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Ronin (RON)
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Ronin is a Layer-2 scaling solution for Ethereum designed to support decentralized gaming and NFTs. It provides fast, low-cost transactions and enables seamless blockchain gaming experiences. Developed by Sky Mavis, Ronin enhances the performance of Axie Infinity and other blockchain-based games.
Ronin (RON) is a blockchain platform optimized for gaming applications, developed by Sky Mavis, creators of Axie Infinity. It offers features such as low fees, scalability, and near-instant transactions, making it ideal for player-owned economies in gaming.
Ronin uses a Delegated Proof-of-Stake (DPoS) consensus mechanism to ensure security and scalability. It processes transactions efficiently and is specifically designed for blockchain games and NFT-based economies.
Ronin is unique in its focus on gaming and NFTs, offering a highly scalable and low-cost platform for blockchain-based gaming applications. Its low fees and fast transaction times set it apart from other blockchain networks.
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RON tokens can be traded on various centralized crypto exchanges. The most popular exchange to buy and trade Ronin is Binance, where the most active trading pair RON/USDT has a trading volume of $48.77 million in the last 24 hours.
Ronin offers enhanced scalability and low transaction fees, making it ideal for gaming applications. It also supports NFTs and player-owned economies, offering faster, cheaper interactions in decentralized games.
RON tokens can be stored in any ERC-20 compatible wallet, including MetaMask, Trust Wallet, and hardware wallets like Ledger and Trezor.
As of December 4, 2024, Ronin has a market cap of approximately $727.84 million and a 24-hour trading volume of $48.77 million. As with any investment, it's essential to conduct thorough research and consider market volatility.
