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After shortly flipping BNB in the crypto rankings, Solana has hit another milestone, generating more revenue than Ethereum for the first time. This is a huge milestone for Solana and shows it has the potential to challenge Ethereum. Meanwhile, Rollblock, an innovative new GambleFi project, is set to make returns of over 880% during its presale as it closed in on its $2 million raised milestone.
Summary
Solana Passes Ethereum Weekly Revenue With Market Cap Now in Sight
The big headline this week is Solana generating $25 million in revenue over the last 7 days compared to Ethereum’s $21 million. These revenues come from transaction fees and Maximum Extractable Value tips, which are a measure of the activity on the blockchain.
Solana has already enjoyed staggering growth this year. The Solana price is still up more than 550%, despite some recent retracement. The Ethereum price, by contrast, is barely up 60% after the much-anticipated ETF launch turned into a rout.
Solana supporters have argued for years that its blockchain offered everything that Ethereum had, but at faster speeds and with better scalability. Solana’s massive adoption rate in 2024 has proven them right, and the recent revenue boost drives the point home by putting more profit in the pockets of Solana holders.
Solana needs another 500% run before it overtakes the Ethereum market cap. With users pouring into the Solana ecosystem and the Ethereum price cratering after the ETF launch, this just might happen.
Rollblock Player Numbers Send Presale Estimates to the Moon
Not to be outdone by Solana’s big week, GambleFi rockstar Rollblock released its latest player numbers and sent its presale growth estimates to the moon. Rollblock has been adding new players at a staggering rate as its takeover of the $450 billion global gambling industry kicks into high gear.
Rollblock’s biggest draw is its revenue-sharing model that ensures its token is always generating income and rising in value. RBLK is bought back from the market each week with up to 30% of the casino’s revenue. Half of the repurchased tokens are burned out of circulation and the remaining half are used for rewards on the platform.
In addition to its revenue share model, Rollblock offers a blockchain powered casino with over 150 games. The casino can be accessed without KYC checks and will also introduce sports betting over the next few months.
The impact of Rollblock’s social media presence and constant events and giveaways cannot be ignored. This next generation of gamblers wants the excitement and community that only crypto can bring instead of the stale solitude of traditional online gambling.
RBLK’s stage 4 tokens sold out priced at $0.0175, now increased to its Stage 5 price of $0.02. The final stage price is now expected to increase a further 800% or more, making today a great time to get involved.
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.
