Ronin Network, originally launched as an independent blockchain to support the Axie Infinity ecosystem, is transitioning into a Layer 2 (L2) scaling solution aligned with Ethereum. This move aims to leverage Ethereum's expanding infrastructure to enhance transaction activity and user benefits, addressing previous limitations such as network speed and cost. Ronin has achieved over $5 billion in NFT volume and 30 million wallet downloads, with current on-chain activity surpassing levels seen during the Axie boom. Industry observers note that Ronin's integration as an Ethereum-aligned L2 is part of a broader trend where many Layer 1 blockchains may evolve into Layer 2 solutions. This shift underscores Ethereum's growing role as a foundational platform for gaming, social applications, and decentralized finance, reinforcing its position as a global computational infrastructure.
It's really a fun time to be in crypto: Some launch their own L1s while other prefer L2s. Which strategy will prevail? Interesting that Ronin launched their own chain because Ethereum was slow & expensive. But Ethereum and L2s finally scale and Ronin migrating to an L2 is https://t.co/xl4o2llT7v
"Ronin will become a full-fledged, Ethereum-aligned L2 by next year" Bullish. Huge moves @Jihoz_Axie. Many L1s will become L2s in the years to come. https://t.co/a9zejKYFZY
Had a really great time at @ETHGlobal Pragma yesterday, it really drives home how long term the Ethereum community is - the infrastructure @Ethereum, @Optimism, and @Base are building is the new base layer for global finance. And @privy_io is giving everyone a wallet... https://t.co/5yyz4E57Ly