- Ethereum (ETH) is considering the addition of a native zkEVM solution
- XRP has remained stagnant despite the current market rally
- RebelSatoshi could be the next blue chip cryptocurrency after its remarkable presale growth.
Ethereum’s (ETH) founder has just proposed the addition of a native zkEVM service into the network’s codebase. XRP has struggled in the market despite the ongoing bullishness.
Token holders from both projects are now considering Rebel Satoshi as the next investment destination after its sharp 80% increase. $RBLZ has suarpssed several new ICOs. Yet, can it become a better investment than XRP and ETH? Let’s discuss.
Ethereum Founder Mulls Native zkEVM
On December 14, 2023, Ethereum’s founder, Vitalik Buterin, hinted at a future upgrade that could bring native zkEVM solutions to the network. He revealed a way to streamline the services of Ethereum (ETH) layer-2 solutions that depended on zkEVM technology. Following the growing security risks around such networks, he proposed embedding an “enshrined zkEVM”.
The proposal comes amidst Ethereum’s current market boost. ETH has soared since its November 1 price of $1,847. Growing demand for Spot crypto ETFs spurred a bullish rally that took ETH up by 12.9% to $2,087 on December 1. ETH remained bullish, rising by 8.2% to $2,260 as of December 14.
Following Vitalik Buterin’s comments, Ethereum (ETH) community members debate the effects of having native zkEVM. Some have opined it would reduce demand for Ethereum layer-2 solutions like Polygon. Some conclude that increased efficiency on Ethereum’s (ETH) main net will increase developer activity. It would further help Ethereum compete against top altcoins like Solana and Cardano. Furthermore, ETH’s price could rise by 37.1% to $3,100 by Q2 2024.
Legal Tussles Stifle XRP’s Growth
The crypto market has been on a bullish run since the end of October. Several cryptocurrencies have soared. Yet, XRP’s growth has remained slow. Despite a sharp increase to $0.7 in November, XRP now struggles to hold the $0.6 mark. Its current legal entanglement with the Securities and Exchange Commission has reduced investor sentiment.
XRP was trading at $0.6003. Following the rise in market bullishness, it jumped by 19.1% to $0.7155 on November 6. XRP’s value then fell by 13.4% to $0.6195 by December 12.
Despite its slow price movement, XRP is one of the most traded altcoins in 2023, with a trading volume of over $30 billion. Still, analysts say XRP’s price rally will follow the outcome of its legal proceedings. Due to XRP’s current momentum, analysts expect a 16.1% decline to $0.5195.
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Rebel Satoshi: Rebellious Community Project Records 80% Growth
Rebel Satoshi ($RBLZ) first made headlines for its rebellious approach to instituting decentralization within the crypto community. It unveiled a meme coin community driven to bring decentralization to the nooks and crannies of the crypto industry. It also aims to create vast financial rewards for its community members. Rebel Satoshi uses humor and virality to promote its community members to fame.
Furthermore, RebelSatoshi ($RBLZ) has unveiled several upcoming services to create financial value, pushing the project’s market capitalization to $100 million. The first of its services includes an NFT collection that expresses the story and mission of Rebel Satoshi ($RBLZ). The network also offers an NFT market that offers smooth trading of digital assets.
RebelSatoshi also invites community members to contribute to its liquidity and stability by staking their $RBLZ tokens. The project has revealed that $RBLZ is a deflationary token with a burn mechanism designed to boost its scarcity and increase its value.
The longer a user holds their $RBLZ token, the higher their potential profit. Finally, on its way to its market capitalization target, RebelSatoshi will launch a play-to-earn game.
$RBLZ’s ongoing blockchain ICO has sold over 56 million tokens since its launch. It has also raised over $500,000. The project started its presale with an initial value of $0.010. $RBLZ is now in the Warriors Round 2 of its presale, $0.018. It has already grown by 80% from its initial price. Exchanges will list $RBLZ when its value soars to $0.025.
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
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