↗ Undeterred by Security Hiccups, Ronin Continues Its Pace in Gaming Crypto

Ronin has been a significant point of discussion in recent cryptocurrency news. Price predictions for 2025 and beyond suggest potential growth with the Coin CryptoCurrency Information Portal (CCIP) possibly playing a major role in taking RON to new heights. Ronin’s Prediction Market has gone live and the Ronin Network integrated Transak for fiat-to-crypto and NFT payments. It has also launched a $10M grant program for the enhancement of Web3 developer growth.

Various partnerships and integrations were announced, including Zentry teaming up with Ronin Network for the launch of Ragnarok Landverse MMORPG in 2025, and the launch of Jaihoz Token on Ronin and Base. Ronin Network announced the security of its cross-chain bridge with Chainlink CCIP. However, the network was also subject to a $9.8M ETH exploit, allegedly by a white hat hacker.

Ronin has gained immense popularity among gaming enthusiasts with PIXEL and Tama Meme launching on the Ronin platform, escalating the trading and usage of Ronin's native token. Ronin ecosystem's recovery post-strained Binance token listing demonstrated resilience, which could provide future investment opportunities.

Contrarily, the Ronin bridge hack has been a significant blow which affected the trust in Ronin, despite the hackers returning $10M in ETH. The issue was traced back to an error in their upgrade deployment script. The hack and a 21% reduction in Sky Mavis’ team has raised questions about Ronin’s long-term viability and security.

Regardless, it is undisputed that Ronin has made remarkable strides in the cryptocurrency and gaming space, with a clear vision of merging Blockchain technology with gaming, thereby, fostering a strong community with massive daily user engagement.

RONIN Coin News Analytics from Thu, 28 Oct 2021 07:00:00 GMT to Fri, 21 Feb 2025 14:17:57 GMT - Rating 2 - Innovation 6 - Information 5 - Rumor 3