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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
The Ronin Network, a gaming-focused Layer 1 blockchain, has experienced significant growth over the past six months, challenging industry leaders like BNB Chain in terms of daily active addresses, with 1.2M daily active users. This surge in popularity is attributed to its unique strategy of partnering closely with games, advising on tokenomics, go-to-market strategies, and community building. The network's success is further evidenced by the attraction of third-party projects such as Pixels Online, contributing to a 40% increase in its native token, $RON, and achieving an all-time high on March 13. Currently, Ronin is the third most used blockchain globally, with a market cap of $1.2B and a year-on-year increase of 1630%+ in daily active users, showcasing the potential of Web3 gaming.
How is it possible that Ronin is the third most used blockchain right now but seems to still be slept on? It’s because we’ve onboarded a totally different cohort of users than other chains. Our strategy is unique. Players first. Real adoption. Games and apps that work. No… https://t.co/p7C4ZmmoUM
[ Daily Active Users Onchain Landscape ] Mcap DAA 1 Yr Change 🔴 TRON $11B 1.8M 11%+ 🟡 BNB $94B 1.5M 13%+ 🔵 Ronin $1.2B 1.2M 1630%+ https://t.co/fbx7pgEoQl
Today @Ronin_Network is the third most used blockchain in the world Imagine being a fund manager and explaining to your LPs that you didnt allocate to $RON after talking about your «web3 gaming focus» GL HF https://t.co/wKOjQzOxiE
