↗ 'RONIN Coin's Growth: The Aftermath of Hacks, Partnerships and Strategic Integration in Gaming Blockchains'

Several developments have been observed in the Ronin network, a blockchain designed for gaming. Despite a predicted surpassed by Zig Network in 2024, Ronin continues to experience robust growth in its user base, with an impressive 2 million daily active users registered. The network has recently come under scrutiny, however, due to the pausing of its Ronin Bridge following a $12 million whitehat Hack. The build-up of strategic partnerships, notably with Polygon and Fox, looks to promise positive prospects for Ronin's ecosystem.

Despite setbacks from cyber attacks, Ronin has managed to reclaim the $12 million in digital assets that had been stolen. The network enables gaming and has seen a substantial surge with the launch of MoonBag, generating significant interest. There has been an integration with the first regulated stablecoin in the Philippines - the PHPC, introduced by Coins.ph on the Ronin Blockchain. Ronin also stands out due to its integration with MetaMask and Chainlink CCIP for secure cross-chain bridging.

Furthermore, Ronin has made notable recoveries from exploits, managing to secure $10M despite a significant August hack. Amidst these, Ronin has not only risen but also dominated as a gaming-focused blockchain, with the Philippines' stablecoin PHPC debuting on their sidechain. The blockchain has also seen an increase in its user base, with bots and airdrops pushing Ronin to the No.2 blockchain for daily users. The future outlook for Ronin appears largely positive, with its increasing user base and continuous development in the gaming landscape.

RONIN Coin News Analytics from Mon, 08 Nov 2021 15:46:19 GMT to Mon, 21 Oct 2024 06:51:08 GMT - Rating 3 - Innovation 5 - Information 7 - Rumor 5