The US SEC’s approval of Bitcoin ETFs in January was an important catalyst that helped the digital asset rise to a new all-time high in March. Analysts and investors were eager for trading to begin after the Ethereum ETF approval, expecting a similar outcome. However, Ethereum has failed to impress the market.
Unlike Ethereum investors, Solana whales aren’t waiting for an ETF, as they’re attempting to pump SOL to $200. However, Rollblock, a new cryptocurrency has stolen the spotlight, as this new utility token has topped the best to invest in charts.
In this article, we’ll look into the reasons analysts are bullish on Rollblock, and if Solana and Ethereum can match its performance.
Solana Looks to Break $200 Again
The $200 level is a crucial level that could set Solana on its way to a new all-time high. Solana has been one of the best-performing top ten cryptocurrencies over the past six months but has only breached the $200 level twice.
The first attempt was in March following Bitcoin’s rise to a new all-time high. The second was in early April, shortly after the Solana blockchain surpassed Ethereum in weekly stablecoin transfer volume. Both attempts were short-lived, but SOL whales are preparing for a massive pump that could break the $200 level decisively and sustain the upward move.
Ethereum Disappoints After ETF Launch
Investors had lofty expectations for ETH after Ethereum ETF trading began on July 23rd. Ethereum failed to meet them, falling by over 11% from over $3,500 to just above $3,100 shortly after trading began. Although Ethereum has recovered slightly, it has failed to regain its pre-ETF level above $3,500.
Although the ETFs have not brought the desired result, Ethereum technical indicators are showing positive signs suggesting it might push through. ETH’s oscillators are overwhelmingly positive, with its 20, 30, and 50-day SMAs all below its current price of $3,350, which shows underlying bullish momentum, and a potential trend reversal on the horizon.
Rollblock Tagged the Best Investment of 2024
Rollblock is dominating headlines because of its unparalleled set of features and its affordable price. This digital asset is a revolutionary utility token designed to bring the best out of the online gambling market. Its presale is the hottest one in the market right now. Almost all the tokens in stage four have been sold, and you need to buy in now before the price increases in stage five.
Another reason why Rollblock is topping the best to invest in charts is that its tier-based presale will bring an 880% increase during the presale period, benefiting early investors greatly. Analysts are also convinced RBLK could surge 100x at launch, bringing life-changing profits to early investors.
Rollblock investors also have multiple avenues to profit after launch. RBLK holders can stake their tokens to earn from the online casino’s weekly profits, and investors will also benefit from Rollblock’s revenue-sharing model and rewards program.
Rollblock’s community-first approach has made it a must-have token in 2024. There’s no reason to settle for a struggling Ethereum ETF or a meager $200 SOL when the hottest cryptocurrency in the market today is available for just $0.0175.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino