Cardano

bullish

GambleFi

Axie Infinity

As Cardano (<a href="https://yellow.com/asset/ada">ADA</a>), Solana, and XRP soared last week, many crypto experts are <a href="https://en.cryptonomist.ch/2024/11/18/cardano-price-prediction-can-ada-hit-5-are-analysts-predicting-bigger-gains-new-altcoin/">predicting</a> that this could be the start of a new altcoin season. The ADA price rally reversed the altcoin price movement to the bullish side as the Cardano achieved a 75% month-on-month hike. This is likely to continue as Ripple-Cardano partnership news is making headlines. 
This was further spiked by Cardano founder Charles Hoskinson saying he would like to build the US crypto policy under the Trump administration. The altcoin surge has triggered a price rally in gaming tokens like Rollblock (RBLK) also which gained investors’ interest courtesy of its GambleFi features, seeking to revolutionise the $500B iGaming market. 
The RBLK token has already seen a 250% gain in its presale because of the GambleFi solution which seeks to integrate blockchain technology into digital gambling. The Rollblock token is estimated to see an 800% spike by the time it is officially launched because crypto investors are highly stoked about its extensive suite of games and its unique revenue-sharing model. 
This is in line with the growing market interest in GameFi tokens as seen in the more than 20% spike in Axie Infinity and Illuvium tokens due to their decentralized ownership and user engagement. Rollblock is perfectly suited to take advantage of this trend by using blockchain technology to enhance user security and control which is in sync with the transparency and privacy demands of the iGaming sector. 
The platform's 30% revenue sharing from the Casino profits to purchase RBLK tokens along with its minimal registration is attracting privacy-inclined gaming crypto investors as the long-term value of the token is assured. It ensures DeFi elements are introduced into the gambling arena while it leverages the market’s focus on decentralized control and monetization as well as gaming industry trends. 
Meanwhile, Cardano reached a seven-month high this week as it hit the $0.64 mark and crypto analysts are expecting that the altcoin will surge more. The bullish trend started with Hoskinson’s Trump administration announcement last week as his influence in the crypto circle is undeniable. As a co-founder of the Ethereum network and the brain behind Cardano’s research-focused development which also includes a secure and scalable network, Hoskinson is well-positioned to drive this legislative change. 
Hence, the crypto market is closely monitoring Hoskinson’s latest move, especially in light of Cardano getting ready for L2 shifts with Hydra L2 and Midnight ZK protocols. This has lifted the Cardano price prediction while the crypto market is experiencing a bullish rally with Bitcoin touching $93000 and Dogecoin hitting a 3-year peak after the Department of Government Efficiency (D.O.G.E) announcement by Trump. 
This surge is likely to spill into this week as Hoskinson has given a hint that Cardano might partner with Ripple to address regulatory problems, leading to positive ADA price prediction while gaming tokens are trying to ride this trend. Many analysts are forecasting that Cardano could rally to the $5 mark. Hence Rollblock iGaming solution raised more than $5.2 million, a 250% in the ICO, with the presale extending to stage 8 where the RBLK token will be priced at $0.035. 
At the time of writing, Cardano was trading at $0.752, up 2.63% in the last 24 hours while its trading volume has declined 11.78% to reach $2.29 billion and the market cap stands at $26.26 billion.

ADA Rallies Over Ripple-Cardano Partnership, GameFi Tokens Like RollBlock Surge

Yellow News

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