Could Solana Hit $1000 Before BNB? New Presale Token With Revenue Share Capturing The Crypto Space’s Eyes
The post Could Solana Hit $1000 Before BNB? New Presale Token With Revenue Share Capturing The Crypto Space’s Eyes appeared on BitcoinEthereumNews.com.
Solana and Binance Coin (BNB) are in a race to reach $1000. While Binance Coin (BNB) has an initial price advantage, Solana’s ecosystem growth could see it overtake BNB in 2024. Meanwhile, Rollblock is gaining huge traction in the GambleFi market and according to experts, its utility token, RBLK could be on track to hit 100x growth this year. Solana ETFs Raise Hopes for $1,000 Tokens While the Solana price has a longer way to go to $1,000, it definitely has greater momentum. Solana’s price is already up 600% this year as it joined Ethereum as one of the top utility blockchains. The projections for the next massive rally are based on Solana ETFs being the next in line for approval. ETF approval will turn Solana from a crypto king into a broader financial juggernaut. Analysts expect that Solana ETF approval will lead to another 600% rally, easily taking it above $1,000. BNB Price Capped by Binance and SEC While the BNB price has a much shorter route to $1,000, its journey is far more difficult. BNB’s 130% rally this year only takes it back to previous all-time highs from 2021 and 2022. The value of BNB is constrained by the activity on the crypto exchange Binance. BNB can only rise with the broader crypto market, which makes it unlikely to grow faster than Solana. On top of this limitation, the SEC’s case against Binance just entered the endgame, which means more fines are likely coming soon. Top Altcoin Rollblock’s Revenue Sharing is a Game Changer Investors discussing Solana and BNB shuffling the deck were surprised to find a newcomer projected to crack into the top 100 tokens soon. Analysts have recently updated their projections for Rollblock’s growth to x1,000 in 2024 to reflect the enormous success of its presale…
Filed under: News - @ August 5, 2024 4:24 pm