The post Solana’s ETF Setback Looms but Can Cardano and Rollblock Defy the SEC’s Chill? appeared first on Coinpedia Fintech News
One could be forgiven for thinking SEC chair Gary Gensler is now just being spiteful for the sake of it. After losing his reputation with the Ripple Labs XRP case, Genser was given his marching orders by incoming President Trump, and Gensler confirmed he would resign on inauguration day. The problem is that Gensler, as a last act of defiance, rejected Solana ETFs.
This is a massive relief for ADA investors as Cardano whales will unlikely be lured to Solana just yet. However, Rollblock’s ongoing presale may be cause for excitement among even Cardano whales as this GambleFi token heats up.
Rollblock (RBLK): A Whale’s Opportunity in the Making
Rollblock isn’t just another token in the market—it’s a tour de force. Designed as a GambleFi platform, Rollblock blends the excitement of online gambling with the sustainability of decentralized finance. Unlike the fleeting hype of typical presale tokens, Rollblock offers tangible value through profit-sharing mechanisms, ensuring investors earn dividends weekly.
With its deflationary model and community-driven governance, Rollblock positions itself as an asset built for longevity, not just speculation. For whales looking to diversify their portfolios or maximize returns, Rollblock’s steady rise and $7 million liquidity milestone suggest it’s a project worth exploring.
In a market full of quick gains and even quicker losses, Rollblock promises not just potential but staying power—a rare find in today’s volatile landscape.
Cardano (ADA): Cardano Whales Not Ready To Jump Ship Just Yet
If you’re a Cardano whale, you are swimming in the balmy waters of insane profits. Cardano has made a comeback like those French poets write verses about. Regarded by many as yesterday’s news, Cardano probed the $0.25 mark a year ago, and its market cap was a shadow of what it once was. Yet, Cardano whales remained steadfast in their commitment to the token.
These Cardano whales are having the last laugh, as Cardano is now trading at way over a dollar and has delivered nearly 250x on the 90-day candle. The question is, can Carano whales take some of the profit and re-invest it somewhere else? The way Rollblock is going, the answer may be yes.
Solana (SOL): Solana Etfs Denied Their Moment In The Sun
In what critics call a final act of defiance, outgoing SEC chair Gary Gensler indicated he would not approve Solana ETFs, citing concerns about Solana’s status as a security. The non-approval of Solana ETFs is arguably a non-event, as incoming SEC chair Paul Atkins is sure to rubber stamp Solana ETF approval as a matter of course.
But will it make a difference? Neither the Bitcoin nor Ethereum ETFs have made much of an impact, with many investors asking why to hold an ETF when you can just hold the token. It’s a good point, but the Solana ETF will give legitimacy to the coin, and it could be a bona fide asset, and that can only be good for Solana.
Conclusion
Solana ETFs may have been shot down by Gensler, but it’s only a temporary setback before the new SEC chair pushes through the application, and this will lend legitimacy to Solana as an asset. Cardano whales, however, may be looking at other avenues to invest in. That opportunity may just be the Rollblock presale.
Rollblock is now available at $0.041.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io
Socials: https://linktr.ee/rollblockcasino
