Solana Killer SUI Stumbles as Revenue Sharing Altcoin Takes Center Stage With Massive Inflows!
The post Solana Killer SUI Stumbles as Revenue Sharing Altcoin Takes Center Stage With Massive Inflows! appeared on BitcoinEthereumNews.com.
Sui (SUI) was recently on track to replicate Solana’s (SOL) blistering rally into the top of the market for Layer 1 blockchains. Now Sui has stumbled, and this ‘Solana-Killer’ is taking a backseat to a new top altcoin with innovative revenue-sharing tokenomics. Rollblock (RBLK) is already a successful crypto casino that is projected to rally over 100x when its crypto presale ends. Solana Dominance Spreads With First Mover Advantage The record-breaking run in the Solana price in late 2023 and early 2024 was due to its cutting-edge internal scaling solution. This made Solana the most efficient Layer 1 blockchain and sent it soaring almost 1,000% higher in only a few months. Solana is now on track to become the largest Layer 1 blockchain ecosystem. Solana also boasts some of the best revenue and profit metrics. The Solana price continues to steadily climb due to its dominant position among Layer 1 blockchains. Sui Hopes for Dominance Dashed by Critical Mass Effect Sui was not only expected to follow in these footsteps but outdo this original performance. The Sui price rallied almost 600% on the hopes that it would perform even better due to its superior scaling solution. However, the Sui price has now stalled and started its reversal as cooler heads prevail. While Sui does have a more efficient scaling solution, this is not enough to overcome the first-mover advantage. Sui’s ecosystem remains relatively small by comparison, and the critical mass effect has dashed any hopes of Layer 1 blockchain dominance for now. Rollblock Becomes Next Top Altcoin Thanks to Revolutionary Tokenomics With Sui no longer on track to become the ‘Solana-killer’ investors have turned to a new top altcoin with even bigger ambitions: Rollblock. Rollblock’s tokenomics is specifically designed to transform a growing share of the $500 billion gambling industry…
Filed under: News - @ November 30, 2024 12:22 pm