Crypto investors in the major Layer-1 chains Cardano and Solana will be left wondering if ‘Uptober’ has been canceled, or if the market is just taking a breather before the next pump. Meanwhile, Rollblock ($RBLK) continues to make its way to crypto casino dominance as this 100x DeFi game changer nears $5 million in TVL. Let’s find out why!
Cardano (ADA) Holders Miss Out On Gains
Cardano has run into resistance at $0.41, where it was rejected recently before settling back into its previous range and currently lies at $0.35. Cardano has gained a respectable 2.2% on the monthly time frame, although this is small-fry compared to its rivals.
Cardano recently completed its game-changing Chang hard fork, which is set to boost decentralization and give Cardano holders more of a say in governance matters. Founder Charles Hoskinson recently declared that Cardano would eventually overtake all other cryptocurrencies to run the majority of financial infrastructure in the US. It seems that the market does not share the Cardano head honcho’s optimism at this time!
Solana (SOL) VanEck Enables Staking For Euro-Zone ETP Investors
Solana had a much more buoyant month, as it added over 14.7% to its market cap and now trades at $164.8. Solana looks even more bullish when zooming out, as Solana holders have gained 444% over the last 12 months.
This week the VanEck Solana ETP fund will allow its institutional investors to benefit from Solana’s staking rewards program. This will surely entice more inflows from investors looking for yield, however, this Solana product is only available in Europe at this time.
Rollblock (RBLK) Sports League Boosts Casino Revenue As Holders Rejoice
Rollblock ($RBLK) shows no sign of slowing down as this highly promising crypto Casino powerhouse has pulled in nearly $5 million of investment in only a few short months.
Rollblock brings the mighty power of the Ethereum blockchain to solve one of the biggest problems facing more traditional Casino platforms, as it solves the risk of bets being tampered with. Gamers can verify in their own time that all of their bids remain exactly as intended.
A sports prediction league has recently gone live that enables betting on all major events including golf, formula 1 racing, and soccer. Sports experts can earn massive amounts of RBLK with the accuracy of their bets each day.
RBLK looks set to become a blue-chip of the crypto gaming niche thanks to its massive use case and clever tokenomics that will see supply plunge over time as potentially millions of tokens are removed each week using Casino profits. 60% of these purchases will be burned forever, regularly reducing the supply, while the remaining tokens are allocated to generous staking rewards.
Now is the time to grab a piece of the Rollblock action, with experts predicting insane 100x moves and up to a 20% deposit bonus available for new transfers. Hurry as the $0.0318 price point looks set for another rally in the coming days!
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