The market for Layer 1 blockchains continues to shuffle, with top altcoin Ethereum (ETH) sliding and smaller tokens like Algorand (ALGO) on the rise. Rollblock’s crypto casino also saw a significant surge in users this week. This latest influx has pushed Rollblock growth estimates to at least 100x in early 2025 when its crypto presale ends.
Layer 2 Blockchains Continue to Weigh on the Ethereum Price
The Ethereum price continues to suffer due to the ecosystem’s reliance on Layer 2 blockchain scaling solutions. Ethereum is down another 4% this week, erasing any gains from a short rally earlier this month.
Layer 2 blockchain scaling solutions were originally seen as an elegant solution to Ethereum’s increasingly dated blockchain architecture. However, now they are siphoning around half of the ecosystem’s revenue, which is keeping a strong downward pressure on the Ethereum price.
Algorand Users Bounce on Coinbase Support for Small Tokens
Algorand is a newer Layer 1 blockchain with an architecture that avoids the reliance on Layer 2 scaling solutions. This architecture proved useful when the ecosystem’s user base surged by 34% in September, which sent the Algorand price up almost 10%.
The increase in Algorand users can be attributed to an effort by Coinbase to introduce investors to smaller tokens. Investors were particularly impressed by the fast rollout times for applications on the ecosystem, which has some analysts predicting that a more substantial rally for the Algorand price is still to come.
Rollblock’s Rapid Player Growth Driven by Innovative Tokenomics
While Rollblock’s player count of 20,000 remains small compared to Algorand and Ethereum, it is expanding at a rapid rate. This rate is set to accelerate even further now that Rollblock’s game-changing tokenomics model is going viral.
Rollblock’s tokenomics starts with weekly open market buybacks that use up to 30% of the casino’s own revenue.
Rollblock burns the first 60% of these tokens in an effort to limit the supply. A lower supply of RBLK tokens makes all the remaining tokens more valuable.
Rollblock then uses the remaining 40% as rewards for supporting the crypto casino’s operations through staking. These staking rewards are designed to stay competitive with the current market rate for APYs.
The result of Rollblock’s innovative tokenomics is a gambling token where the holder is always winning, regardless of how the cards turn out that night.
Rollblock supports this innovative approach with a solid foundation of more than 7,000 provably fair games. Players can login from anywhere in the world and start gambling right away with a choice of 20 major crypto tokens.
Analysts expect Rollblock’s focus on player growth to rapidly take market share in the $525 billion global gambling industry. Current estimates have RBLK soaring 100x in early 2025 alone.
Rollblock is now selling tokens for only $0.0318 as its crypto presale nears the end of its seventh stage.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
