Ronin Network price

in USD
$0.5112
-$0.0098 (-1.89%)
USD
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Market cap
$354.25M #91
Circulating supply
693.12M / 1B
All-time high
$4.563
24h volume
$7.50M
3.8 / 5
RONRON
USDUSD

About Ronin Network

RON (Ronin Network) is a blockchain platform designed specifically for gaming, offering fast and low-cost transactions to enhance player experiences. Originally created to support Axie Infinity, RON has grown into a broader ecosystem for Web3 games and applications. Its primary use cases include in-game transactions, NFT trading, and decentralized finance (DeFi) integrations within gaming environments. RON is also evolving to become an Ethereum Layer 2 solution, leveraging Optimism's OP Stack to improve scalability and interoperability. This move aims to align RON with Ethereum's security and network effects while maintaining its gaming-focused advantages. With a strong community and active development, RON continues to be a key player in the blockchain gaming space.
AI-generated
Layer 1
Gaming
CertiK
Last audit: Mar 30, 2023, (UTC+8)

Ronin Network’s price performance

Past year
-66.75%
$1.54
3 months
-2.69%
$0.53
30 days
-5.81%
$0.54
7 days
+8.32%
$0.47
52%
Buying
Updated hourly.
More people are buying RON than selling on OKX

Ronin Network on socials

KOLIN
KOLIN
L2 season picking up, $ARB $OP $CELO leading rotation from mainnets $ARB 0.51 24h down 5.77%, $OP 0.78 24h down 4.72%, $CELO 1.00 24h down 2.29%, Ronin migration to OP Stack and CELO EigenDA V2 upgrade point to capital flowing into L2s
Max
Max
Introducing Portals, which is coming soon. Before that, you need to know about the beta of Portals, $CHRONO. As a beta, warm up for alpha, slow pulling from July, the bottom has been pulled 5 times, a few days ago a Korean KOL shouted Portals + $CHRONO, directly shouting CHRONO from 4m to 8m. Let's go back to the parent currency Portals and what they do: To put it simply, the token mechanism is similar to Virtual, but the tools provided are more powerful, basically memecoin 2.0, which is equivalent to the combination of Virtual + pumpfun, and the real opportunity lies in doing entertainment encryption correctly, which is what Portals is doing. Specifically: 1. Central Activity Area: Contains trading floors, casino games, and gamified tokens Issuance. 2. Massive Traffic: During the token launch event, Portals Hubworld received hundreds of thousands of visits. It is the Web3 version of Roblox, which can do a lot of things, and the functions are basically gathered, you can issue coins, issue agents, and send games. It is the second largest NFT market capitalization platform on the SOL chain, with an annual trading volume of more than 20m, ARR has increased by 400% year-on-year, and the investment background is very hard, familiar Solana Ventures, Foundation Capital, Multicoin, Greylock, these top VC institutions are there. By the way, I researched it, at that time, the pre-sale of $90m was full for 11s, and the big players were very FOMO, and there was a financing scale of 3500SOL, basically everyone was staring at it, and there were more than 10,000 people on the waiting list, waiting for the next token issuance. Finally, let's talk about expectations: On Portals, the traffic is huge, during the token issuance, Portals Hubworld alone can get hundreds of thousands of views, in the current crypto market, attention is equal to economy, and the space for imagination is very large. The short-term expectation is to surpass Virtual, after all, the creator tools + startup disk are much better than Virtual. The medium-term expectation is to directly absorb the market of SAND and MANA, these two platforms are performing very poorly, Portals has more than millions of dollars in revenue every year, and the team is very good, a smart team is dominant. The long-term expectation is to replace the RON and IMX markets and truly become the Roblox of WEB3.
RonsBasement 🦄💨✨
RonsBasement 🦄💨✨
Best "Normie" Coin out there Read words from the BOSS below ⤵️ Come on $UFD! We are doing this🌈 Changing crypto meme coins through OUR success We only need to be concerned with ourselves That's how WE do real Good Focus on the Horn! 🦄💨✨
Jay🍌
Jay🍌
Ron hasn’t missed a single day since $UFD went live, streaming updates and news about the coin long before Creator Capital Markets even existed. Whether it was 10 minutes or a full hour, showing up every day takes real heart, no matter how you feel, no matter the drama, even when the entire ecosystem is bleeding red. That’s the kind of consistency and grit I’ll always respect. A true beast. So before throwing shade on $UFD, remember the roots. Call it corny, call it whatever, but when the broader public realizes this story, that a gold-and-silver guy turned into a Cryptobro with unwavering community support, it becomes clear: this is the best normie coin out there. With its cute Unicorn logo, $UFD has everything it needs to flip every single memecoin on the market. Bookmark this 🫡

