Rollblock Holders Brace For Major Update and Price Rally; Algorand TVL Jumps 12%, Hedera Price Prediction

Rollblock Holders Brace For Major Update and Price Rally; Algorand TVL Jumps 12%, Hedera Price Prediction

Rollblock holders are gearing up for a significant update that could spark a major price rally as anticipation builds around the platform's next move. Meanwhile, Algorand has experienced a notable 12% surge in its Total Value Locked (TVL), and Hedera's price prediction suggests potential bullish momentum, drawing attention from investors. Rollblock has already raised over $5.5 million in its ongoing presale, with early backers acquiring more than 17 million $RBLK tokens, underscoring strong investor confidence in the platform's potential.

Algorand’s TVL Sees a 12% Quarterly Surge
Algorand's DeFi Total Value Locked (TVL) increased 12% quarter-over-quarter from $173 million to $194 million due to increased activity on Folks Finance, Tinyman and Lofty. However, Algorand’s average protocol TVL dropped by 21%, from $88 million to $70 million, highlighting liquidity consolidation and reduced engagement in smaller DeFi projects.

A collaboration with Coinbase in September 2024 boosted Algorand’s ecosystem, offering users up to $20 in rewards for exploring dApps like Pera Wallet, Tinyman, and Folks Finance. This increased record numbers of Algorand account creations with 124,000 new addresses registered on September 20 plus 82,000 on September 26.

Algorand is priced at $0.2124 and may rebound with projections from $0.105 to $0.31 by 2024's end. Long-term forecasts estimate iAlgorand’s value could reach between $6 and $21 by 2040, contingent on sustained adoption and market momentum.

Hedera Explores Space with Groundbreaking SpaceX Partnership

Hedera is poised to enter the realm of space innovation, as a prominent crypto investor and expert unveiled an exciting collaboration with SpaceX. The partnership aims to position Hedera as the primary platform for facilitating crypto transactions in space, potentially revolutionizing satellite-to-satellite payment networks and transforming transactions between Earth and space.

Hedera's capability to process trillions of transactions per second and track space traffic were key factors in its selection for this ambitious project.

At press time, Hedera had been trading for $0.1168 following a 35% spike within the last twenty-four hours. Regardless of this bullish momentum, Hedera projections for 2025 by CoinPedia show a possible low of $0.04 and a high of $0.08, suggesting cautious but hopeful growth prospects for its mid-term growth..
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