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🤔 Ronin Set to Transition From Gaming Sidechain to $OP Stack-Based #Ethereum Layer 2 on May 12
Ronin will officially migrate from its standalone gaming sidechain into an #Ethereum Layer 2 network powered by the $OP Stack on May 12, marking the end of its independent sidechain era that began in 2021. The upgrade is expected to bring nearly 10 hours of downtime while also slashing $RONIN annual inflation from above 20% to under 1%.
Ronin previously suffered a massive $625 million bridge exploit in 2022 — one of the biggest cross-chain bridge hacks ever recorded in #DeFi . #hack
#cryptofactske
ethereum:native
Ronin will officially migrate from its standalone gaming sidechain into an #Ethereum Layer 2 network powered by the $OP Stack on May 12, marking the end of its independent sidechain era that began in 2021. The upgrade is expected to bring nearly 10 hours of downtime while also slashing $RONIN annual inflation from above 20% to under 1%.
Ronin previously suffered a massive $625 million bridge exploit in 2022 — one of the biggest cross-chain bridge hacks ever recorded in #DeFi . #hack
#cryptofactske
ethereum:native
#Bitcoin is holding firm at the trendline support while facing resistance around the $82,200–$82,700 zone. A successful breakout above this level could trigger a move toward $85,000. Market sentiment remains bullish, with momentum favoring further upside. #cryptofactske
bitcoin:native
bitcoin:native
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