Solana (SOL) and Injective (INJ) Roll Out New Upgrades to Regain Investor Confidence, but Both Tokens Haven't Recorded Any Significant Price Actions Lately.

Meanwhile, Rollblock’s new GambleFi protocol is experiencing a huge influx of new investors ahead of Q4’s bull market – all thanks to the token’s

Solana (SOL) and Injective (INJ) are both making headlines this week with their latest upgrades and initiatives. However, while both tokens have seen some price movement, neither has managed to generate any significant bullish momentum.

Solana (SOL) Price Analysis

Over the past seven days, Solana’s price has declined by 3.69%, indicating decreased investor interest. However, Solana’s community sentiment has now turned bullish as analysts believe Solana’s price could reach a new high of $330 before Q4 ends.

Solana is currently trading at $150.69 after a 3.25% intraday increase. Investors also appear to be regaining confidence in Solana’s growth since its volume has massively increased by 127.74% over the last 24 hours.

Despite this increased Solana adoption, a majority of SOL holders still have short positions on the token. If any profit-taking occurs, Solana’s current gains would be wiped out as the token’s price could plunge to the nearest support at $128.07.

Injective (INJ) 3.0 Update Fails To Generate Bullish Momentum

Injective recently began the first phase of its Injective 3.0 upgrade, which is focused on continuous token burns. By removing Injective tokens from circulation, the DeFi blockchain aims to increase the price of each INJ token.

Although Injective was also recently selected to join the Tokenized Asset Coalition group, which aims to accelerate the growth of real-world assets and institutional DeFi, Injective is failing to generate any significant bullish momentum.

Injective is currently trading at $21.27 after a 3.70% intraday increase. However, unless Injective manages to break above the 200-day Simple Moving Average at $23.85, the token is unlikely to record any significant gains.

Rollblock (RBLK) Presale Stage 7 Attracts A Huge Influx Of Investors

Rollblock’s new GambleFi project combines the best of decentralized and centralized gaming experiences to offer a revolutionary crypto-native casino, making it the hottest ICO of the year.

Within a few months of its presale launch, Rollblock has managed to attract more than 15,000 early investors who have helped the project raise over $4.41 million.

The real reason behind this extremely bullish growth is Rollblock’s native $RBLK token. In addition to powering the Rollblock ecosystem, the $RBLK token also offers long-term utility, scalability, and sustainability to investors.

With Rollblock’s revenue-sharing mechanism, $RBLK holders can receive a weekly passive income through staking rewards with up to 30% APY. As these rewards are distributed through an open market buyback mechanism, Rollblock’s demand is expected to outpace the capped supply of 8 billion tokens, making the token’s price highly deflationary over time.

Besides offering huge gains, Rollblock is also revolutionizing the $500 billion global gambling market with its Ethereum-backed casino. Instead of relying on subpar security protocols, Rollblock’s casino provides complete surety against third-party manipulation, bet fixing, and data leaks.

Since Rollblock also boasts a unique no-KYC policy, users can maintain their anonymity whilst enjoying more than 7,000 AI-powered casino games.

Even with these impressive features, Rollblock is still selling tokens for a low price of only $0.03 during stage 7 of its presale. As the broader crypto market heads into Q4’s bull run, Rollblock is anticipated to deliver up to 800% gains before the end of its presale alongside a massive 100x rally post-launch.

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