#RoninNetwork Announces $4.6M $RON Token #Buyback Program


$RON prices initially surged 11% to $0.54 following the buyback announcement before settling at $0.51. The token remains down more than 88% from its March 2024 all-time high of $4.45 despite recent buying interest.


Third-party market makers will execute transactions over one month, with all activity occurring on-chain within the Ronin ecosystem. The treasury will collect fees from these transactions while maintaining its commitment against selling acquired $RON tokens.


The gaming-focused blockchain accumulated treasury assets through Katana DEX fees, Ronin Market commissions, and Ronin Name Service charges. The diversified revenue streams built substantial reserves over several operational years.


Ronin announced its return to #Ethereum as a layer-2 network in August, reversing its 2021 separation from the mainnet. The network originally departed to provide enhanced speeds and reduced fees for Axie Infinity and related NFT applications.


The Ronin Network will repurchase over $4 million worth of $RON tokens starting Sept. 29, converting all treasury $ETH and $USDC holdings. Current treasury assets total approximately $5.5 million, including 896 Wrapped $ETH valued at $3.9 million.

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September 22, 2025 at 1:11 PM