The Ronin (RON) cryptocurrency has seen numerous developments recently. Price predictions show some optimism towards 2024 and beyond. Following a $10 million exploit in August, the Ronin Network bridge reopened. The Philippine Peso Stablecoin PHPC debuted on the Ronin Network after being launched by Coins.ph on the Ronin Blockchain, highlighting its integration capabilities.
Notably, a game called Pixels is fueling a resurgence in the Ronin Blockchain's usage. Several ICOs and new investment opportunities have emerged, with Ronin Coin's gaming surge and FETCH AI’s AI revolution being notable examples. There have been few bumps, a significant one coming when the Ronin bridge was paused and restarted after $12 million was lost in a suspected 'White hat' hack.
Strategic partnerships have come into play, notably with Polygon. Even with the creation of the Philippines' first regulated stablecoin PHPC, Bitcoin NFTs surpassed those of Ronin in all-time sales. Nevertheless, the Ronin network saw a significant recovery after a strained Binance token listing, and its user base grew substantially, accounting for 2 million daily active users.
Post-listing on Coinbase, the RON Coin saw a moderate 11% surge. Enhancing Filipino crypto adoption, Ronin integrated the newly launched PHPC Stablecoin. Meanwhile, 'Rise of the Ronin' players found ways to farm Silver Coins quickly, a feature worth noting.
RONIN Coin News Analytics from Sun, 26 Nov 2023 08:00:00 GMT to Fri, 06 Sep 2024 14:15:01 GMT - Innovation -2