The Ronin (RON) network has emerged as the leader in a key blockchain activity metric.
The Ronin (RON) network has emerged as the leader in a key blockchain activity metric, driven by significant milestones within its gaming-focused ecosystem throughout 2024. On July 29, Token Terminal reported that Ronin recorded a DAU count of two million, outpacing other active blockchains such as Tron and Solana. Tron followed with 1.8 million active users, while Solana had 1.2 million users within the same 24-hour period.
Ronin's ecosystem has been expanding rapidly, as highlighted in its mid-year review published on July 23. The growth in the first half of 2024 has been attributed to several key factors. Notably, a surge in volume on its non-fungible token (NFT) marketplace, Mavis Market, and the listing of the Ronin (RON) token on Binance provided users with a gateway into what the Ronin team describes as "gamers country."
The team reported that there are now 12 million RON holders and over three million downloads of the Ronin Wallet. The network boasts 15 playable games, with more in development, contributing to its robust user engagement.
One significant development was the migration of Pixels, one of the largest Web3 games by user count, to the Ronin network in February 2024. By June, the game’s monthly active users had peaked at 1.7 million. Over the past year, players spent more than 15 million PIXEL tokens on VIP coupons within the game, underscoring the active participation within the ecosystem.
In addition to its gaming advancements, the Ronin network has also enhanced its technological infrastructure. On June 18, Ronin announced plans to introduce Ronin zkEVM, a zero-knowledge (ZK) Ethereum Virtual Machine (EVM) layer-2 chain utilizing a modified version of the Polygon Chain Development Kit (CDK).
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