RON

Ronin Network priceRON

Local currency
$0.261-0.38%
1H
24H
1W
1M
1Y
ALL
Overview
Analysis

How much is Ronin Network worth?

Ronin Network price today is $0.27 with a 24-hour turnover of $71,233.22. Ronin Network price is up 1.04% in the last 24 hours. RON to USD price is updated in real-time. This crypto's current market cap ranking is No. 188, with a live market cap of $38.50M. It has a circulating supply of 14,83,39,298 RON.

Ronin Network price performance in USD

Time period
Change amount
%Chg
Today$ 0.00-0.38%
7 days$ 0.013.17%
30 days$ 0.000.00%
This year$ -1.73-86.95%

Ronin Network market information

24h low/high
24h low$0.26
Last price $0.27
24h high$0.28
Heat index rank
314
Market cap rank
188
Market cap
$38.49M
Favoriting rate
0.21%
Initial launch date
27/01/2022
Circulating supply
14,83,39,298
Market cap at circulating supply
$38.49M

About Ronin Network (RON)

The Ronin Network is an Ethereum sidechain launched in February 2021 by Sky Mavis — the developers of the hit GameFi title Axie Infinity. An Ethereum fork, the network facilitates the fast, cheap transactions required for play-to-earn gaming. Ronin was originally a proof-of-authority network, with validators selected from influential participants in the blockchain game and NFT niches. With the early 2022 launch of its native token, RON, the network will transition to a delegated proof-of-stake model. In addition to powering its consensus mechanism and usage as a medium of exchange, RON will serve as the network's governance token. The token's initial distribution was via Ronin Network's flagship decentralized exchange, Katana. Starting with RON/ETH, those providing liquidity to Katana pools related to Axie Infinity assets will receive RON. Additional RON is distributed via staking rewards to validators and those delegating tokens to them.
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