You are currently viewing Solana DApp Revenue Climbs as WIF Tanks, Whales Bet Big on Rollblock

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Solana faithful are having the best time right now. The Latest Solana news has headlined with a record win—dApp revenue surged at the heels of meme coins’ explosive growth. However, it’s a double-edged sword for the meme market. Solana news highlighted the growing demand, but WIF’s pullback suggests otherwise. Amidst the corrections, Rollblock’s highly anticipated GambleFi ingenuity has drawn whale interest as the best new crypto. But why are whales so interested? Let’s find out.

Rollblock’s GambleFi shows resilience. Is this the best new crypto?

Rollblock has been posting impressive gains that are becoming hard for whales to ignore. Could this be the next best new crypto? Well, the stats back up the narrative. In just a few months, Rollblock has brought excellent fundamentals with impressive technicals. Its ongoing presale is a roaring success, attracting over $7.4 million and 330% growth.

Innovation has always been Rollblock’s watchword. The platform seamlessly blends the thrill of online gaming with the dynamism of DeFi. Its dedication to providing a secure and transparent iGaming experience distinguishes Rollblock. Furthermore, the credibility of its extensive 7,000 game titles is enhanced by thorough audits from reputable gaming bodies.

But Rollblock goes beyond the iGaming revolution. Its ingenious revenue-sharing model ensures everyone gets a share of the $500B iGaming industry. That’s why its ongoing presale is getting so much whale attention. At its current presale price of just $0.043 in stage 9, Rollblock offers a rare chance to join a project poised for exponential growth.

Solana news: dApp revenue surge and Bitwise ETP launch ignites bullish sentiment

While whales continue betting big on Rollblock, Solana news has shown a pivotal shift for its ecosystem. According to Syndica, Solana’s dApp revenue has reached a staggering $365M. This surge was fueled mainly by the rise of meme coin platforms like Pump.fun. 

Pump.Fun accounted for a record-breaking $106M as meme coins’ revenue reached a whopping $509M YTD on Solana. But that’s not all! Recent Solana news has also highlighted surging institutional interest. A few days ago, crypto asset manager Bitwise launched a Solana Staking ETP on the Deutsche Börse in Germany. All these have buoyed optimism for the SOL price as it cements its position as a DeFi leader.

Dogwifhat nosedive 16.5%. What next for WIF?

Despite getting a spot in Solana’s success story, meme coins are having a rough time this week. This past week alone, WIF lost 28% after nosediving 17% intraday. Despite this bearish momentum, on-chain data paints a nuanced picture. 

While whales appear to be offloading WIF, exchanges saw $10 million inflows over 48 hours. The number of token holders has also improved from 189,000 to 207,000 as more investors try to capitalize on the correction. Right now, Dogwifhat is teetering on crucial trendline support, but the bullish narrative is intact, especially after Binance.US recently enabled deposits.

Conclusion

The crypto market is getting chaotic. The meme coin hype that propelled Solana’s dApp revenue has fizzled out. Recent Solana news has painted a bullish outlook for SOL, but WIF is struggling to regain its footing. However, Rollblock has emerged as the balance in this chaos. Its blend of DeFi and gaming has redefined the iGaming space and positioned itself as the best new crypto.

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

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

Socials: https://linktr.ee/rollblockcasino

*This article was paid for. Cryptonomist did not write the article or test the platform.