The live price of Ronin is - per (RON / USD) with a current market cap of $430.63M USD. 24-hour trading volume is - USD. RON to USD price is updated in real-time. Ronin is -% in the last 24 hours with a circulating supply of 654.24M.
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Ronin is a blockchain network built specifically for gaming applications, created by Sky Mavis, the development team behind the widely recognized Web3 game “Axie Infinity.” According to the project’s description, only a few blockchains are currently capable of supporting games with millions of daily active users—Ronin is one of them, having processed over $4 billion in NFT transactions. The platform reportedly supports fast transactions with minimal fees, enabling seamless in-game transactions, making it an ideal choice for Web3 gaming projects.
Ronin is technically optimized for gaming, focusing on efficiency and reducing unnecessary data processing found in other permissionless blockchains. This ensures high operational performance, minimizes spam, and maximizes uptime for gaming applications. Additionally, Ronin transactions consume significantly less energy compared to traditional blockchains, offering strong environmental benefits.
The Ronin blockchain is compatible with the Ethereum Virtual Machine (EVM). It supports low-cost, high-speed transactions aimed at delivering a smooth gaming experience. Ronin builds its ecosystem through the decentralized exchange (DEX) Katana, which facilitates token swaps within the Axie Infinity ecosystem—enhancing both liquidity and user engagement.
The RONIN token is designed to support the operation of the Ronin blockchain, ensuring network security and enabling community governance. It also plays a key role in driving the growth of the ecosystem, particularly in gaming, decentralized finance (DeFi), and NFT trading.
In 2021, the development team behind Axie Infinity, Sky Mavis, officially launched the Ronin blockchain. It was the first blockchain designed specifically to meet the unique needs of gaming communities, with a focus on enhancing the scalability and user experience of "Axie Infinity" and other blockchain-based games.
Ronin is an Ethereum Virtual Machine (EVM)-compatible blockchain built for developers to create game applications with player-controlled economies. It is primarily used to power Web3 games, enabling high-speed, low-cost in-game transactions and digital asset exchanges within gaming ecosystems.
The maximum supply of RONIN tokens is capped at 1,000,000,000. As of the time of writing, the circulating supply is 299,976,156 tokens.
The EVM-compatible Ronin blockchain uses a Delegated Proof of Stake (DPoS) consensus mechanism, complemented by Proof of Authority (PoA), to enhance efficiency and security for gaming-related transactions. In this hybrid model, token holders delegate their stake to validators, who are responsible for verifying transactions and producing new blocks. Validators are selected through a combination of community voting and PoA, aiming to ensure the reliability of in-game activity and asset exchanges while balancing decentralization and governance efficiency.
The RONIN token is the cornerstone of Ronin's blockchain economy. It provides liquidity to the network, allows holders to pay transaction fees, participate in governance, and trade within the decentralized exchange ecosystem. The token is essential for Ronin’s efficient operations and strategic growth.
Ronin focuses on enhancing the gaming experience by addressing key issues found in networks like Ethereum, such as high transaction fees and slow processing times. It combines game-optimized features, scalable infrastructure, environmentally sustainable design, and strong security protocols. This thoughtful approach delivers a smooth, cost-effective, and secure gaming environment, making Ronin the ideal choice for both developers and gamers in the Web3 ecosystem seeking a more efficient digital gaming experience.
The Ronin to other currencies exchange rate?
