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Cryptocurrency News Articles

Breakpoint To Shine Light On Solana (SOL)

Sep 09, 2024 at 01:12 am

Solana (SOL) holders are looking forward to more bullish price action in September, thanks to a huge upcoming catalyst in the form of the Breakpoint developer conference

Breakpoint To Shine Light On Solana (SOL)

Crypto markets are set for a bullish close to 2024, with promising altcoins including Solana (SOL) and Bittensor (TAO) ripe for a rally. However, the crypto casino Rollblock (RBLK) is set to outshine them both. Experts predict the new token will enjoy 100x gains this cycle.

Solana (SOL) price analysis for September

Solana (SOL) price is set for more bullish price action in September, thanks to a huge upcoming catalyst. The Breakpoint developer conference will be held in Singapore at the end of the month. Solana will be previewing recent developments, including the latest iteration of the Solana Saga phone and a preview of the monumental Fire Dancer upgrade.

Solana has been trading in a downward-sloping channel recently and is currently looking for support around $129. This bearish price action is in response to the Solana ETFs hitting a snag and extending the expected time frame for approval. All eyes will be on the Breakpoint conference to see if Solana can stage a rally back toward $200 in the coming weeks. Predictions that Solana will reach $1,000 are still being made, although starting to look increasingly optimistic.

Bittensor (TAO) price analysis for September

Bittensor (TAO) had a staggeringly bullish month, as its price rose to hit $362 at the end of August. Bittensor price is currently up over 17% this month, despite the market cooling off slightly in the past 7 days.

Bittensor was recently added to the major Grayscale Decentralized AI fund, which has allowed institutional investors access to the AI crypto niche. Given enough bullish inflows, Bittensor could easily see a run towards $450 during the next leg up. Bittensor price is currently trading at $252.16 and Bittensor’s daily trading volume is up 32% over the last 24 hours.

Rollblock (RBLK) price analysis for September

Rollblock (RBLK) is making traditional Web 2 casinos look incredibly out of date and irrelevant, as it brings the cutting-edge innovation of blockchain technology to the $450 billion gambling sector. Rollblock utilizes the very best of decentralized finance to ensure that all bets are encrypted onto the Ethereum blockchain and cannot be tampered with once placed.

Rollblock transactions are completely anonymous as no KYC is required to get started. Users are spoiled for choice on the platform with over 7000 Casino classics, including Monopoly and roulette, as well as a sports betting feature that is coming soon and will allow for bets on major international tournaments.

The native token RBLK can be staked for a generous 30% yield, and will see its supply reduced by an incredible revenue share scheme. Up to 30% of the casino profits will be used to buy up RBLK tokens each week. Half of these repurchased tokens will be burned to create scarcity, and the other half will be used for rewards.

Rollblock is currently in stage six of its presale. The low price of $0.026 is set for further rises in the coming days, so investors should race to grab a bag before the price rallies 100x.

Original source:coinpedia

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