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BNB & SOL face resistance as whales flock to Rollblock presale, eyeing 100x growth after sports betting expansion.
Top altcoins Binance Coin (BNB) and Solana (SOL) are hitting resistance even as most of the market continues to surge ahead. Whales looking to maintain their momentum in this rapidly expanding bull cycle are turning to Rollblock’s (RBLK) crypto presale instead. This crypto casino is going viral for its recent sports betting expansion announcement and the potential for 100x growth in 2025.
Binance Coin bounces off resistance with exchange traffic flat
The Binance Coin price is flat this week after dramatically underperforming the market this month. Binance Coin is up less than 2% for the week and only 7% for the month.
Binance Coin has been languishing around the $600 mark since early 2024 when its rally ran out of steam. The growing bull cycle pushed Binance Coin up to $650, but the rally reversed at this resistance point.
The bull cycle will need to be in full swing before the additional exchange traffic pushes the Binance Coin price through this resistance point.
Solana slows as easy Layer 1 blockchain growth disappears
The Solana price also spent much of 2024 languishing around an anchor before the recent bull cycle finally sent it higher. Solana broke from its $150 anchor this month and soared to over $250.
However, Solana has taken most of the easy market share for Layer 1 blockchains and now faces the reigning king, Ethereum, for the top spot.
Whales are choosing to move on to easier gains rather than the steady but slow growth projected for Solana in 2025.
Rollblock blazes ahead with sports betting as some top altcoins stall
Rollblock’s crypto presale continues to be a popular destination for whales dumping their top altcoins like Solana and Binance when they go stale. This time Rollblock is going viral for its sports betting expansion, which will complete its coverage of the more than $525 billion in revenue generated by the gambling industry each year.
Rollblock’s imminent sports betting complements its already successful platform of 7,000 provably fair casino games. Sports bettors will enjoy the same speed and convenience of blockchain gambling from the comfort of their homes and phones.
Rollblock’s sports prediction league promotional contest is a big reason for this most recent viral spread. Rollblock’s regular events and giveaways bring a sense of excitement and community from crypto culture to online gambling.
The other major reason for this sports betting expansion’s viral impact is news of Rollblock’s signature revenue-sharing program. Sports betting will also be included in this program, where weekly buybacks are powered by the casino’s own revenue. Rollblock then shares this revenue through staking rewards and burn events that use up these buyback tokens.
Rollblock is expected to conclude the twelfth stage of its presale at some point in early 2025. RBLK’s current eighth-stage price of $0.036 could rally over 100x when this presale ends.
For more information, visit the Rollblock presale website and join the online community.
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Source: https://crypto.news/binance-coin-hits-resistance-as-solana-whales-shift-focus-to-this-crypto-presale/