Ronin (RON) Price Prediction

By CMC AI
04 October 2025 09:39PM (UTC+0)

TLDR

Ronin’s price faces a tug-of-war between gaming growth and L2 execution risks.

  1. Layer-2 Migration – Transition to Ethereum L2 by 2026 could boost utility but risks technical delays.

  2. Gaming Adoption – Live games like Ragnarok Landverse drive RON demand, but competition intensifies.

  3. Supply Dynamics – Buybacks (1.3% of supply) and fee burns add deflationary pressure, yet liquidity remains thin.

Deep Dive

1. Layer-2 Migration (Mixed Impact)

Overview: Ronin plans to transition from a sidechain to an Ethereum-aligned L2 by Q2 2026 using Optimism’s OP Stack. The move aims to leverage Ethereum’s security and institutional traction while enabling faster transactions (1M+ TPS). Partnerships with Arbitrum and Uniswap (Proposal) could enhance DeFi integration.
What this means: Successful migration may attract developers and capital, but delays or failed validator votes (required for final approval) could reignite concerns from Ronin’s 2022 $600M hack. The token’s 88% drop from its 2024 peak reflects lingering skepticism.

2. Gaming Ecosystem Growth (Bullish Impact)

Overview: Active games on Ronin, including Axie Infinity and Ragnarok Landverse, generated $6–10M daily DEX volume in 2024. Recent migrations like Zeeverse and Pixel Heroes added 300K+ daily wallets. The treasury’s $600K prize pools and Lightning Grants aim to retain players.
What this means: Real usage (1.5M MAUs) supports RON’s utility as a gas token. However, Web3 gaming remains niche—failure to onboard AAA titles could cap upside.

3. Tokenomics Shifts (Bullish Impact)

Overview: The Cerastes upgrade (March 2025) burns 0.3% of RON supply annually via fees. A $4.6M buyback (Sept 2025) removes 1.3% of circulating tokens. Only 69% of the 1B max supply is in circulation.
What this means: Reduced sell pressure could lift prices, but RON’s 0.009 turnover ratio signals low liquidity—large holders may dominate price action.

Conclusion

Ronin’s price hinges on executing its L2 vision while maintaining gaming momentum. Deflationary mechanics and Ethereum alignment offer upside, but thin liquidity and validator governance pose risks. Watch for validator votes on the L2 roadmap and Q4 gaming activity metrics: can Ronin sustain 400K+ DAUs amid rivals like Immutable?

CMC AI can make mistakes. Not financial advice.