Ronin (RON) is an EVM-compatible blockchain specifically designed to support play-to-earn games, with Axie Infinity being its flagship project. Developed to deliver fast and low-cost transactions, Ronin aims to provide an efficient platform for games requiring frequent transaction confirmations. The blockchain features tools like RoninBridge, which allows users to transfer Axie assets back to the Ethereum mainnet, and a native wallet that simplifies onboarding for new users. Ronin’s long-term vision is to become a leading NFT scaling solution for gaming, with plans to decentralize further by opening its validator application process to the broader community.

Ronin operates on a proof-of-authority (PoA) consensus mechanism, where validators are selected based on their reputation and reliability. These validators are responsible for authoring and validating blocks, updating price oracles, and approving asset transfers between Ronin and the Ethereum mainnet via RoninBridge. Validators also manage the addition and removal of other validators, contributing to the blockchain's governance. Ronin offers rapid transaction confirmations, typically within 2-3 seconds, making it well-suited for high-frequency gaming transactions. The RoninBridge enables seamless asset movement between the Ronin network and Ethereum, providing flexibility for users.

Ronin’s primary use case is to serve as an optimized platform for play-to-earn games, with Axie Infinity as a prime example. Its fast and affordable transactions are ideal for games that require frequent, low-cost interactions. Ronin’s bridge allows players to transfer in-game earnings and NFTs back to the Ethereum mainnet, enabling them to monetize their gameplay. The blockchain also supports fiat on-ramps and offers a native wallet to simplify the user experience, lowering barriers for new players. Beyond Axie Infinity, Ronin aims to attract other game developers and NFT projects, positioning itself as a hub for blockchain-based gaming ecosystems.

Ronin was created by Sky Mavis, a technology-focused game studio co-founded by Jeffrey Zirlin and Alexander Leonard Larsen. Since its launch, Ronin has seen rapid growth, boasting over 250,000 unique daily active addresses and handling more than $5 billion in total value locked (TVL) within its first nine months. The network has also facilitated millions of NFT transactions and achieved over 2 million wallet downloads. Ronin’s native token, RON, was introduced through a liquidity pool on Katana, its native decentralized exchange (DEX). The total supply of RON is capped at 1 billion tokens, set to be fully distributed over a period of 294 months.

We update our Ronin to AUD currency in real-time. Get the live price of Ronin on Coinbase.

The current market cap of Ronin is A$829.96M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Ronin is A$7.06. This all-time high is highest price paid for Ronin since it was launched.

Over the last 24 hours, the trading volume of Ronin is A$12.49M.

Assets that have a similar market cap to Ronin include Decentraland, Axie Infinity, Helium, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Ronin is 619 million.

Ronin ranks 64 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Yes, Ronin is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Ronin guide.