Ethereum has dominated the altcoin market over the past year, but a new contender is stealing the spotlight. Rollblock’s Web3-based GambleFi platform has seen an explosive surge in signups and is drawing massive investor interest during its presale.
With Ethereum’s price dropping below $3,300, investors are looking for the next breakout opportunity, and many believe Rollblock is the next big thing in DeFi.
Rollblock (RBLK) Puts Decentralized Gaming on Investors’ Radar with Huge Surge in Registrations
Rollblock introduces a Web3 gaming platform that prioritizes speed, fairness, and transparency. This utility-based approach has made Rollblock extremely popular, drawing a huge surge in signups in December. That same month, Rollblock attracted over $1.75 million in wagers.Â
Rollblock’s GambleFi ecosystem offers over 7,000 games from over 10 different iGaming studios. Players can choose from classics like roulette and slots to AI exclusives like live tables. Recently, Rollblock added sports betting on top sporting events like the NBA, Formula 1, UFC, and more. While using the platform, every bet is recorded and encrypted on-chain, eliminating any chance of third-party manipulation.
Since Rollblock leverages the latest Web3 technology, players can enjoy fast crypto transactions. Over 20 different cryptocurrencies are supported, and Rollblock recently integrated Google and Ripple Pay for fiat currency deposits. The Web3-based smart contract also allows players to withdraw large amounts in seconds, making Rollblock more efficient than traditional Web2 platforms.
Rollblock’s impressive features have attracted significant investor interest, helping the platform raise more than $9.85 million during its presale. RBLK tokens are currently priced at only $0.052 each, and the token’s value is expected to skyrocket as more investors sign up.
The RBLK utility token is used for governance, fees, staking, and revenue sharing in the Rollblock GambleFi ecosystem. Long-term holders can stake their tokens to secure rewards with up to 30% APYs. These huge rewards are distributed through Rollblock’s revenue-sharing mechanism, which uses up to 30% of weekly revenue to buy back RBLK from the open market and allocates 40% of the tokens as rewards. Rollblock forever burns the remaining 60%, causing RBLK to become deflationary over time.
Ethereum (ETH) surges past $3,300 as investors regain interest.
Ethereum’s network activity recently peaked with 670,000 active addresses, suggesting broader adoption of the blockchain. Trading patterns also reveal significant accumulation at key price levels, especially between the $2,230 and $2,610 zones.
At press time, Ethereum was trading at $3,355 following an intraday 2.86% surge. Trading volume shows sustained interest from medium-sized investors in Ethereum’s ecosystem who are accumulating between 100 and 1,000 ETH.
Beyond price action, Ethereum’s transaction counts and gas usage also maintain steady levels. If Ethereum’s protocol improvements continue at a steady pace, Ethereum could push toward the $3,927 resistance level in Q1.
Is RollBlock set to surpass Ethereum?
Despite its recent bullish action, Ethereum has ultimately underperformed over the past year. Rollblock, on the other hand, has consistently proven its potential through a rapid presale accumulation rate, demand-induced price surges, and high returns.
Rollblock’s GambleFi project is likely to continue attracting large-scale investors during the presale, priming the native RBLK token for a massive rally on launch day.
