Close Menu
    Facebook X (Twitter) Instagram
    Friday, May 16
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » SOL and ADA recover as RBLK sees further whale backing
    Crypto

    SOL and ADA recover as RBLK sees further whale backing

    James WilsonBy James WilsonMarch 4, 2025No Comments4 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

    SOL and ADA rally following the US crypto reserve announcement, whale interest in Rollblock (RBLK) soars.

    The announcement of the US crypto strategic reserve sent the market into a frenzy, with altcoins like Solana (SOL) and Cardano (ADA) seeing double-digit gains. In just 24 hours, the total market capitalization surged by over 6%, reaching $3.17 billion.

    For Rollblock (RBLK), this market rally presents a prime opportunity. The GameFi protocol is rapidly reshaping the online gaming industry, and its native token has already surged over 600%, climbing to $0.06. With momentum building, investors are rushing to secure their share of RBLK before prices soar even higher, pouring thousands into the presale.

    Solana traders eye $200

    Solana surged 25% to $180 after Donald Trump announced Solana’s inclusion in the US crypto strategic reserve alongside Bitcoin, Ethereum, XRP, and Cardano. Increased trading volume fueled optimism, though Solana later retraced to $140, marking a 19.78% intraday dip.

    US crypto strategic reserve: SOL and ADA recover as RBLK sees further whale backing - 1

    Despite volatility, Solana remains a leader in blockchain activity. In February, it topped DEX trading volume with $105 billion, surpassing Binance Smart Chain’s $84 billion and Ethereum’s $82 billion. The network also saw $700 million in bridged asset inflows, with $400 million coming from Ethereum. Solana’s NFT market also expanded, attracting 146,000 new users, a 32% increase that solidifies its dominance in the NFT sector.

    However, skepticism remains. Coinbase CEO Brian Armstrong and Bitwise’s Jeff Park argue Bitcoin should be the only reserve asset, citing institutional trust. Arthur Hayes dismissed Trump’s plan as political rhetoric, questioning its feasibility. Meanwhile, Peter Schiff criticized the reserve altogether.

    With strong institutional interest and bullish momentum, Solana is positioned to test $200 soon. Key support sits at $135, while a breakout above $184 could push Solana toward $213, according to Ali Martinez. Short-term volatility remains a risk, but on-chain growth reinforces its long-term potential.

    Cardano surged over 70% after reserve announcement

    Cardano surged more than 70% after Donald Trump’s announcement of a US crypto strategic reserve. This sparked renewed investor interest, pushing ADA’s trading volume up 1,807% to $10.74 billion and securing its spot as the eighth-largest cryptocurrency.

    US crypto strategic reserve: SOL and ADA recover as RBLK sees further whale backing - 2

    Data shows large holders accumulated 130 million ADA following its drop to $0.57. Network activity is also surging, with reports showing a 157% jump in active wallets to 3,720, while daily transactions have risen 200% to 17,120. DeFi activity is also expanding, with Cardano’s TVL increasing 38.87% to $499 million.

    Despite the rally, Cardano faces resistance at $1.13. Analyst Ali Martinez predicts a breakout above $1.19 could drive ADA to $2.20, potentially setting the stage for new multi-year highs.

    Rollblock hits $0.06 after a 600% surge

    Despite generating over $450 billion annually, the online gaming industry remains vulnerable to fraud. Reports show iGaming scams have surged 64% in two years, with projections expecting further increases in 2025.

    Rollblock is tackling this issue, attracting thousands of players and investors. The platform offers over 7,000 AI-powered games – more than most traditional gaming sites – while operating entirely on the Ethereum blockchain. Every outcome is recorded and encrypted on-chain, eliminating fraud. Rollblock holds a full e-gaming license from the Anjouan Gaming Authority to reinforce trust, with a passed SolidProof audit.

    This focus on security and fairness has driven rapid adoption. In February alone, Rollblock’s presale raised over $2 million, pushing total funding to nearly $11 million. The platform gained over 10,000 new players, with deposits and wagers increasing significantly. Its potential has caught attention, with YouTuber Crypto Nautic highlighting Rollblock’s strong growth prospects.

    US crypto strategic reserve: SOL and ADA recover as RBLK sees further whale backing - 3

    At the core of this ecosystem is RBLK, the platform’s utility token for transaction fees, staking, and passive income. With a fixed supply of 1 billion, Rollblock’s revenue-sharing model continuously reduces circulating supply, boosting demand and price. Currently priced at $0.06, RBLK is among GameFi’s first deflationary tokens, making it highly attractive to both retail investors and crypto whales.

    Is Rollblock the next 100x gem?

    Rollblock has already surged 600% in ten presale rounds, climbing from its initial price of $0.01 to $0.06. With momentum showing no signs of slowing, investors believe RBLK could reach $1 by the end of 2025. Notably, investors who refer others enjoy a massive 30% bonus throughout March.

    For more information on Rollblock, visit the website or socials.

    Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticlePlume taps into PayPal USD to power new PayFi vault
    Next Article Rethinking Africa-Europe partnerships for green industrialisation
    James Wilson

    Related Posts

    France to bolster security for crypto execs after violent attacks

    May 16, 2025

    Solv launches RWA-backed Bitcoin yield product

    May 16, 2025

    BlockDAG’s $250m presale gains steam as BNB, XLM climb

    May 16, 2025
    Leave A Reply Cancel Reply

    Don't Miss

    France to bolster security for crypto execs after violent attacks

    Solv launches RWA-backed Bitcoin yield product

    BlockDAG’s $250m presale gains steam as BNB, XLM climb

    Basel Medical Group launches $1b Bitcoin acquisition strategy

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    France to bolster security for crypto execs after violent attacks

    May 16, 2025

    Solv launches RWA-backed Bitcoin yield product

    May 16, 2025

    BlockDAG’s $250m presale gains steam as BNB, XLM climb

    May 16, 2025
    Lithosphere News Releases

    Colle AI Optimizes Bitcoin Utility to Improve Multichain NFT Distribution

    May 16, 2025

    Atua AI Refines Multichain Operations for Enterprise Adaptability

    May 16, 2025

    AGII Enhances Contract Speed With Lightweight Autonomous Logic

    May 16, 2025
    Copyright © 2025

    Type above and press Enter to search. Press Esc to cancel.