2024-11-6 19:00 |
Find out what this means for Solana’s price action and compare its potential to the highly promising crypto casino Rollblock ($RBLK), which is being tipped for runaway 100x gains this cycle.
Solana ($SOL): ETF Could Bring Unprecedented Institutional FlowsA dedicated ETF fund is now seen as the holy grail for Layer One cryptocurrency chains after Bitcoin and Ethereum were granted their own institutional funds earlier this year. Solana looks to be next in line after Canary Capital became the latest broker to apply to the SEC with their S1 filing. Canary Capital also filed for Ripple and Litecoin ETFs this month as well—clearly, they are confident that the next wave of approvals will come soon.
VanEck and 21 Shares have also filed for spot Solana ETFs this year, and finance giant Franklin Templeton is also apparently considering their options. Despite the recent flurry of Solana applications, a regulatory cloud is hovering over any prospects for approval, as the SEC is waiting for further clarity on how cryptos are classified. The SEC would have to settle its lawsuits with Coinbase, Kraken, and Binance exchanges, which name Solana as one of the many coins they consider to be unregistered securities.
A further snag is that no Solana-based futures markets are available to trade on the US stock exchange. For Bitcoin and Ethereum, futures contracts were traded for around 18 to 24 months before any spot ETFs were approved.
Whether it comes sooner or later, a Solana ETF would be insanely bullish for the entire ecosystem. A tsunami of institutional inflows would flood into Solana, potentially pushing prices north of $400 and cementing its position as the third-largest chain after Bitcoin and Ethereum.
Rollblock ($RBLK): Disrupting the Massive Online Gambling Space With Blockchain TransparencyRollblock ($RBLK) offers a very different trading opportunity, as this disruptive crypto casino token is still racing through its early pre-sale stages and attracting great hype as it does so. Rollblock aims to bring trust and transparency back in a big way to the $450 billion online gambling space.
Blockchain technology is used to ensure that no market manipulation can take place and that bets can be verified on-chain. With web3 utility and speed, the native RBLK token is used for all in-game payouts and offers holders a range of benefits, including VIP bonuses and regular free spins.
As the RBLK token grows in demand, supply will be limited as a unique revenue share scheme will buy up tokens each week using a portion of casino profits. 60% of these purchases are immediately burned from the supply, while the remaining 40% is allocated to stakers who can earn up to a 30% yield.
Savvy investors looking for greater returns than Solana can offer should head to the Rollblock pre-sale and secure a 100x bag at the bargain price of $0.033 before stage 7 coins sell out in the coming days. Rollblock is going to shake the casino world, for a limited time RollBlock Tokens are available with a 50% Bonus, providing the perfect opportunity to acquire $RLBK!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
Similar to Notcoin - Blum - Airdrops In 2024
Solana (SOL) на Currencies.ru
|
