Ronin Network Hits New All-time High as Ethereum Gaming Network Hosts Free ‘Kaidro’ NFT Mint
In this article, we delve into the recent achievements of the Ronin network, a blockchain platform tailored for Ethereum-based gaming. This network has seen a significant upswing, reaching a new all-time high in its token price, fueled by the launch of innovative gaming experiences and NFT integrations.
Source: Ronin
Record-Breaking Price Surge
The Ronin network has witnessed an impressive climb in its market value, with the RON token peaking at $4.45. This new milestone surpasses its previous all-time high of $4.29 set in January 2022. Despite a slight dip, the current price stands strong at $4.31, marking a 12% increase on the day and a substantial 53% rise over the last week.
This surge is a comeback story for Ronin, following a challenging period marked by the loss of momentum in its flagship game Axie Infinity and a significant security breach.
Revival Through Gaming and NFTs
The resurgence in Ronin’s market performance is partly attributed to the growing popularity of Pixels, a new social farming game leveraging NFTs and the PIXEL token. Since its launch in February, Pixels has seen a steady increase in daily active users, contributing to the network’s revitalization.
Additionally, Ronin continues to attract more developers and game titles, expanding its ecosystem. Among the new additions is Kaidro, a role-playing game announcing a unique NFT minting event offering free in-game assets to players.
Impact of Free ‘Kaidro’ NFT Mint
Starting Wednesday, RON wallet holders will have the opportunity to mint a free “crate” NFT within a 24-hour window. This event is anticipated to draw significant attention, further bolstering the network’s activity and user engagement.
Moreover, the PIXEL token and Axie Infinity’s AXS governance token have both recorded notable gains this week, highlighting the broader positive trend within the Ronin gaming ecosystem.
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Conclusion: A Bright Horizon for Ronin
The Ronin network’s recent achievements signify a promising trajectory for the Ethereum gaming platform. With innovative games and a strengthening community, Ronin is poised for further growth and success in the blockchain gaming domain.
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