Stablecoin Market Hits $200 Billion As Solana, Ethereum And Rollblock Continue To Revolutionize DeFi

For the very first time, the stablecoin market has hit over $200 billion in revenue. While revenue has been increasing since the election of Donald Trump and the subsequent rise of Bitcoin, there are other reasons for the growth. Stablecoins are becoming increasingly popular for payments, particularly in countries with fragile economies and depreciating currencies.

At current growth rates, DeFi could soon be taking over from CeFi. Solana and Ethereum are the major players in terms of the evolution of DeFi, along with innovative presales such as Rollblock. Rollblock is the GambleFi protocol that revolutionizes conventional gambling with tokenized rewards for players and a community focus. Here’s why its impact could be a game changer.

Solana To Revolutionize The DeFi Space

Solana plays a pivotal role in the DeFi industry, and upcoming institutional adoption from firms like Franklin Templeton, Securitize, and Société Générale will bolster its position. Solana-based stablecoins are set to launch debit cards while the native chain is home to new stablecoin networks such as Sky’s USDS.

Solana remains a top chain for DeFi with the lowest average transaction fee of just $0.02, compared to Ethereum’s fee of $3.58 and Tron’s $0.22. Solana developers are building mobile apps for the future, recognizing that modern users need to access DeFi on their smartphones. The combination of institution adoption and retail access is key to the CeFi to DeFi migration.

Is Ethereum Falling Behind Solana?

While Ethereum is known as the main smart contract platform, there is much to suggest that it is being overtaken by Solana. Recently, a prominent developer migrated from Ethereum to Solana. Solana also has lower fees and is much faster in comparison. Importantly, it does not suffer from the same scalability issues concerning centralized L2s.

Ethereum remains the DeFi kingpin in terms of total value locked (TVL), DEX volumes, and stablecoin volumes with over $78 billion in TVL. In Q3 2024, Solana only had 12% of Ethereum’s TVL. However, Solana has been closing the gap with multiple partnerships and upgrades, particularly in the DePin space. Large projects such as Helium and PowerLedger have opted to migrate to Solana, a trend that has been accelerating.

Rollblock Is Disrupting The Gambling Industry

While DeFi aims to democratize access to finance, there are other industries set for disruption. The Rollblock presale aspires to open up the centralized $450 billion gambling industry with a new protocol that distributes profits back to players. Through its platform over 7000 games are accessible with sports betting options being recently added.

Rollblock is 100% licensed by the Curacao Gaming Authority and its code has been audited by a reputable third party. One of the USPS of Rollblock is an aggressive token-burning mechanism, taking coins out of supply to bolster the price of remaining tokens. It further offers a weekly revenue-sharing protocol as well as a 100% welcome bonus and up to 30% staking APY. These benefits are not available with existing online casinos, which withhold all profits for themselves.

The RBLK token is currently available at a price of $0.41, which will rise to $0.47 in the next stage (stage 10). Signup is quick and the project has already seen $7 million worth of investment from retail inventors and industry professionals.

Analysts have tipped this token to 50x - 100x upon exchange listing in 2025, and it could outperform other altcoins making Rollblock a strong bet going into 2025.

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

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino