Arbitrum Faces Decline Amid Solana’s Rise
Arbitrum has been struggling recently due to the rise of Solana and a subsequent decrease in demand for Layer 2 blockchain scaling solutions for Ethereum. After a brief surge earlier this year when Ethereum ETFs were anticipated, Arbitrum has faced significant resistance.
Key points about Arbitrum’s decline:
- Arbitrum’s price has dropped 40% this year.
- Overall, Arbitrum has experienced a 60% decrease from its late 2023 ICO price.
Hedera Struggles as Solana Advances
Hedera has also been negatively impacted by Solana’s rapid technological advancements. Despite Hedera’s specialized blockchain and dedicated user base, Solana’s progress has left Hedera looking outdated.
Current status of Hedera:
- Hedera’s price has decreased by 20% this month.
- The annual decline stands at 5%, with Hedera currently trading at $0.05254.
Rollblock’s Profit-Sharing Innovation
Rollblock is set to revolutionize online gambling with its unique profit-sharing model. With over $500 billion in annual revenue up for grabs, Rollblock’s growth estimates top over 1,000x by the end of 2024.
Highlights of Rollblock’s profit-sharing program:
- Rollblock’s in-house token, RBLK, is repurchased daily using up to 30% of casino revenue.
- Half of these repurchased tokens are burned, increasing the value of RBLK.
- The other half is allocated to staking on the platform, offering some of the highest APYs available.
Rollblock’s approach transforms online gambling, allowing players to earn income and see increasing value before even playing. Traditional online casinos are becoming less appealing due to Rollblock’s blockchain technology, which offers:
- Seamless, quick, and anonymous access to over 150 top games.
- Elimination of red tape and hidden fees.
- Ability to log in and play using more than 20 popular cryptocurrencies from anywhere in the world.
Currently, RBLK is priced at $0.022 in the fifth stage of its presale. With only a few stages remaining before the ICO, investors are eager to purchase before RBLK potentially skyrockets to $2 or more post-launch.