Ronin Network, the blockchain designed for gaming, has been making significant strides in its growth and development. The gaming-focused blockchain recently introduced bounties aimed at boosting
DeFi Interaction and integrated Chainlink’s CCIP, which is intended to revolutionize asset transfers. The integration triggered a
30% rally in LINK's price. Ronin also launched a v3 upgrade of Katana DEX with reduced rewards. Predictions foresee the possibility of substantial increase in Ronin coin's value due to major integrations such as CCIP. Ronin co-founder recently joined the conversation on memecoin vs. altcoin revenue, criticizing what he referred to as 'inductive fallacy'. Meanwhile, Ronin continued to expand its ecosystem with new games like Pixels and titles from Fableborne series. The popularity of these games resulted in a significant increase in Ronin's daily active users, now reported to be around 2 million users. However, the journey has not been without challenges, including a couple of exploits that resulted in substantial losses, with the most prominent being a $10m exploit in August which was later resolved. The bridge was reopened and Ronin witnessed recovery in its ecosystem due to gaming-focused growth. The network has also taken steps to secure its cross-chain bridge with Chainlink's CCIP. Furthermore, Ronin's price predictions for 2024-2030 suggest a potential price surge. The network's coins.ph launched the first Philippines' peso stablecoin which debuted on the network, and MoonBag recognized Ronin in their crypto coin presales for its gaming surge. Ronin also stands out for recovering its hack loot of $5.7m.
RONIN Coin News Analytics from Mon, 08 Nov 2021 15:46:19 GMT to Mon, 16 Dec 2024 20:04:28 GMT -
Rating 5
