Is Binance Smart Chain DEX Volume Surpassing Solana Bullish For BNB; Can Either Keep Up With This New Crypto?
As Binance Smart Chain‘s DEX volume surpasses Solana, many investors are eyeing the potential bullish impact on BNB. Meanwhile, a new crypto called Rollblock is making waves, currently in its 5th presale stage at $0.022, with over $2.7 million already raised.
Market analysts are predicting Rollblock could surge 100x in 2024, making it a promising contender against established networks like Binance Smart Chain and Solana. In this article, we’ll explore whether BNB can maintain its momentum and how Rollblock stacks up against the competition.
Binance Smart Chain’s DEX volume overtakes Solana: Bullish signs for BNB?
The recent surge in Binance Smart Chain’s DEX volume that overtook Solana recently could actually be incredibly bullish for BNB.
Binance reaps direct rewards from activity on Binance Smartchain, whose growth in popularity drives demand and, potentially, the BNB price higher. Additionally, Binance’s new decentralized exchange, which is currently the largest on BSC and has 50,000 daily active users, is further evidence of the rising popularity of the Binance Smartchain network, whose lower fees and greater transaction speeds are clearly attractive to developers and traders who favor BSC over Solana.
As BNB plays a big part in this ecosystem, the token could continue to appreciate as BSC succeeds in its attempt at dominating the DeFi space.
Solana’s resilience in August: Is SOL still a strong buy despite market retracements?
During the market retracements in August, Solana’s strength was put to the test. A number of experts thought SOL was one of the best investments this month based on how well it had done over the last three weeks. During the first crash, SOL’s price dropped more than 30%, reaching $110 before rising again.
The token went back down to the $140 support level again a week later, but it stayed in a range between $140-$155 until Saturday. A few people who follow the market said that the token was in a “great place” to buy because it was “still in the same sideways range, while the rest of the market made lower lows.”
Rollblock’s potential to surpass Binance Smart Chain and Solana: Key factors driving its success
Exciting new crypto, Rollblock is set to outpace even the impressive DEX (decentralized exchange) volumes of Binance Smart Chain and Solana, thanks to several key selling points. With Rollblock, unlike all other traded assets, transactions are securely and legally enshrined in blockchain technology and visible to everyone, so they cannot be backdated or be from two separate parties. The players using Rollblock will have a demonstrable edge based on trust.
However, the beauty of this new crypto is its focus on legal compliance while being fully licensed, which is directly reflected in its expanded user base and provides more enhancements to player security.
The ease of accessibility is another standout point for Rollblock, as no additional downloads are required, which lowers the barrier to entry and increases the adoption rate. The instant buyback and burn feature is another key point in supporting the token value, while the enthusiastic community not only informs the players but is also involved.
All these factors and more mean Rollblock could very well surpass the DEX volumes of both Binance Smart Chain and Solana, setting $RBLK up as a major player in the crypto world.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
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