Solana On-Chain Volume Hits Record Lows While This Altcoins Volume Is Seeing Record Highs

The Solana price soared to an ATH of $250 in 2021, becoming one of the fastest growing crypto projects in the L1 sector. While the Solana market capitalization has hit new highs thanks to its bustling meme coin trading activity, the Solana price hasn’t followed. Due to inflation, more Solana tokens are circulating than in 2021, severely limiting the growth upside of Solana’s price. Solana on-chain volumes registered record lows in the past week, further diluting the Solana price.

This is why SOL holders are diversifying into one of the fastest growing crypto presales of the year with the launch of Rollblock. With Rollblock’s presale volume surging to $3 million, crypto analysts believe Rollblock could be in line for a 100x gain. Here’s why you should get in on the early action as stage 6 of the Rollblock ICO kicks off.

Diminishing trade volumes dampening Solana EOY forecasts

Solana had been one of the year’s best performing crypto assets. As evidenced by its sizzling run from $9 in January 2023 to $210 last March 2024, the Solana price has piggybacked on its massive meme coin sector to success. The launch of the first Solana ETFs on the Brazilian B3 stock exchange failed to spark an increase in trade volumes as they fell from $59 billion in July to $41 billion in August.

Currently, Solana’s price trades at $133 as of press time, recording a 15% loss in the past week and 6% in the month. Liquidity providers are earning less in 2024 than in July 2023 when on-chain volumes peaked; if Solana continues this trend, more liquidity may be withdrawn in the coming months.

Rollblock presale puts presale investors at a 140% profit

Presale opportunities offer the biggest margin for gains. Rollblock, one of the fastest growing crypto ICOs of the year, is doing exactly just that for its presale investors. With presale token prices rising from $0.01 in stage 1 to $0.024 in stage 6, early joiners are already sitting on a 140% gain.

Thus far, the presale has already amassed over $3 million, with the smart money buying into Rollblock’s value proposition. Rollblock is building the first no-KYC community-backed crypto casino with hundreds of games and sports betting markets to play—paired with robust staking, yield farming, and passive income opportunities in the making.

Besides using $RBLK tokens to wager on betting markets and leverage play-to-earn opportunities, holders can stake them for passive income at a 30% APY and earn a revenue share on Rollblock’s casino revenues. Coupled with strong fundamentals, a rapidly growing user base, and major traction, Rollblock is a presale investment opportunity that won’t fly under the radar for too long. Analysts believe Rollblock will outperform even the most bullish EOY Solana price predictions.

The final word

Rollblock is full steam ahead with stage 6 of its presale—and the smart money has taken notice. Solana holders are among the early adopters, rotating their gains into the hottest presale of September. As the Rollblock presale draws to an end, early backers are well within reach of a 10x gain once Rollblock debuts. 

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino