Ronin is gaining notoriety in the crypto community due to aggressive
price predictions and increased active users.
Katana DEX is set to implement its v3 upgrade, reducing rewards. The gaming prediction market
Forkast plans to launch on Ronin, with
CGX reward offerings, further fortifying the project. The
Ronin bridge experienced a suspension due to a whitehat hack draining $12M but has since restarted. Innovation-wise, Ronin introduced a game titled
Pixels and has partnered with
Zentry to launch the
Ragnarok Landverse MMORPG. In terms of
daily active users, the Ronin network is thriving. Features like
zkEVM, a
cross-chain bridge with Chainlink's
CCIP, and a bounty system intended to stimulate DeFi interaction have also been introduced.However, the network has faced strains, including a $9.8M exploit suspected to be a whitehat hacker's activity further illustrated by a fault in an upgrade deployment script. Ronin still managed to recuperate $5.7M from this hack. Yet another exploit saw the network lose over $11M. Despite these setbacks, Ronin has been proactive in restoring user confidence. The network's collaboration with CDK for scalable Web3 gaming and Coinbase for
Learn & Earn initiatives reflect its commitment to growth. Let's not forget the introduction of the
Philippine Peso Stablecoin (PHPC) on the Ronin sidechain, aiming for regional market penetration. Additionally, amid the crypto volatility, Ronin's resilience has managed to grab the attention of many investors, projecting it as a potential player in the crypto world's future.
RONIN Coin News Analytics from Mon, 08 Nov 2021 15:46:19 GMT to Wed, 01 Jan 2025 11:35:38 GMT -
Rating 7
- Innovation 7
- Information 7
- Rumor -4
