Avalanche, Solana Surge; Experts See Higher Returns in This Altcoin

Table of Contents

• Avalanche Etna Upgrade Looks Bullish for December
• Solana Dips as Pump.Fun Pulls the Plug on Streaming
• Rollblock Tokens Selling at a Breakneck Pace

Avalanche Etna Upgrade Looks Bullish for December

Avalanche has seen a modest 1.3% gain today, pushing the price to $49.5. However, a recent spike to $53.8 was quickly met with selling from Avalanche whales. Despite this, the blockchain has seen a 13% surge in on-chain activity over the past 24 hours, with a substantial $2.6 billion in volume across exchanges.

If Avalanche can manage to flip the key psychological level of $50 to support in the coming days, a potential rally toward its yearly highs of $65 could be on the horizon, likely occurring during Q1 2025. The upcoming Etna upgrade, set to go live on the Avalanche mainnet on December 16, is expected to be a significant catalyst for price movement. This will mark the most notable update to the Avalanche chain since 2020, potentially driving further bullish momentum, provided the Avalanche 9000 roadmap proceeds as planned.

Solana Dips as Pump.Fun Pulls the Plug on Streaming

Solana has faced a dip of 3.2% today, as its price struggles to maintain support around $218. Over the past week, the token has lost over 4%, although it still shows a 15% gain for the month. This week, the Solana ecosystem was rocked by the suspension of Pump.Fun’s live streaming feature following several controversial meme coin launches.

The suspension has caused a wave of selling, which could lead Solana to test lower support levels, potentially reaching $200 in the coming weeks. While Solana’s price action is still relatively positive overall, the recent developments have created uncertainty for the blockchain’s short-term prospects.

Rollblock Tokens Selling at a Breakneck Pace

Rollblock (RBLK), a new Web3 casino platform, is quickly gaining traction with investors. Currently in stage 9 of its presale offering, Rollblock has already raised an impressive $7 million. The platform leverages the immutable Ethereum blockchain to ensure that all transactions are secure and cannot be manipulated – a significant advantage for the $450 billion gambling industry.

In addition to its existing 7,000 casino table games, Rollblock has recently launched a highly popular sports betting feature, enabling users to place a variety of bets on major sporting events. This new feature is expected to further boost Rollblock’s revenue, which is already experiencing exponential growth.

As demand for RBLK tokens increases, the supply will decrease rapidly due to Rollblock’s smart revenue-sharing scheme. Each week, a percentage of the profits will be used to burn 60% of the RBLK tokens in circulation, while the remaining tokens are distributed to stakers within the Rollblock community. This unique mechanism is designed to create scarcity and further drive up the value of RBLK.

Stage 9 tokens are currently available at a presale discount of $0.041, and they are selling fast. Given the growing excitement surrounding Rollblock, it’s likely that this platform will continue to gain momentum in the coming months, making it a strong contender for 50x gains in 2025.

Conclusion

While Avalanche and Solana remain promising contenders in the Layer 1 space, Rollblock’s innovative approach to Web3 gambling and its rapidly selling presale tokens have caught the attention of experts and investors alike. With predictions of up to 50x growth in 2025, Rollblock could very well outpace the established giants. Keep an eye on this rising star as it continues to develop and attract significant interest in the Web3 casino sector.