Discover how Sky Mavis' Ronin blockchain has surged to 1.2 million daily active unique wallets, powering a diverse array of web3 games and NFT releases.
Eliza Crichton-Stuart
Head of Operations
In the dynamic realm of blockchain gaming, Ronin Network emerges as a game-changer, providing an innovative solution to longstanding challenges in the crypto gaming space. Developed by Sky Mavis, Ronin is a blockchain designed to enhance the gaming experience, tackling issues such as high gas fees and sluggish transaction speeds on Ethereum.
In this article we dive into the essence of Ronin Network, its impact on web3 gaming, and how it’s shaping the future of digital entertainment. We will cover key milestones so far in 2024, and examine the factors powering such exposing growth, including Ronin's diverse array of web3 games and recent NFT releases.
Sky Mavis' Ronin network has reached a big milestone, boasting a record-breaking 1.2 million daily active unique wallets (DAUWs) so far in 2024. This surge in activity marks a significant leap forward for the platform, surpassing its previous peak of 1.1 million DAUWs observed during the Axie Infinity craze in November 2021.
According to the latest data from Nansen, the notable difference this time around is the sustained level of engagement across multiple games hosted on the Ronin blockchain. Leading the charge is Pixels, which recently achieved its own all-time high of 619,000 DAUWs on March 19th. Joining the ranks are titles like Apeiron, with approximately 50,000 DAUWs attributed to its token event, and Axie Infinity: Origins, maintaining a steady level of 15,000 DAUWs.
The surge in Ronin's activity can be attributed to various factors contributing to the platform's ecosystem growth. Staking and liquidity rewards, coupled with the introduction of new NFT releases, such as those from Kaidro, have further fueled user engagement. Additionally, the early access launches of games like Axie: Homeland and Axie Champions have added to the platform's allure.
The meteoric rise of Ronin is further underscored by the success of its native token, RON getting listed on Binance, which caused the token to reach an all-time high of $4.45 on March 13th. This surge in token value serves as a testament to Ronin's growing influence within the blockchain gaming landscape.
Ronin Network's emergence as a game-changer in the dynamic realm of web3 gaming can be attributed to its innovative solutions addressing longstanding challenges in the blockchain gaming space.
The platform's commitment to efficiency is further evidenced by its capability to process 100,000 transactions per second and its recent transition to Delegated Proof of Stake (DPoS). This shift from Proof of Authority (PoA) to DPoS not only enhances decentralization but also ensures both speed and security, essential for a seamless gaming experience.
In a bold assertion during its 2023 recap, Ronin proudly declared itself as "the fastest-growing gaming blockchain in the world." If you're a gamer looking to dive into the world of web3 games on Ronin, here's a list of some of the best titles you shouldn't miss:
Sky Mavis' journey with Ronin has been marked by significant milestones, with the platform evolving beyond its initial association with Axie Infinity. The expansion of Ronin's network to incorporate games developed by third-party developers has further diversified its gaming landscape.
Notable collaborations include partnerships with developers like Directive Games, Bali Games, and Tribes Studio, resulting in the introduction of exciting new titles such as The Machines Arena, Axie Champions, and Tribesters: Island of Solas.
Looking ahead, Ronin's continued ascent in the competitive blockchain gaming market remains a force to be reckoned with. With more game launches on the horizon and a robust ecosystem supporting its growth, Ronin is poised to surpass its previous peak and solidify its position as a leading player in the web3 gaming space.
updated:
March 21st 2024
posted:
March 21st 2024