On-chain data suggests Solana holders are bullish on this new crypto presale
· crypto.newsSolana holders flock to Rollblock presale, drawn by its scalable blockchain tech and potential in decentralized apps.
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According to recent on-chain data, Solana (SOL) holders are showing a growing interest in the new Rollblock presale. Rollblock, a blockchain project gaining viral attention, has caught the eye of bullish investors looking for promising opportunities. The enthusiasm stems from Rollblock’s unique approach to scalability and decentralized applications, making it a standout in the market. With Solana holders diversifying their investments, Rollblock’s presale could be a major player in the next wave of crypto growth.
Solana surpasses $5 billion in trading volume
Solana is currently showing strong bullish sentiment, driven by optimism from retail investors and smart money. Crowd sentiment was at 0.51, while smart money sentiment reached a higher level of 3.94, according to Market Prophit. This dual confidence highlighted growing faith in Solana’s potential for continued gains.
Solana is trading for $219, up 8% within the last 7 days. The latest surge questioned if the upward momentum could continue. Technically, Solana’s indicators appeared promising. The Bollinger Bands showed Solana trading near the upper band at $227.06, suggesting strong upward pressure. This position also pointed to increased volatility and the possibility of further gains if momentum persisted.
Moving Average Convergence Divergence (MACD) also endorsed the viewpoint with a value of 3.44. A bullish crossover of the histogram and signal line confirmed the positive momentum of the prevailing optimism. If SOL stays near the upper Bollinger Band, it could attract more buyers and drive prices even higher.
Despite these bullish signs, Solana’s social volume experienced a sharp drop. Social mentions fell from 1,289 the previous day to 527, indicating reduced engagement from retail traders. This decline might suggest that some investors are pausing to monitor the market’s next moves. However, the dip in social volume does not contradict the strong technical indicators and overall sentiment.
If Solana continues its rally, social engagement could quickly recover. Renewed community interest may follow further price gains, boosting both momentum and market participation.
Rollblock set for 1800% price increase upon launch
Rollblock (RBLK) has attracted significant investment as it aims to dominate the $500 billion annual global gambling market by 2025. The platform has already raised over $5.26 million, drawing the attention of crypto whales amid the strong market sentiment in Q4.
Crypto whales are investing in Rollblock because it is security and user-experience-oriented. Every transaction and bet is recorded on Ethereum’s immutable blockchain, guaranteeing provably fair gambling. Rollblock Casino also hosts over 7,000 games powered by AI and web3 technologies. Players can gamble anytime without needing an active opponent, making it highly convenient.
Investing in Rollblock’s presale offers substantial earning potential. Rollblock’s revenue-sharing model allows investors to earn weekly passive income with staking rewards of up to 30% yield. At the end of each week, Rollblock uses a portion of its casino revenue to buy RBLK tokens from the open market. Forty percent of these tokens are distributed as rewards, while the rest are permanently burned to reduce supply.
These deflationary tokenomics have led analysts to predict a 1,800% price surge for Rollblock upon its official launch. Currently, RBLK tokens are priced at $0.035, the lowest they will ever be. For a limited time, buyers can also get a 50% bonus on Rollblock tokens, offering an ideal opportunity to invest in RLBK.
For more information, visit the Rollblock presale website and join the online community.