Ronin Network Surges: All-Time High Price and Free NFT Minting

ChainPlay

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one month ago

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The gaming-centric Ethereum scaling network, Ronin, has witnessed a significant surge in its RON token price, reaching a new all-time high. This spike follows recent hype surrounding the Pixels game and comes alongside an exciting announcement regarding a free NFT mint for another game on the Ronin network.

Ronin's Record-Breaking Performance

As of the latest data from CoinGecko, the RON token soared to $4.45 early Monday, marking a substantial increase. Despite a slight cooldown to $4.31, the token remains up by 12% for the day, with a remarkable seven-day gain of 53%. This surge surpasses Ronin's previous all-time high price set in January 2022.

The impressive surge in Ronin's price can be attributed to various factors, including the popularity of the Pixels game. Pixels, a social farming game revolving around NFTs and the PIXEL token, has contributed significantly to Ronin's recent success. Despite initial setbacks faced by flagship game Axie Infinity, Ronin has managed to thrive, attracting more developers and games to its network.

Expanding Ecosystem: Kaidro's Free NFT Mint

Among the new additions to the Ronin network is Kaidro, a role-playing adventure game that recently announced a free NFT mint event. Starting Wednesday, Ronin wallet holders will have the opportunity to mint one free "crate" during a 24-hour period, with the window opening at 9 pm ET. This initiative aims to engage the community and foster participation within the ecosystem.

In addition to the free NFT mint, participants will have the chance to claim a free in-game Kaidro character skin within Pixels. This integration between different games within the Ronin network not only enhances user experience but also provides incentives for engagement. The rise of PIXEL token by nearly 32% this week further underscores the growing excitement surrounding Ronin's ecosystem.

Final Thoughts

With its recent achievements and expanding ecosystem, Ronin demonstrates resilience and potential within the Ethereum gaming landscape. Despite past challenges, the network's strategic partnerships, developer support, and innovative offerings position it for continued growth and success in the future. As the gaming industry continues to embrace blockchain technology, Ronin remains a key player to watch.