Cryptocurrency

Solana Hits 66.9M Daily Transactions Smashing Records, So Why Are So Many SOL Holders Flocking To This Viral Altcoin?

Written By : IndustryTrends

Solana has risen like a phoenix from bear market lows to become the trendiest layer-1 overall. Leading the way in daily transactions during this crash, Solana is continuing its impressive streak in Q4 before the altseason fully kicks off. 

While Solana is a solid safety net, more ambitious investors seeking returns beyond the 20-50x zone should consider checking out the new iGaming gem Rollblock. Still in its presale stage and recently audited by SolidProof and Anjouan Gaming to ensure 100% legitimacy, Rollblock is primed to soar in value due to the platform’s impressive fundamentals and lucrative rewards.

Lucrative Rewards And Impressive Fundamentals Set Rollblock Apart From The Crowd

As the bull market heats up following this recent market crash, Rollblock harbors the potential to emerge as a leading contender in the iGaming sector. Preliminary projections suggest that a 55% rise in the short term is a major feasibility, with the potential for 25x returns as soon as Q1 2025. 

Rollblock’s dynamic ecosystem continues to evolve, with plans to launch sports betting services alongside its extensive collection of 7,000+ games. Driven by feedback from its community and partnerships with top-tier blockchain developers, Rollblock consistently delivers cutting-edge gaming experiences, with over 100 new games slated to be released in 2025.

With over 20,000 users already on board, Rollblock offers various earning opportunities. RBLK token holders can stake for passive income, play games to earn lucrative play-to-earn rewards, and benefit from the platform’s token-burning mechanism, which reduces supply and boosts long-term value of the RBLK token.

Rollblock’s innovative revenue-sharing model is a standout feature for investors. The platform allocates 30% of weekly profits to RBLK token buybacks, with half burned to reduce supply and the remaining half distributed as staking rewards. This approach stabilizes the token’s value and also incentivizes long-term participation, making it a compelling choice for both gamers and investors.

Solana Continues To Impress During Market Downturn

Solana continues to assert its dominance as a top blockchain, boasting record-breaking activity in December 2024. The debut of the Pudgy Penguins NFT project’s native token, PENGU, triggered a surge in Solana’s network usage, pushing Solana’s daily transactions to an unprecedented 66.9 million, more than the combined activity of other leading blockchains. 

Despite recent market corrections, Solana’s high transaction speeds and low costs keep it a preferred choice among users and developers alike, solidifying its reputation as a fast, efficient alternative to Ethereum.

Solana’s adoption in global markets underscores its expanding utility, with Brazilian transactions doubling year-over-year to nearly $84 million in volume. Applications like pump.fun, responsible for over 62% of Solana’s DEX activity, continue to drive network growth by leveraging the blockchain’s affordability and speed. These metrics showcase Solana’s increasing appeal, particularly as it remains a leader in on-chain activity even amid a broader market downturn.

Adding to the bullish sentiment, Solana’s ecosystem could see a significant boost if the SEC approves the New York Stock Exchange’s application to convert Grayscale’s Solana Trust into a spot ETF. Such institutional backing would position Solana alongside Bitcoin and Ethereum as a go-to asset for mainstream investors. 

Missed Axie Infinity And Gala In 2021? Don’t Miss Out Rollblock This Time In 2024!

Priced at $0.044 in its ninth presale phase, RBLK presents a promising entry point for investors. Experts predict 10x returns by early 2025, with gains potentially hitting 100x as Rollblock sets the standard for blockchain gaming innovation in the peak of the bull run. Don’t fade this new gem!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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