All the latest news and key insights you need from Ronin
Ronin is a blockchain developed by Sky Mavis, specifically designed for gaming and decentralized applications (dApps). It is an Ethereum Virtual Machine (EVM)-compatible Layer-1 blockchain optimized for scalability, low transaction fees, and high throughput. Ronin enables developers to build player-owned economies and supports millions of daily active users in Web3 games.
Traditional blockchains like Ethereum often face high gas fees and slow transaction speeds, making them unsuitable for gaming. Ronin was created to overcome these limitations, providing a seamless, scalable, and cost-effective infrastructure. Its purpose is to allow developers to build immersive gaming experiences without the constraints of conventional blockchains.
$RON is the native utility token of the Ronin blockchain. It serves multiple purposes within the ecosystem:
Ronin launched its public testnet with validator access and bug bounties.
Ronin mainnet went live, enabling fast, low-fee transactions for Axie Infinity users.
Ronin Bridge was hacked, losing about $615 million in ETH and USDC.
Ronin became fully permissionless with Open Ronin, allowing developers to deploy smart contracts.
| ROI | PRICE | MARKET CAP | INVESTMENT |
|---|---|---|---|
| 1xx | $0.06 | $47.2M | |
| 0.21xx | $0.01 | $10.0M | $105.972 |
| 0.53xx | $0.03 | $25.0M | $264.929 |
| 1.06xx | $0.06 | $50.0M | $529.858 |
| 2.12xx | $0.13 | $100.0M | $1,059.717 |
| 5.30xx | $0.32 | $250.0M | $2,649.292 |
| 10.60xx | $0.65 | $500.0M | $5,298.584 |
| 15.90xx | $0.97 | $750.0M | $7,947.876 |
| 21.19xx | $1.30 | $1.0B | $10,597.168 |
| 63.58xx | $3.89 | $3.0B | $31,791.505 |
| 105.97xx | $6.48 | $5.0B | $52,985.841 |
| ATHx | $4.45 | $3.4B | $36,414.52 |
