A little-known blockchain casino project has exploded in the last 10 days after migrating to Ethereum (ETH).
Cryptocasino and exchange platform Rollbit and the project’s native token Rollbit Coin (RLB) completed their migration from Solana (SOL) to Ethereum on June 28, citing multiple reasons for the switch.
“Migrating RLB to Ethereum has been the most requested upgrade we do to RLB. We felt that being in Solana was restricting the growth of RLB and therefore we are happy to announce that we are migrating RLB to the Ethereum network!
In the 10 days since the platform’s announcement, RLB has gone from $0.021 on June 28 to its new all-time high of $0.0695, an increase of more than 230%.
RLB is also up an impressive 3.059% since the start of 2023, when it was trading at around $0.0022. The 151st-ranked crypto asset by market capitalization is still trading near its all-time highs to date.
Rollbit offers casino games, sports betting and non-fungible tokens (NFTs) as well as leveraged trading. In May, the project implemented the possibility for users to become liquidity providers directly on the platform itself.