Ronin coin has shown significant growth and a promising future in the field of cryptocurrencies. Prospects for the coin price in 2024 show
positive indications, and the network is experiencing significant use, with
2 million daily active users. The network once fell victim to a white hat hack, resulting in a loss of $12 million, but the situation was controlled swiftly and had restarted operations. Looking ahead, Sig Network (ZIG) is expected to
surpass Ronin, and Akash Network. However, a
strategic partnership has been agreed between Ronin and Polygon for further development.
Pixels - a Web3 social gaming is one of the recent additions to the Ronin Network's success, while the
MoonBag cryptocurrency has earmarked itself with a high APY, attracting more investors to the crypto space, including Ronin's surge in the gaming niche.
Ronin's network managed to reclaim $12 million in digital assets after the incident, showcasing resilience. The newly debuted Philippine Peso stablecoin PHPC has made its appearance on the Ronin Network as a stablecoin. For improved security, Ronin is employing
Chainlink's CCIP to secure its cross-chain bridge. Another progressive step towards wider utility is the development of
Web3 games through zkEVM. Despite the unfortunate exploit, the Ronin network has shown significant improvements and resilience through its recovery from the hack and the consequent rise in users. A new integration involves the Philippines' first regulated stablecoin PHPC, another plus for Ronin. The network, however, experienced another exploit leading them to another loss of over $11M, and the network is going through a series of investigations and recovery measures. Among the other
noteworthy updates are Coinbase and Ronin launching Learn & Earn with $RON rewards and
Ronin Network topping the charts of daily active users with increased traction in the gaming ecosystem.
RONIN Coin News Analytics from Sun, 28 Jan 2024 08:00:00 GMT to Mon, 21 Oct 2024 06:51:08 GMT -
Rating 6
- Innovation 7
- Information 7
- Rumor 8
