Ethereum and Polygon have recently experienced a serious bearish run and are battling to keep their gains. Meanwhile, Rollblock (RBLK) has defied the odds, soaring by 200% without any signs of slowing down.
Rollblock is attracting attention from investors as a possible source of additional gains as Polygon and Ethereum battle to regain their stride against the bears.
Could The New Ethereum Improvement Proposal Improve ETH?
The approval of the Ethereum Improvement Proposal would cut block times by 33%, boost data capacities, and boost transaction volumes by up to 50% on the Ethereum network. Developers believe this change could enhance efficiency, especially for decentralized exchanges and smart contract applications.
The proposal has attracted attention from developers but it poses risks to solo stakers. Increased data demands may require hardware upgrades for solo stakes. While the transition may be challenging if gas fees do not stabilize, experts believe the proposal could be of significant benefit to the Ethereum network.
Polygon (POL) Faces Stiff Competition
Polygon continues to face huge selling pressures, causing an unending bearish run for POL. As of the beginning of the month, Polygon has traded around $0.3757, 33% down on the year-to-date chart. This decline is exacerbated by competition from other Layer-2 scaling solutions including Optimism and Arbitrum.
Market sentiment for Polygon remains mixed with projections for probable price variations between $0.41 and $0.47 for October. This suggests limited short-term bullish momentum for Polygon. A possible surge in trading volumes and network activity will be key indicators of a potential recovery for Polygon.
Rollblock (RBLK) Stands Out As An iGaming Behemoth
Rollblock (RBLK) has been making waves in the crypto market, raising over $4 million from over 17,500 subscribers in its seventh presale stage. This GambleFi platform blends the excitement of online gambling with the security of blockchain, making $RBLK a unique utility, unlike speculative assets like Polygon and Ethereum.
Rollblock’s no-KYC crypto casino provides users with access to a vast range of games and sports events where they can place bets using over 20 cryptocurrencies. This feature allows for a more private and flexible betting experience. Rollblock’s market potential could lead to a significant price surge. Even a small slice of the $540 billion iGaming market could position this gambling protocol as a multi-billion-dollar powerhouse on Ethereum, generating substantial returns for early investors.
Additionally, Rollblock’s deflationary tokenomics and revenue-sharing system allow $RBLK holders to earn passive income. Rollblock takes 30% of the casino’s weekly revenue to buy back tokens from the open market. A portion of these tokens are given to users as staking rewards while the rest are burned to create scarcity and increase token value.
Early adopters have already seen 3x yields as the Rollblock ICO surpassed $4 million, pushing the price of $RBLK to $0.03—a 200% increase from its $0.01 entry price. Analysts predict an 800% surge during the presale, followed by a 100x growth after launch. This makes Rollblock a highly promising investment for those looking to capitalize on its market potential.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino