The post Both SOL And ETH Were In Red During Q3 Leading Whales To Seek Refuge In This Ethereum Token Poised To 1,000X appeared on BitcoinEthereumNews.com.

Top altcoins Ethereum (ETH) and Solana (SOL) saw losses in Q3 of 2024. These losses drove a significant migration of crypto whales into the biggest crypto presale of 2024. Crypto casino Rollblock (RBLK) has been blazing through its viral presale and smashing milestone after milestone in its ambitious white paper. This ERC20 token is now on track to explode 1,000x higher out of its highly anticipated ICO. Meteoric Solana Rally Stalls in Q3 of 2024 Excitement was high for the Solana price after its meteoric 10x rally in late 2023 and early 2024. Solana split from the pack of smaller Layer 1 blockchains to become the main contender to Ethereum for the largest ecosystem. However, the Solana price rally has taken a long pause in the second half of 2024. Solana touched a high point of over $180 in Q3 of 2024 before ending the third quarter close to $150.  Layer 2 Blockchains Hit Ethereum the Hardest  The Ethereum price has experienced an even rougher ride in the second half of 2024. This includes a 30% drop for Ethereum over the third quarter. While Ethereum is being challenged by the rapid rise of Solana, its falling price is due to a different factor. Layer 2 blockchains are increasingly siphoning revenue from the Layer 1 blockchains they support, and Ethereum is being hit the hardest by this new reality. ERC20 Token’s Revolutionary Take on Crypto Gambling to Dominate the Industry in 2025 These Q3 drops in Ethereum and Solana led to a major exodus of crypto whales from these top altcoins. One of the top destinations for these whales and their fresh cash is Rollblock’s record-breaking crypto presale. Rollblock has been blazing through each stage of its presale faster than the last. As Rollblock meets each milestone from its ambitious white…

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Filed under: News - @ October 24, 2024 12:17 am