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While Uptober lives up to its name again with a general rally in crypto prices, some top altcoins like Cardano (ADA) and Solana (SOL) continue to stagnate. Investors looking to make the most of this October rally are turning to Rollblock’s (RBLK) crypto presale instead. This crypto casino is going viral with the launch of its sports betting platform and 100x growth estimates for early 2025.
Cardano Rebound Cut Short by Scaling Solution Catastrophe
The Cardano price was already sliding when the rise of Layer 2 blockchain revenue siphoning stalled any rebound and forced further consolidation. The Cardano price enjoyed a short rebound to $0.40 before the issue of layer 2 blockchains dropped it back down to $0.36.
Cardano touched almost $0.80 at the height of the 2024 bull cycle, but the consolidation of the market for Layer 1 blockchains in the top two ecosystems reversed that rally. Now Cardano is down almost 30% for 2024 as it struggles with the fresh challenge of layer 2 blockchains.
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Solana’s Continued Rise Challenged by Ethereum
While Solana’s unique blockchain architecture has allowed it to avoid the scaling solution issue that is plaguing most Layer 1 blockchain ecosystems, it is still struggling to break out from range-bound trading. The Solana price has been stuck around $150 for months now after its 2024 bull cycle rally fizzled out.
Solana is now challenging Ethereum to become the largest ecosystem. However, Ethereum is proving to be more of a challenge than the smaller ecosystems that Solana overcame to become the number two.
Rollblock Goes Viral With Sports Betting Driving Growth
Rollblock’s focus on the wide open horizons of crypto gambling means that it is not held back by the challenges faced by Layer 1 blockchains, such as Cardano and Solana. The global gambling industry currently produces over $500 billion in annual revenue, and an increasing share of this revenue is up for grabs as the industry migrates online.
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Rollblock’s crypto casino is already dominating the sector with cutting-edge blockchain technology providing unlimited access to over 7,000 provably fair games. Players can log into Rollblock’s platform from anywhere in the world and start gambling right away with a choice of 20 major crypto tokens.
Rollblock is in the process of expanding on this foundation with its highly anticipated sports betting platform. Players will be able to wager on everything from the biggest sports, like soccer, to smaller fan favorites, like curling.
Rollblock will also offer the same generous profit sharing to its sports bettors.
Rollblock’s profit sharing sees 30% of daily revenue diverted to buybacks in the open market. 50% of these buybacks are awarded for staking on the platform, while the rest are burned to drive price growth for RBLK.
RBLK is now expected to soar 100x at the end of its viral presale thanks to the success of this sports betting expansion.
Rollblock is currently selling tokens for $0.0315 in the seventh of twelve crypto presale stages.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
