Rollblock (RBLK): The New King of GambleFi Is Here

GambleFi is the new frontier of crypto. That is what Ethereum (ETH) and Stellar (XLM) holders are saying as they dump their stagnant big-name tokens

Ethereum (ETH) price fell 15% in the last 7 days, lagging behind the broader market recovery. This latest decline brings ETH’s total loss to 35% since the launch of ETFs 2 weeks ago.

After hitting a high of $2,700 following the ETF news, ETH price dropped rapidly to $2,000 with no bottom in sight. However, a 24 hour surge of 8.96% brings some hope to ETH investors.

Over $1.5 billion in ETH was purchased by traders and investors in anticipation of the token’s price skyrocketing to $6,000 and beyond. But Solana (SOL) seems to be taking in the bulk of new users, leaving Ethereum behind.

While ETH price suffered, SOL price surged by 20% in the last 7 days, bringing its total gain to 120% since the start of 2024.

Solana Price Surges 20% In Last 7 Days As Ethereum Price Drops 15%

Solana price surged 20% in the last 7 days and is now up 120% in 2024. Meanwhile, ETH price dropped 15% this week and is down 35% since ETFs were launched 2 weeks ago.

Solana (SOL) price continued to surge this week, while Ethereum (ETH) price lagged behind despite the broader market recovery.

SOL price rose by over $20 in the last 7 days, reaching a high of $115 on Wednesday. This latest rally brings SOL’s total gain to 120% since the start of 2024.

Meanwhile, ETH price dropped by 15% in the last 7 days, lagging behind the broader market recovery. This latest decline brings ETH’s total loss to 35% since the launch of ETFs 2 weeks ago.

After hitting a high of $2,700 following the ETF news, ETH price dropped rapidly to $2,000 with no bottom in sight. However, a 24 hour surge of 8.96% gives some hope to ETH investors who poured billions into the token in anticipation of explosive user growth in 2024.

Both ETH and SOL prices are still down significantly from their all-time highs, but SOL price seems to be recovering faster and attracting more attention from users and investors.

The recent launch of decentralized exchange Orca (ORCA) on Solana seems to be attracting more users to the SOL chain, while ETH is yet to see any major updates or user growth.

As ETH price continues to struggle, SOL price is surging to new heights, driven by strong demand for SOL tokens and NFTs. With the launch of Solana Pay and other upcoming developments, SOL price is poised to continue rising in 2024.

Solana Price Surges 20% In Last 7 Days As Ethereum Price Drops 15%

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