Ronin Coin (RON) has been attracting a lot of attention in the crypto space with significant updates and improvements to its platform. A gaming-oriented blockchain, Ronin has managed to amass 2M daily active users. Ronin's RON saw a price uptick following its listing on Coinbase, and despite the price fall after its Binance listing, it continues to show resilience.
The coin's utility in the gaming ecosystem has been demonstrated through its integration with social gaming platform Pixels.
Furthermore, the launch of the Philippine Peso Stablecoin PHPC on Ronin Network has been another significant development, supporting the emerging Filipino crypto adoption.
Nevertheless, the network has faced security issues in the past, most notably the $9.7 Million ETH hack. Nonetheless, the company was able to recover $5.7 million from the Ronin Bridge hack.
Amid this,
Ronin also established a strategic partnership with Polygon and launched its early access program. Noticeably, Pixels and Ronin have shown strong sector growth in Q1 2024, according to industry reports. Lastly, Ronin intends to start using Layer-2 zkEVM with Polygon CDK.
RONIN Coin News Analytics from Thu, 07 Dec 2023 08:00:00 GMT to Sat, 03 Aug 2024 14:00:38 GMT -
Rating 6
- Innovation 6
- Information 9
- Rumor -4
