Assessing the potential for new ATHs among BNB, Rollblock, ETH, and SOL
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As top altcoins like Binance Coin, Ethereum, Solana, and Rollblock approach their all-time high levels, investors are eager to see which will break through first.
Top altcoins that are yet to hit new record highs in the coming weeks include Binance Coin, Ethereum, Solana, and Rollblock. It is a fact that all these altcoins are near their present all-time high levels and can easily go beyond them. With all three trading on the live markets, Rollblock provides users with an opportunity to purchase a presale token that is below $1 but poised for huge gains over the coming months. Let’s find which of these altcoins will be the first to set a new ATH.
Can Binance Coin still soar to $700?
Binance Coin (BNB) is one altcoin that could set a new peak soon. Data from CoinMarketCap shows that it is trading around the $550-$630 range while its current peak is at $690.93. It is worth saying that Binance Coin has tried on different occasions to surpass this all-time high but failed.
The altcoin is battling with strong resistance at upper price levels and must overcome them to reach a peak of $700. While this is possible, it is not clear when it will happen as the market is yet to feel the full impact of Ethereum ETF approval.
Rollblock gearing up for price surge in stage 3
Rollblock (RBLK) has the potential to significantly impact the rapidly growing GambleFI market, a sector estimated to reach $744b by 2028, as it introduces blockchain technology to deliver a user experience that prioritizes security, privacy, and efficiency. Notably, the casino platform is already live, fully licensed, and accessible globally, which provides RBLK with a significant advantage over other projects.
Another stand-out feature behind Robllock is its focus on user anonymity, as it eliminates Know Your Customer (KYC) checks, and as a result, RBLK facilitates anonymous play, catering to a segment of users who value a more private gaming experience. Up to 30% of the casino’s earnings get allocated toward buying back RBLK from the open market. Half of these are then burned, which permanently reduces the supply and increases the scarcity.
The remaining half are distributed as staking rewards, incentivizing long-term investment in the ecosystem. In addition, the crypto is already up 20%, and the presale has surpassed $520,000, with analysts projecting that the figure can reach $1 million by the end of the month.
Currently, in Stage 2 of the presale, RBLK offers an entry point at $0.012 per token. This presents a compelling opportunity for future returns, as there are analyst projections that the RBLK crypto can experience a 100x value increase.
Ethereum price becomes volatile post ETF approval
Before the approval of Ethereum (ETH) ETFs by the US SEC, analysts predicted that the price of Ethereum would soar to a new all-time high of $5K. One such analyst, Standard Chartered, even predicted that Ethereum would reach $8k before the end of 2024.
While Ethereum price rose to a weekly peak of $3,968.15 after the SEC’s approval, it has become volatile. To surpass its current ATH of $4,892, the Ethereum altcoin price must rise 20%. This could happen once Ethereum ETFs start trading, but the time is uncertain when this will happen.
Solana price forecast
Solana (SOL) is another altcoin that has shown huge promise this year after it almost crossed its all-time high of $260.06. While the SOL altcoin price has corrected to the $160 – $180 range, analysts remain optimistic about their Solana price prediction of $300.
They believe Solana will pick momentum once there is a price rally in the broader crypto market. While this could happen anytime, the timeline is not certain.
Conclusion
Binance Coin, Ethereum, and Solana are near their current ATHs, but they have some strong resistances ahead which have prevented them from setting new record highs. While Rollblock has sold more than 80% of the tokens for stage two of its presale, investor demand has been rapidly increasing for those looking to take a slice of the profits on offer.
To learn more about Rollblock, visit the website and check out the socials.
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