The changes driving Ethereum’s imminent breakout above $4,000 are having a mixed impact on its ecosystem. L2 networks like Arbitrum (ARB) and Polygon (POL) are struggling, while the top ERC20 tokens like Rollblock (RBLK) are skyrocketing. This top altcoin is blazing through the remainder of its crypto presale on massive hype. Now, analysts think this crypto casino could ride this momentum to more than 100x growth out of its ICO.
Rollblock Emerges as Top ERC20 Token in Growing Ecosystem
While many ERC20 tokens have benefitted from the increased activity in the Ethereum ecosystem, Rollblock’s platform of premier sports betting and 7,000 casino games has seen the greatest influx of new users by far. This top altcoin is registering thousands of new users each week who are looking to enjoy fast, seamless and transparent crypto gambling.
While Rollblock’s next-generation crypto gambling experience has already made its mark in that $500 billion industry, the real hype is over the imminent launch of its signature gambling tokens.
After the ICO, RBLK tokens will go live on the open market. This will also be when Rollblock starts buying RBLK back from the market each week using up to 30% of its own revenue from the casino.
The goal of this process is to ensure a strong upward trajectory for RBLK’s market price by burning 60% of these buybacks each week. The other 40% will be distributed as staking rewards for that week.
Rollblock’s innovative take on the gambling token is a formula for rapid growth that has investors and players alike pouring into its viral crypto presale.
Arbitrum Pivots to DeFi and GameFi Amid Uncertain Future
The fate of Arbitrum in this growing ecosystem is an example of the downturn that all of Ethereum’s L2 networks are facing. Ethereum’s breakout is driven by its plan to internalize its scaling solutions, which leaves external scaling solutions like Arbitrum without a clear future.
The Arbitrum price fell a shocking 5% today alone, despite Ethereum’s small positive return. This brings the Arbitrum price’s weekly loss to more than 17%.
Arbitrum is currently pivoting into the DeFi and GameFi sectors to reimagine its purpose as an L2 network, but the prospects for this shift remain uncertain.
Polygon Prospects Look Grim in Internalized Scaling Future
The future for the Polygon price looks even more grim. Polygon is the first and largest L2 network scaling solution, so its fate is tied even more closely to Ethereum’s ecosystem.
The Polygon price has dropped more than 7% in the last 24 hours. This brings the total weekly loss for the Polygon price to over 17%.
Polygon faces a further challenge this week as DeFi applications operating on its blockchain voted down a measure that would have increased revenues from monetizing locked bridge funds.
Rollblock on Brink of ICO After Ethereum Ecosystem Expansion
While L2 networks Polygon and Arbitrum continue to slump on the changes to Ethereum’s ecosystem, its rapid expansion has brought Rollblock to the brink of its ICO and the potential for more than 100x growth. RBLK tokens now sell for $0.0415 in their ninth crypto presale stage, with only three stages left to go.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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