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XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment
Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan.
Updated Aug 9, 2023, 3:27 p.m. Published Aug 9, 2023, 9:41 a.m.
XRP and solana's SOL led gains among crypto majors as bitcoin posted steady growth in the past 24 hours, data from CoinDesk show.
Alternative tokens rollbit (RLB) and drove the most gains for traders on separate catalysts. Crypto casino Rollbit unveiled plans to buy and burn its tokens using platform revenues daily, while Telegram bot Unibot rose on increasing social sentiment for its tokens – igniting growth.
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Elsewhere, Reddit-based tokens moon (MOON) posted a second day of growth with a 14% rise.
FxPro senior market analyst Alex Kuptsikevich opined the recent growth of crypto likely came as investors digested a new wave of concerns about banks following Moody's downgrade of ten mid-sized US banks and an unexpected Italian windfall tax.
“Investors are piling into the largest cryptocurrencies to preserve large amounts of capital to stay far from the banks, where deposit guarantees apply to not-so-large sums,” Kuptsikevich told CoinDesk over email.
“Technically, the market made its second failed attempt this month to get back above the 50-day average. The ability to consolidate above $30,000 will be a milestone, cementing the breaking of the downtrend of the last four weeks,” Kuptsikevich added.
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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DOT Sinks 2% After Breaking Key Support
The Polkadot token erased earlier gains amid elevated volume, falling from a high of $2.09 to $1.97.
What to know:
- DOT collapsed through ascending trendline support around the $2.05 level on a massive 284% volume surge.
- The token broke decisively below the support level to trade 2% lower over the last 24 hours.
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