RON

Ronin Network price

RON
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$0.33

-$0.0014 (-0.42%)

24H
  • 1H
  • 24H
  • 1W
  • 1M
  • 1Y
  • ALL
ALL
1Y
1M
1W
24H
1H
Market cap
$49.22M
Volume (24h)
$339,247
Circulating supply
148,339,298

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Price
Change
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RON/USDT
₮0.33$0.33
-0.43%
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Overview
Analysis

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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Ronin Network price statistic

Price today
Ronin Network price
$0.33
Price change (24h)
-$0.0014
-0.42%
Low and high (24h)
$0.3234Low
$0.3396High
Volume (24h)
$339,247
Circulating supply
148,339,298
Market cap
$49.22M

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