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Ronin Network FAQ

Ronin Network, an Ethereum Virtual Machine (EVM) blockchain, is purpose-built for P2E games. Created by Sky Mavis, it houses the globally renowned Axie Infinity. The network has transitioned to the Delegated Proof of Stake (DPoS) system, empowering users to become validators and help secure the network. 

Beyond facilitating in-game earnings, the Ronin Network offers staking opportunities and enables participation in project governance. By converging gaming and crypto benefits, it has played a pivotal role in expanding crypto adoption.

Easily buy RON tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal includes the RON/USDT trading pair.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for RON with zero fees and no price slippage by using OKX Convert.

Currently, one Ronin Network is worth $0.5112. For answers and insight into Ronin Network's price action, you're in the right place. Explore the latest Ronin Network charts and trade responsibly with OKX.
Cryptocurrencies, such as Ronin Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ronin Network have been created as well.
Check out our Ronin Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Ronin Network

Blockchain technology has seen consistent advancements, including improved scalability, the introduction of non-fungible tokens (NFTs), and the development of the metaverse. These innovations have positively impacted the blockchain gaming sector, especially with the adoption of the play-to-earn (P2E) model. This approach, which rewards players, has led to the creation of many metaverse projects, such as Ronin.

What is Ronin Network

Developed by Sky Mavis, Ronin is an Ethereum Virtual Machine (EVM) blockchain tailored for the unique demands of crypto gaming. Sky Mavis, also behind the immensely successful Axie Infinity game boasting over $1.3 billion in revenue, proves Ronin's potential as an optimal gaming blockchain. Within its first nine months, Ronin recorded 250,000 daily active addresses and amassed $5 billion in Total Value Locked (TVL).

The Ronin Network team

Sky Mavis, a technology-driven game studio, developed the Ronin Network. Jeffrey Zirlin and Alexander Leonard Larsen founded the studio. While Zirlin, a Yale graduate, dedicated over four years to shaping Sky Mavis, Larsen entered into the blockchain space in 2017, co-founding not just Sky Mavis but also the popular Axie Infinity.

How does Ronin Network work

Specifically designed for blockchain gaming, Ronin functions as an Ethereum-linked sidechain. Its crown jewel is Axie Infinity, and games within its ecosystem use the RON token for in-game purchases, such as NFTs. Thanks to the Ronin Bridge, users can smoothly transfer their in-game assets to the Ethereum mainnet, converting their gaming gains into cryptocurrencies.

Initially operating under the Proof of Authority (PoA) consensus, Ronin transitioned to the Delegated Proof of Stake (DPoS) for heightened decentralization. This shift allowed anyone holding a substantial amount of RON tokens to become a validator, bolstering network accessibility and enhancing its decentralization. The platform encourages user participation by allowing them to become validators or delegators, ensuring network security and earning rewards in return.

RON tokenomics

Launched in late January 2022, RON is the native token of the Ronin Network. Its total supply is capped at 1 billion RON. RON powers the platform, facilitating transactions and in-game purchases. Beyond that, it serves as a governance token and staking medium.

Distribution of RON

RON is distributed in the following way:

  • 30 percent for community engagement, encompassing content creation, rewards, liquidity mining, grants, and hackathons
  • 30 percent allocated to the team
  • 25 percent earmarked for staking rewards
  • 15 percent dedicated to the ecosystem fund

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Market cap
$354.25M #91
Circulating supply
693.12M / 1B
All-time high
$4.563
24h volume
$7.50M
3.8 / 5
RONRON
USDUSD
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