Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
$5M Milestone Days Away For Viral Crypto, Ledger Partners With THORChain, Arbitrum Featured In Uniswap Cross-Chain Bridge

$5M Milestone Days Away For Viral Crypto, Ledger Partners With THORChain, Arbitrum Featured In Uniswap Cross-Chain Bridge

EthnewsEthnews2024/10/26 22:00
By:By John Kiguru

The blockchain ecosystem continues to grow with Rollblock (RBLK) nearing the $5 million transaction milestone, Ledger partnering with THORChain for cross-chain trading and Uniswap integrating Arbitrum to its cross-chain bridge for scalability. These developments reflect the increasing momentum in decentralized finance (DeFi) that improves security and user experience while innovating in interoperability and cross-chain features. Let’s examine what each one of these breakthroughs means for the industry.

Ledger Partners With THORChain (RUNE)

Ledger Live is currently providing native cross-chain swaps via THORChain. Announced on October 22, the partnership lets users exchange assets between various blockchains via the Ledger Live app. This is a first for Ledger, as it now uses THORChain’s decentralized liquidity protocol to enable these swaps without needing wrapped tokens.

THORChain is among the market’s top gainers with an 8.33% jump over the last 7 days. THORChain’s current price of $5.22 demonstrates attractive liquidity and a 0.0985 volume-to-market cap ratio. This high liquidity is required by users who want to swap assets easily.

Arbitrum (ARB) Featured In Uniswap Cross-Chain Bridge

One of the largest DEXs in the world, Uniswap, is integrating Arbitrum into its cross-chain solution. This bridge will allow users to transfer tokens between the Ethereum mainnet and Arbitrum which is a layer-2 rollup protocol. 

Arbitrum has been praised for lowering transaction costs and speeding up user interactions with DApps. By using Optimistic Rollups, Arbitrum bundles several transactions into one batch. Arbitrum’s recent upgrades to the ArbOS operating system (for performance and interoperability) make it a favorite platform for developers developing decentralized apps on Ethereum’s ecosystem. With growing adoption and broader governance incentives, Arbitrum remains a keystone in scaling Ethereum to DeFi and beyond.

Rollblock (RBLK) Days Away From 5$ Million Milestone

Rollblock (RBLK) is defying expectations in the presale phase, gaining significant traction during this bullish Uptober period. Unlike many presale cryptocurrencies that struggle to maintain momentum, Rollblock has seen a 250% price increase while still in presale, and analysts remain optimistic about its potential. Some experts predict the token could achieve 100x gains after its official launch.

The token’s rise is driven by its strong utility, which has become more evident as institutions enter the blockchain space. Rollblock’s token plays a vital role in all platform activities, including gaming and staking, making it essential for users. The growing institutional interest highlights the importance of its utility, solidifying its potential to perform well post-launch.

Rollblock also secures all transactions by recording them permanently on the Ethereum blockchain. This creates an unalterable history, ensuring trust and transparency by preventing any potential accusations of tampering or dishonest practices within the casino industry. This innovation gives gamers a newfound confidence in an industry often criticized for lacking transparency.

RBLK, Rollblock’s token, has a fixed supply of one billion, making it inflation-resistant. Through a revenue-sharing model, the casino will regularly buy back and burn tokens, reducing supply and encouraging price growth. Specifically, 60% of the purchased tokens are permanently burned, while the remaining 40% are given to stakers, rewarding loyal users.

At its current price of $0.0318, investors in THORChain and Arbitruim may want to consider adding RBLK to their portfolios. With bold price predictions, some experts forecast significant potential for the token, setting ambitious targets for growth.

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

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

Socials: https://linktr.ee/rollblockcasino

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

241122: XRP Price Surges 25% as Headwinds for Ripple Clear Even More

XRP is closely-related to Ripple Labs, a high-profile payments company targeted by the SEC since 2020 on allegations of selling the token as a security to U.S. investors. Ripple fully cleared a long-drawn court case in 2024, bringing the spotlight back on XRP, a major token that commands a $77 bill

Bitget Academy2024/11/22 05:49