Ronin (RON) is set to experience significant expansion and evolution in the coming years with predictions speculating a potential 2X rise by 2030. The network has integrated
Transak for improvements to fiat-to-crypto transactions, announced plans to increase
DeFi interaction through
bounties and launched the
Tama Meme Platform in response to the growing meme coin trend. However, this incorporation of meme coins has sparked debate amongst its co-founders. The network has also recently recovered from a
whitehat hack leading to the temporary pausing and subsequent restart of
Ronin Bridge.
Investments are being made in the Web3 developer community through a
$10M grant program. Further expansion includes the launch of the AI agent,
JAIHOZ token on the blockchain, and the blockchain-based game,
PIXEL entering the top ten most traded token list post-debut. The network has integrated the Philippines' first regulated stablecoin,
PHPC and introduced an upgrade,
Goda, amid increasing Pixels activity. DEX
Katana is set for a v3 upgrade with reduced rewards.
Despite recent improvements and expansions, the network experienced a hack resulting in a loss of $9.8M in ETH, raising questions about network security. However, Chainlink's CCIP has been purported to revolutionise asset transfers, suggesting efforts towards improved security. Despite growth, the price remains in a descending triangle, leaving many investors to question their stakes. The aftermath of a $650m exploit on Ronin Bridge raises more security concerns.
RONIN Coin News Analytics from Mon, 08 Nov 2021 20:30:30 GMT to Fri, 21 Feb 2025 14:17:57 GMT -
Rating -2
- Innovation 5
- Information 4
- Rumor -5
