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Why Ronin Was Crowned Best Ecosystem in 2024

Discover how Ronin expanded in 2024 with increased user engagement, new partnerships, and successful game and token launches. Explore what's next for Ronin in 2025.

Eliza Crichton-Stuart author picture}

Eliza Crichton-Stuart

Head of Operations

Ronin Year-in-Review: A Look at 2024's Growth

As 2025 begins, the Ronin blockchain prepares for a big year ahead. The groundwork laid throughout 2024 has set the stage for a significant evolution with the highly anticipated Ronin Opening. In this Year-in-Review, we’ll explore key milestones, game-changing partnerships, and the exciting road ahead for the Ronin ecosystem.

Crowned Best Ecosystem in 2024

The growth of Ronin in 2024 has been marked by significant milestones. As of December 2024, Ronin experienced a notable 10x increase in daily active addresses (DAA), peaking at 2.27 million. This rapid growth highlights the increasing popularity of the blockchain, driven by a diverse range of users. Additionally, NFT volumes surged by 134% compared to the previous year, reaching $71 million USD, largely due to the launch of new collections on Mavis Market. The number of RON holders increased from 3 million to over 18 million, a six-fold increase attributed to key campaigns such as the Ronin x Coinbase Learn campaign, which brought hundreds of thousands of new users to the platform.

Ronin Year-in-Review: A Look at 2024's Growth

The Ronin Effect 

Despite being a web3 gaming-focused chain, Ronin captured over 1.04% of mindshare by the end of 2024. This statistic, as tracked by Kaito, reflects the increasing adoption of Ronin, further solidifying its position as a leading blockchain for decentralized applications (dApps) and web3 gaming.

Notable successes in the Ronin ecosystem include 17 new games launched in 2024, as well as a fivefold increase in the number of NFT collections available. The platform also secured a strong ranking in the Dune Index, consistently maintaining a position as a top blockchain by transaction fees, number of transactions, and USD transfer volume. This remarkable growth led the blockchain to be crowned "Best Ecosystem" at our GAM3 Awards.

Ronin Wins Best Ecosystem at Our GAM3 Awards 2024

"Best Ecosystem" at Our GAM3 Awards

Major Growth and Milestones 

The expansion of the Ronin ecosystem was one of the defining themes of 2024. The year saw the arrival of several high-profile games and partnerships, with many projects experiencing significant growth after migrating to Ronin. The success stories are numerous, such as Forgotten Runiverse, which saw a 15x increase in unique wallets post-migration, and Pixels, whose daily active users (DAU) peaked at over 1.3 million.

Several major gaming projects launched on Ronin, including Lumiterra, whose NFT collection generated over $1.65 million USD in volume, and Fableborne, which won "Best Mobile Game" at our GAM3 Awards. The introduction of Ragnarok games, such as Monster World and Landverse, added further appeal, with Monster World processing over 1.5 million RON in trading volume.

Ronin Year-in-Review: A Look at 2024's Growth

Key Stats From Ronin's Year-in-Review

In June, Ronin Forge was introduced to support web3 game studios. This early access program offered grants, support, and direct connections to the Ronin community. Among the successes of Ronin Forge games is Cambria, which saw over 300,000 RON in trading volume for its NFT collection within the first week and a twofold increase in active wallets.

2024 also marked the launch of successful token sales, including the $PIXEL token, which achieved a market cap of $695 million USD, and Apeiron’s public sale, where over $74 million USD was staked. These successful launches underscore the growing confidence in Ronin as a platform for token and NFT projects.

Ronin Year-in-Review: A Look at 2024's Growth

Ronin Ecosystem Snapshot

Plans for 2025 

Looking ahead to 2025, Ronin is positioned to expand beyond gaming. Already, key alliances have been formed with notable industry leaders such as Binance, Coinbase, and Chainlink. With the integration of Chainlink CCIP (Cross-Chain Interoperability Protocol), Ronin will soon offer the highest standard of bridge security, enabling connections with Ethereum, Base, and other chains. This integration signifies the increasing sophistication and security of the Ronin ecosystem, paving the way for more diverse decentralized applications (dApps) beyond gaming.

Ronin’s Opening is poised to be a game-changing event. As the blockchain becomes permissionless, it will allow developers from all over the world to build on Ronin, broadening its use cases and user base. The Ronin Waypoint, a seedless wallet powered by secure MPC technology, further facilitates seamless onboarding for new web3 users, making it easier than ever to participate in the Ronin ecosystem.

The year 2025 will also see the launch of Forkast, the first consumer dApp on Ronin, which will offer users new opportunities to earn rewards. Additionally, the Ronin Wallet will introduce a bounty feature, enabling users to earn rewards by completing quests, signaling the beginning of a new phase for Ronin’s ecosystem.

Ronin Year-in-Review: A Look at 2024's Growth

2025 Roadmap

Final Thoughts

2024 was a year of steady growth and foundational building for Ronin. Key gaming titles saw impressive success, and significant token launches bolstered the platform’s reputation. The partnerships formed throughout the year, including those with major players like Chainlink, Binance, and Coinbase, have set Ronin up for a landmark 2025.

As Ronin prepares for its opening, the potential for expansion into other sectors, such as DeFi, consumer applications, and AI, is becoming increasingly clear. The future holds exciting possibilities, and the coming year promises to be a pivotal one for the Ronin ecosystem. With the stage set for a new era, the journey from web3 gaming hub to a broader decentralized platform is well underway.


Educational

updated:

January 7th 2025

posted:

January 7th 2025

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