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Solana News: Decline in Active Addresses Amid Whale Investment in Promising Rollblock Project

Solana News: Decline in Active Addresses Amid Whale Investment in Promising Rollblock Project

Author:
SOL News
Published:
2025-02-27 11:54:38
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Recent trends in the Solana ecosystem indicate a shift in investor behavior, with active addresses hitting a three-month low. However, large investors are turning their attention to Rollblock, a blockchain-based casino project that promises significant growth potential.

Solana Active Addresses Record Three-Month Low As SOL Whales Rotate Into Viral ETH GameFi Project

Solana active addresses have hit a three-month low, indicating a decline in retail investor interest. Large whales are shifting capital into new opportunities, particularly Rollblock ($RBLK), a blockchain-based casino that is transforming the $500 billion gaming industry. Analysts predict significant growth for Rollblock this year, making it an exciting investment opportunity for crypto traders.

Solana Futures ETFs Gain DTCC Listing, Is a Spot SOL ETF Next?

Solana has taken a significant step towards wider acceptance in traditional finance with the Depository Trust and Clearing Corporation (DTCC) listing two Solana futures ETFs - Volatility Shares Solana ETF (SOLZ) and Volatility Shares 2x Solana ETF (SOLT). This move marks an important milestone for the blockchain network and raises hopes for the approval of a spot Solana ETF. The DTCC, a crucial organization in the financial system, provides clearing and settlement services for trades, and listing on the DTCC is seen as a necessary step before an ETF can start trading on exchanges.

Solana Crashes to $131, Hits Five-Month Low Post-LIBRA Scandal

Solana (SOL) plunged 41.99% in a month, hitting a five-month low of $131 with a market cap of $69 billion. Open interest in SOL futures fell 44%, and trading volume declined 54%. The RSI dropped to 26, signaling strong selling pressure and a deep bearish phase. The decline coincided with broader market instability triggered by external factors.

Solana’s smart solutions: Why SOL could outperform all coins in 2025

Solana has established itself as one of the fastest and most efficient blockchain networks, offering high-speed transactions and low fees. As the cryptocurrency market looks ahead, Solana’s scalability and expanding ecosystem position it as a strong contender in the next phase of blockchain growth. With increasing institutional adoption, decentralized applications (dApp) on Solana are also expected to thrive.

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