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BlockNews
Home BREAKING NEWS

Ronin Network Leads in Daily Active Users Among Blockchain Platforms

Matoy by Matoy
July 29, 2024
in BREAKING NEWS, GAMING, NFT
Reading Time: 2 mins read
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  • Ronin network hits two million daily active users, leading other blockchains like Tron and Solana.
  • Growth driven by Mavis Market NFT volume and Ronin token listing on Binance.
  • Ronin network expands with 15 playable games and plans for zkEVM layer-2 chain implementation.

Ronin network recently emerged as the leading blockchain platform in terms of daily active users, surpassing established players such as Tron and Solana. Data from Token Terminal revealed that on July 29, Ronin’s daily active users reached a milestone of two million, indicating a robust engagement within its ecosystem.

Surge in User Engagement

This surge in daily active users is attributed to several strategic developments within the Ronin ecosystem. The first half of 2024 saw significant activities, including a spike in transactions on its NFT marketplace, Mavis Market, and the inclusion of the Ronin (RON) token on the cryptocurrency exchange Binance. These elements provided users with enhanced access to Ronin’s offerings, effectively boosting its user base.

Expanding Ecosystem and Technological Enhancements

Further bolstering its platform, Ronin has expanded its gaming portfolio to include 15 playable games, with more in development. This expansion is complemented by significant user engagement in popular titles like Pixels, which migrated to Ronin in February 2024. The game recorded 1.7 million monthly active users by June and saw substantial in-game transactions using PIXEL tokens.

In addition to its gaming achievements, Ronin has also focused on advancing its technological infrastructure. Announced in June, the Ronin zkEVM aims to enhance the network’s scalability and security using zero-knowledge proofs, setting the stage for handling increased transaction volumes and future growth. This strategic direction not only strengthens Ronin’s market position but also underscores its commitment to innovation and user satisfaction in the blockchain space.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Ronin
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Matoy

Matoy

If Matoy is not busy looking at the latest Web3 news, he's always in the kitchen cooking delicious meals for his family. He's also a competitive fighting game player and a car enthusiast

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