RONIN is rising, and it's up 3.65% in the last 24 hours, currently trading at $1.72 . This surge can be attributed to its growing adoption and support in the gaming community, particularly with its connection to Axie Infinity, a popular play-to-earn game .
*Key Factors Contributing to Ronin's Rise:*
- *Gaming Focus*: Ronin is specifically designed for on-chain gaming, offering fast and affordable transactions, making it an attractive platform for game developers .
- *Axie Infinity Connection*: As the blockchain behind Axie Infinity, Ronin benefits from the game's massive user base and revenue growth .
- *Growing Adoption*: Ronin has seen significant growth, with over 250,000 unique daily active addresses, $5 billion in total value locked (TVL), and over 2 million wallet downloads within its first nine months .
- *Strong Backing*: Ronin is backed by prominent investors, including Accel, a16z, Binance Labs, Animoca Brands, and Paradigm .
*Support and Availability:*
Ronin is available on various exchanges, including Katana DEX, OKX, and Coinbase . You can also store RON in the Ronin Wallet, which supports multiple chain networks, including Ronin network, ETH Mainnet, Polygon Mainnet, BNB Smart Chain, and Arbitrum One .
Comment if you want to know more about Ronin's potential or its position in the gaming industry? $RONIN
