RON

RoninRON

Rank #2732
Coin
On 31,629 watchlists

Ronin Price (RON)

$0.8395
5.43%

0.00003593 BTC3.38%

0.0005067 ETH4.05%

Low:$0.8313
High:$0.8767
24h
RON  Ronin RON
Price:
$0.8395
 5.43%
Market Cap
$124,536,593
0.00%
24h Volume / Market Cap
0.0127
Fully Diluted Market Cap
$839,538,776
5.43%
Volume
24h
$1,580,289
58.25%
CEX Vol
$302,694
DEX Vol
$1,277,595
Self Reported Circulating Supply
148,339,298 RON
Max Supply
1,000,000,000
Total Supply
1,000,000,000
Sponsored

Ronin to USD Chart

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RON to USD Converter

RON

Ronin

USD

United States Dollar

RON Price Statistics

Ronin Price Today
Ronin Price$0.8395
Price Change24h-$0.04821
5.43%
24h Low / 24h High
$0.8313 /
$0.8767
Trading Volume24h$1,580,289
58.25%
Volume / Market CapInfinity
Market Dominance0.00%
Market Rank#2732
Ronin Market Cap
Market Cap$124,536,593
Fully Diluted Market Cap$839,538,776
5.43%
Ronin Price Yesterday
Yesterday's Low / High
$0.8654 /
$0.9431
Yesterday's Open / Close
$0.8825 /
$0.866
Yesterday's Change

1.87%

Yesterday's Volume$3,002,921
Ronin Price History
7d Low / 7d High
$0.7557 /
$1.11
30d Low / 30d High
$0.2948 /
$1.11
90d Low / 90d High
$0.1976 /
$1.11
52 Week Low / 52 Week High
$0.1976 /
$3.34
All Time High
Jan 27, 2022 (a year ago)
$4.32

80.57%

All Time Low
Nov 21, 2022 (2 months ago)
$0.1976

324.81%

Ronin ROI
No Data
Ronin Supply
Circulating Supply148,339,298 RON
Total Supply1,000,000,000 RON
Max Supply1,000,000,000 RON

RON to USD Converter

RON

Ronin

USD

United States Dollar

RON Price Live Data

The live Ronin price today is $0.839539 USD with a 24-hour trading volume of $1,580,289 USD. We update our RON to USD price in real-time. Ronin is down 5.43% in the last 24 hours. The current CoinMarketCap ranking is #2732, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 RON coins.

If you would like to know where to buy Ronin at the current rate, the top cryptocurrency exchanges for trading in Ronin stock are currently OKX, CoinW, Gate.io, FTX, and CoinEx. You can find others listed on our crypto exchanges page.

What Is Ronin (RON)?

Ronin is an EVM-based blockchain for play-to-earn games. The most popular game built on Ronin is Axie Infinity, a digital collectibles game and one of the biggest play-to-earn games on the market. In its first month of operating on Ronin in July 2021, Axie experienced a 300% month-on-month increase in NFT trading volume, a 180% increase in monthly unique NFT traders, and a 131% increase in daily active battlers.

In its first nine months, Ronin has racked up 250,000 unique daily active addresses, $5 billion in TVL, over 2 million wallet downloads, and 15% of all NFT transactions on the market. Its DEX Katana is the second-most popular decentralized exchange by weekly active users and allows users to swap tokens within the Axie Infinity ecosystem.

Who Are the Founders of Ronin?

Ronin was founded by Sky Mavis, a technology-focused game studio launched by Jeffrey Zirlin and Alexander Leonard Larsen. Mr. Zirlin is a Yale graduate that has been building Sky Mavis for the past four years. Mr. Larsen has been in the blockchain space since 2017 and has co-founded Sky Mavis and Axie Infinity, as well as led several investment rounds at the company.

Sky Mavis has closed three investment rounds thus far for a total of $160 million, the latest being a Series B round for $152 million. The company closed the round with financing from FTX, aloz Crypto, Paradigm, and others. The funds will be used to fuel the development of Ronin and Axie Infinity.

What Makes Ronin Unique?

Ronin stands out thanks to several main benefits.

