Ronin[RON]
Ronin Network is a layer-2 blockchain solution designed for the Axie Infinity ecosystem, enabling fast, low-cost transactions.
Ronin (RON) is an Ethereum Virtual Machine (EVM)-compatible blockchain developed by Sky Mavis, the creators of Axie Infinity, designed specifically to optimize the gaming experience within the Web3 ecosystem. Launched in 2021, Ronin addresses the high gas fees and slow transaction speeds commonly associated with Ethereum by providing a fast, low-cost, and scalable solution tailored for blockchain games. The network supports millions of daily active users and has processed billions in NFT transactions, primarily through its decentralized exchange Katana, which is a key platform within its ecosystem.
Initially operating on a proof-of-authority consensus, Ronin transitioned to a delegated proof-of-stake (DPoS) system in 2023 to enhance decentralization and security. The RON token serves as the native utility and governance token, facilitating transactions, staking, and network validation. Backed by major investors such as Accel, a16z, and Binance Labs, Ronin continues to expand its ecosystem, aiming to become a leading blockchain for gaming and decentralized applications.
Initially operating on a proof-of-authority consensus, Ronin transitioned to a delegated proof-of-stake (DPoS) system in 2023 to enhance decentralization and security. The RON token serves as the native utility and governance token, facilitating transactions, staking, and network validation. Backed by major investors such as Accel, a16z, and Binance Labs, Ronin continues to expand its ecosystem, aiming to become a leading blockchain for gaming and decentralized applications.
Blockchain ServiceAIDePIN
Current price
24h:1.29%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
90.18%All time low price
122.2%Token supply
0 RON (0%)
1B RON (100%)
$0
$0.437
$0
$436.93M
654.24M RON (65.42%)