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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.
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.
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