Ethereum adoption is on the rise with an impressive surge in active wallets, while Rollblock’s presale approaches $10 million in inflows.
The number of active wallets on Ethereum has skyrocketed, indicating a significant uptick in adoption during the current bullish market. Analysts are optimistic about Ethereum’s potential growth this cycle, coinciding with remarkable interest in Rollblock (RBLK), which is set to exceed $10 million in presale funding.
Rollblock Enhances Blockchain Security in the iGaming Sector
The Rollblock presale is experiencing exceptional momentum, with new registrations for its web3 gaming platform soaring by 600% in December alone. Over $1.75 million in bids were placed within just one month, reflecting increasing interest.
Featuring over 7,000 games and a newly introduced sports prediction league, the Rollblock platform has created a vibrant community of dedicated gamers. It addresses the longstanding issue of trust in online gaming by leveraging innovative web3 technology to secure all transactions on the Ethereum blockchain, ensuring unparalleled transparency for users.
With more than 45,000 investors backing the project, Rollblock’s presale is poised to reach the $10 million mark. Currently priced at $0.052 per token, RBLK presents a compelling investment opportunity as its value is expected to rise significantly this year.
The project’s price appreciation strategy includes a deflationary supply model supported by a unique profit-sharing scheme. Each week, 60% of Rollblock’s profits are allocated for token buybacks, with a substantial portion immediately burned to reduce circulating supply. This approach is designed to create scarcity and promote price growth as Rollblock scales, while the remaining profits fund attractive staking rewards for investors.
Ethereum Addresses Surge Amid Increased Adoption
The Ethereum network has witnessed a substantial increase in new addresses recently, signaling a revitalization of trader engagement. Over the weekend, 206,000 new Ethereum addresses were registered, marking the largest surge in address creation since October 2022.
Following a 2.2% gain in the past 24 hours, Ethereum’s price has reached $3,200, with solid support established at the $3,000 mark. This positions Ethereum favorably to potentially achieve new highs within this quarter.
Ethereum is currently 30% away from its all-time high of $4,800, and analysts believe this peak could be reclaimed by 2025, retaining its status as the premier blockchain for DeFi activities. Some experts even project that ETH might reach $10,000 during this market cycle.
