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Ethereum Devs Choose To Divide Petra Upgrade Roll Out – Chainlink Stalls as New ERC20 Token Sees Major Price Hike

EthnewsEthnews2024/09/26 14:01
By:By Ralf

Ethereum developers have decided to stagger the rollout of the Petra upgrade, focusing on a phased approach to ensure stability. Meanwhile, Chainlink faces delays, which have impacted its momentum. In contrast, Rollblock (RBLK) is experiencing a significant price surge, fueled by strong market demand and investor interest in its GambleFi platform.

Pectra Upgrade’s Division Contributes To Ethereum’s (ETH) Volatility

Ethereum’s price has been affected by mixed market reactions following news about the potential division of the upcoming Pectra upgrade into two phases. Ethereum’s price saw some volatility, with a brief drop to around $2,306, marking a decrease of 4.45% in one day and a 0.86% decline for the week. However, despite the temporary drop, there has been a recovery, and Ethereum reached $2,656. Some analysts expect a further rally toward the $3,000 mark by the end of September​.

The uncertainty around the Pectra upgrade’s division has contributed to this volatility, but there remains optimism that a successful rollout could boost Ethereum’s long-term performance, especially given the improvements it aims to bring to scalability and efficiency​. Investors are watching key resistance levels around $2,800, with a potential upward movement for Ethereum if this level is broken.

Chainlink (LINK) Continues Upward Trajectory

Chainlink (LINK) has gained attention due to its frequent token unlock events. Recently, 18.75 million LINK tokens, valued at $215 million, were unlocked, increasing the circulating supply. Despite this, on-chain data indicates a potential price rally for Chainlink. 

Historically, Chainlink has seen price increases after these events, with seven out of the last eight unlocks leading to gains. Chainlink is currently trading 10.62% below its highest price in the past 30 days and 3.48% below its 7-day high. However, Chainlink has shown positive movement, gaining 21.28% from its monthly low and 9.78% from its 7-day low, reflecting an overall upward trend.

Rollblock (RBLK) Set To Be In The Major Player In This $540 billion Industry

Rollblock ($RBLK) is gearing up to become a major player in the $540 billion online gambling industry, and early investors are already enjoying huge profits. With its progressive price increase strategy, the token’s value continues to climb, and many expect even bigger gains when $RBLK hits major exchanges.

What makes Rollblock stand out? Utility and opportunity. Casino players can wager on over 7,000 casino games or sports betting markets, which will be added soon. Furthermore, holding $RBLK gives users VIP access to exclusive games, rewards, and weekly payouts. The 30% APY staking rewards sweeten the deal, offering passive income while the token’s price rises. Additionally, due to weekly RBLK buybacks and burns from Rollblock, the RBLK price could surge even faster. This setup is a double-win for investors: users earn from staking while the price potentially skyrockets.

Rollblock is looking to dominate the $540 billion gambling industry, and its token is still priced at just $0.027. Even conservative estimates suggest a 100x growth potential—turning early buyers into massive profit holders. Some investors are already calculating life-changing gains in the near future.

Rollblock’s combination of iGaming utility, rewards, and staking opportunities places it in a league of its own, setting the stage for explosive growth. If you’re looking for a project with both real-world application and strong growth potential, $RBLK is a bet that could pay off big.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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