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Home CRYPTO

Ronin RON Leads Crypto Gaming as it Creates New All Time Highs

by Sham
March 13, 2024
in CRYPTO, GAMING
Reading Time: 3 mins read
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  • Ronin, an Ethereum sidechain for blockchain gaming, has seen its RON token surge to a new all-time high amid growing excitement around its flagship game Pixels.
  • Pixels, a social farming game with its own PIXEL token, has grown its userbase since launching in February. This has helped drive demand for RON and activity on Ronin.
  • Ronin is onboarding more games like Kaidro, which is launching a free NFT drop. Broader growth in Ethereum and blockchain gaming has also boosted Ronin and related projects.

Ronin, an Ethereum sidechain optimized for blockchain gaming, has seen its native token RON surge to a new all-time high. This comes amid growing excitement around one of its flagship games, Pixels.

JUST IN: Gaming crypto Ronin $RON made a new all-time high, surpassing $1.32 billion in market cap pic.twitter.com/15iaZuDtmw

— BlockNews.com (@blocknewsdotcom) March 13, 2024

Ronin Token Hits New Peak

The RON token spiked to $4.45 on Wednesday, beating its previous record of $4.29 from January 2022. RON has climbed over 50% in the last week alone, fueled by the rise of Pixels and its PIXEL token.

Pixels Drives Ronin Growth

Pixels, a social farming game built around NFTs, launched its PIXEL token in February after several successful airdrop campaigns. The game has grown its daily active users since then, helping drive demand for RON and activity on Ronin.

Kaidro Brings New NFT Drop

In addition to Pixels and Axie Infinity, Ronin is onboarding more games. One new title, Kaidro, will begin a free NFT drop on Wednesday. Each Ronin wallet can claim one crate during a 24-hour period.

Broader Ethereum Game Growth

The growth of Ronin and Pixels comes amid a resurgence in Ethereum and blockchain gaming. Tokens for related projects like Axie Infinity have also risen substantially in recent weeks.

Conclusion

With the help of Pixels and other titles, Ronin seems to have rebounded from its 2022 woes. The Ethereum sidechain is attracting fresh game development, users, and investment interest. If these trends continue, RON may rise to even greater heights.

Tags: Axie InfinityPIXEL tokenPixelsronRonin
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