⇗ Revolutionizing Crypto Sphere: An Insight into Ronin Coin's Latest Developments and Challenges

Ronin has introduced a variety of new developments and collaborations of late. It launched a security migration with Chainlink CCIP, which facilitated RON's growth. It also welcomed the Meme Coin craze by introducing the Tama Meme platform and enabled token staking. Integration of fiat-to-crypto and NFT payments is now permitted via Transak. Moreover, bounties were introduced to enhance DeFi interaction. The AI agent, JAIHOZ token, was deployed on the Ronin blockchain. Partnership with Zentry led to the launch of Ragnarok Landverse MMORPG. The $10M grant program was initiated to further encourage Web3 developer growth. On the downside, the Ronin network suffered a significant exploit, losing $9.8M in ETH, although the suspect 'white hat' hacker later returned the funds. The network also suffered the largest crypto hack in history with Bybit. Despite these setbacks, it managed to integrate Philippines' First Regulated Stablecoin PHPC and witnessed an exponential surge in gaming ecosystem use, thereby topping the daily active users charts. With the launch of pixels – a Web3 social gaming, and the total sales of NFTs on Bitcoin surpassing those of Ronin, the coin showed signs of improving resilience. Furthermore, Ronin became the second most used blockchain due to bot activity and airdrops. The cryptocurrency market also experienced an unexpected crash, however, Ronin showed signs of steady growth.

RONIN Coin News Analytics from Mon, 08 Nov 2021 20:30:30 GMT to Wed, 23 Apr 2025 09:40:58 GMT - Rating 4 - Innovation 7 - Information 6 - Rumor 2