready to flip BNB. But there’s another player quickly rising in popularity, gearing up for an incredible rally: the crypto casino Rollblock.
BNB will not give up its place without a fight
The post-March downtrend has left BNB virtually unscathed, even with the market bleeding. Despite the legal battle between Binance and the SEC, and the arrest of Changpeng Zhao, Binance’s ex-CEO, BNB has proven to be one of the strongest altcoins on the market.
BNB reached a new all-time high of $710 in June. As the Bitcoin sell-off began, BNB experienced a steep correction, bottoming at $458 with a 35% drop. Currently, BNB is priced at $583. Analysts expect BNB to reach new heights by late 2024.
Solana closing the gap as BNB appears to be stalling
Second only to Bitcoin, Solana led the way during the rally that started in late 2023, raking in billions in volume. Although it still hasn’t managed to break to a new ATH, Solana took the crypto spotlight. Thanks to its lightning-fast transactions and low fees, Solana kickstarted the new meme season that became a new gold rush in its own merit.
Currently, Solana trades at $183 after a decisive rebound from the $128 bottom. Analysts agree that a new all-time high for Solana will likely be by the end of 2024.
Rollblock ready to outperform most alts
Rollblock seeks to solve trust and security issues in online gambling by integrating blockchain technology. This makes transactions easy to track and removes any possibility of altering bets.
The casino is fully licensed and already generating revenue with over 6,000 active users. This quick growth in the user base can also be attributed to the no-KYC policy. This choice removes unnecessary verification processes and allows users to begin playing one of the 150+ games available just by connecting their wallet.
The revenue-share mechanism is where the DeFi functionalities of Rollblock shine. The casino will spend up to 30% of the generated revenue to buy RBLK tokens on a weekly basis. 50% of the tokens will be distributed to holders in the form of staking rewards. The other 50% will be burned, reducing total supply and priming RBLK for explosive rallies as the cycle progresses.
The RBLK presale is currently at stage 4 and an 800% increase is expected by the end of the final stage. Right now, the price of RBLK is $0.0172, and has already seen a substantial jump, despite the turbulent market climate of the past few months.
According to analysts, a 100x multiplier is expected as the gaming narrative starts ramping up. This means that investors should consider investing in RBLK now.
For more information, visit Rollblock’s presale website or join the online community for the latest updates.
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This article first appeared at crypto.news
