Ronin (RON) is the native gas and utility token of the Ronin blockchain, a gaming‑focused EVM chain created by Sky Mavis, best known for Axie Infinity.
RON is currently trading around $0.095–$0.11 USD (৳8.6–৳10 BDT) with a modest market cap (~$70M), far below its all‑time highs, showing a prolonged downtrend.
Recent price action has been bearish on technicals, with moving averages and momentum indicators pointing lower amid broader gaming sector pessimism.
RON prices can spike on ecosystem news—including new game launches, network upgrades, and creator programs—but downside risk remains high.
Strategic shifts like migrating to an Ethereum Layer‑2 and liquidity incentives aim to bolster activity, though execution and adoption risks persist.
Overall, RON reflects highly speculative Web3 gaming sentiment; traders watch on‑chain user metrics and ecosystem updates for direction.
@Ronin Network $RONIN #RoninCoin #ronin