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Ethereum founder, Vitalik Buterin, has spoken out regarding the Solana controversy as "more centralized than Ethereum." The remarks revived discussions on decentralization in blockchain ecosystems. Meanwhile, Ethereum whales are turning their attention to Rollblock, a rapidly growing GambleFi platform. The RBLK token ICO has raised over $5.6 million, indicating high investor confidence.
Ethereum co-founder Vitalik Buterin has stated that working a Solana node is tougher compared to Ethereum's and the Solana Proof-of-Stake (PoS) model is more central. Buterin also cited the Solana Foundation for impacting a lot of the blockchain's community efforts.
Regardless of these critiques, Solana has gained popularity and recently overtook Binance Coin (BNB) to be the fourth-largest cryptocurrency by market cap. This particular milestone occurs as trading activity explodes. Data from DefiLlama indicates Solana's daily trading volume hit $7 billion on November 13 along with its weekly total hitting $30 billion—up 123% week-on-week.
The rise in trading volume is primarily attributed to the price gains Solana-based meme coins have witnessed. Solana itself has been riding the wave, with a 17% price rise in the last week. The combination of growing volume and bullish sentiment across the crypto market continues to fuel optimism for Solana’s future.
After six consecutive days of inflows, US Spot Ethereum ETFs experienced a minor outflow of $3.24 million on November 14, marking the first decline since Donald Trump’s election victory on November 5. Also, Ethereum rallied 40% after Trump’s win, peaking at $3,400 in early November.
However, the price has since corrected by nearly 10%, with bulls striving to hold the $3,000 support level. Amid this volatility, popular trader Credibull Crypto, is building a position in Ethereum and plans to add more if ETH dips to $2,800. This strategy hinges on Bitcoin’s recent stability, which could support Ethereum’s potential for upward momentum. The current low-time-frame price action suggests a cautious yet optimistic outlook for Ethereum as traders and institutions adjust to shifting market dynamics.
Rollblock has quickly captured attention in the $525 billion global online gambling market by merging blockchain technology with crypto-powered features. The platform boasts over 7,000 games and over 23,000 active gamers with hundreds of new sign-ups per day.
Rollblock uses blockchain to record every transaction, betting odds, and key metrics within its ecosystem, promoting transparency. This creates a trustworthy environment for players who seek fair and honest gambling experiences.
Rollblock’s commitment to crypto culture shines through with its proprietary $RBLK token. To increase the token’s value, Rollblock allocates up to 30% of weekly revenue to buybacks, of which 60% is burned to reduce circulating supply, while 40% is distributed as staking rewards to token holders.
Now in presale stage 8 priced at $0.036, Rollblock has already raised over $5 million, with 300 million $RBLK tokens sold. As a crypto project that appreciated by 260% before the 2024 US elections, Rollblock is primed for further growth. Experts believe that it will go viral in the current bullish crypto climate, delivering substantial returns for early investors.
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
