Crypto Gloom

Ronin Network hits an all-time high as it hosts a free ‘Kaidro’ NFT Mint on the Ethereum gaming network.

In this article, we take a look at the recent performance of the Ronin Network, a blockchain platform geared toward Ethereum-based gaming. The network has seen significant gains, with token prices hitting record highs thanks to the launch of innovative gaming experiences and NFT integrations.

ronin
Source: Ronin

record price surge

The Ronin network has seen an impressive rise in market value, with the RON token peaking at $4.45. This new milestone surpasses the previous all-time high of $4.29 set in January 2022. Despite the slight decline, the current price remains strong at $4.31, marking a 12% increase on the day and a significant 53% increase over the past week.

This surge marks Ronin’s comeback story after a difficult period in which his flagship game, Axie Infinity, lost momentum and suffered a serious security breach.


Revival through games and NFTs

Ronin’s resurgence in market performance can be attributed in part to the growing popularity of Pixels, a new social farming game that leverages NFTs and PIXEL tokens. Pixels has been contributing to the revitalization of the network with a steady increase in daily active users since its launch in February.

Additionally, Ronin continues to expand its ecosystem by attracting more developers and game titles. Among the new additions is Kaidro, a role-playing game announcing a unique NFT minting event that will give players free in-game assets.


exchange comparison

Impact of free ‘Khairo’ NFT Mint

Starting Wednesday, RON wallet holders will have the opportunity to mint a free “box” NFT within 24 hours. This event is expected to attract significant attention, further boosting the network’s activity and user engagement.