Ronin, the gaming blockchain, shows continued progress and ambition in the cryptocurrency world. Notably, Ronin recorded a significant 2M daily active users and, despite some operational challenges, reacts in agile manners to setbacks. The Ronin Bridge experienced a considerable $12M whitehat hack that caused temporary suspension, which has since been rectified and restarted. Co-founder of Ronin has actively participated in contemporary debates, rebuking unfounded assumptions about memecoin versus altcoin revenue.
Ronin's robust gaming network is further emphasized in successful projects like Pixel’s Web3 Social Gaming and the popular Rise of the Ronin guide on farming silver coins. Big strides have been made in the Filipino market with the introduction of the Philippine Peso Stablecoin PHPC on the Ronin sidechain, indicating Ronin's commitment to work hand in hand with local financial structures.
Despite some unpleasant happenings like the bridge hack attributed to an error in the upgrade deployment script and an exploit for $9.8M in ETH, the company has shown admirable resilience. The 'white hat' attacker returned the substantial amount, and measures have been put in place to secure the cross-chain bridge with Chainlink CCIP. Resilience was again displayed when Ronin's ecosystem recovered after a strained Binance token listing. Homegrown projects like Web3 game Pixels have shown impressive worth and popularity aided by the Ronin blockchain.
Price predictions for the Ronin coin have been predominantly positive, despite some fluctuations, evidencing strong faith in the blockchain's longevity and strength.
RONIN Coin News Analytics from Mon, 08 Nov 2021 15:46:19 GMT to Sun, 13 Oct 2024 07:00:00 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 3