First, the blockchain offers cheap and fast transactions with a confirmation time of 2-3 seconds. This makes it well-suited to a game like Axie that requires a high frequency of transaction confirmations.

Second, users can withdraw Axie assets back to the Ethereum mainnet with its Ronin Bridge. That means players can benefit from the profits they earned playing the game and conveniently swap tokens to other cryptocurrencies.

Third, it offers simplified onboarding for new users with a fiat on-ramp and a native wallet, lowering the barriers to entry for new players and making it easy to get started even for cryptocurrency newbies.

Sky Mavis built Ronin to be the default NFT scaling solution for gaming. Ronin already handles more NFT volume than all Ethereum NFT scaling solutions combined, and 15% of all NFT volume in 2021 happened on Ronin. Its bridge is the third-largest bridge by total volume after Polygon and Avalanche and a top-five bridge on Ethereum by total value locked. Sky Mavis’ vision is for Ronin to become the premier location to launch Axie-related games and NFT games from other developers. To accomplish that, Ronin plans to further decentralize by opening up its validator application process in 2022.

In its first phase, at least ten validators outside of Sky Mavis will join the Ronin network, and at least three external teams will be building NFT games on top of it. The second phase will see 20 external validators and five external teams, as well as Ronin upgrading to delegated proof of stake. In its final phase, Ronin anticipates more than 100 validators in its network that receive fees from protocols and NFT sales outside the Axie universe.

Check out My Neighbor Alice (ALICE) — another play-to-earn game.

Check out Smooth Love Potion (SLP) — the in-game token of Axie Infinity.

Learn about what the Metaverse is.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many Ronin (RON) Coins Are There in Circulation?

RON was launched through a pool on its native Katana DEX and will be distributed through an incentivized liquidity program. Issuance will be reduced every quarter, and the total supply of RON is capped at 1 billion and will be reached 294 months after issuance begins.

RON is distributed as follows:

  • Community (30%): liquidity mining, content creation, rewards programs, grants, and hackathons.
  • Team (30%)
  • Ecosystem fund (15%): grants, investments, and hackathons bringing game-changing content, applications, and tooling to Ronin.
  • Staking rewards (25%)

How Is the Ronin Network Secured?

Ronin is an Ethereum-compatible sidechain utilizing a proof-of-authority (PoA) consensus mechanism. PoA is a reputation-based consensus mechanism with a fairly centralized nature, as validators are selected by the team based on their reputation. Binance, Ubisoft, and Animoca Brands are some of the validators on Ronin. They are responsible for authoring and validating blocks, updating price oracles, and approving deposits and transfers of assets to and from Ronin. Validators also control the addition and removal of other validators.

Where Can You Buy Ronin (RON)?

RON is available on OKX, FTX, Gate.io, and Jubi.

If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.

RON to USD Converter

RON

Ronin

USD

United States Dollar

RON Price Statistics

Ronin Price Today
Ronin Price$0.8395
Price Change24h-$0.04821
5.43%
24h Low / 24h High
$0.8313 /
$0.8767
Trading Volume24h$1,580,289
58.25%
Volume / Market CapInfinity
Market Dominance0.00%
Market Rank#2732
Ronin Market Cap
Market Cap$124,536,593
Fully Diluted Market Cap$839,538,776
5.43%
Ronin Price Yesterday
Yesterday's Low / High
$0.8654 /
$0.9431
Yesterday's Open / Close
$0.8825 /
$0.866
Yesterday's Change

1.87%

Yesterday's Volume$3,002,921
Ronin Price History
7d Low / 7d High
$0.7557 /
$1.11
30d Low / 30d High
$0.2948 /
$1.11
90d Low / 90d High
$0.1976 /
$1.11
52 Week Low / 52 Week High
$0.1976 /
$3.34
All Time High
Jan 27, 2022 (a year ago)
$4.32

80.57%

All Time Low
Nov 21, 2022 (2 months ago)
$0.1976

324.81%

Ronin ROI
No Data
Ronin Supply
Circulating Supply148,339,298 RON
Total Supply1,000,000,000 RON
Max Supply1,000,000,000 RON