Ronin Network Token Surges 40%, Becomes Third Most Used Blockchain

The Ronin Network, a Layer 1 blockchain designed for gaming, has experienced significant growth, with its native token, $RON, surging 40% in the past month and reaching an all-time high on March 13. This growth has been attributed to the network attracting third-party projects like Pixels Online. The network is currently the third most used blockchain globally, a position bolstered by its focus on community and gaming, drawing in a unique cohort of users compared to other chains. The ecosystem now boasts over 60 games and decentralized applications (dApps), with recent highlights including a collaboration with Yield Guild Games (YGG) and a new user growth record for Pixels, partly due to a 350k new mint by Kaidro. Despite its achievements, some believe Ronin is still underappreciated in the broader blockchain community.