Gaming blockchain platform Ronin (RON) experienced an impressive surge in active addresses in November, according to market intelligence firm Nansen. The Ethereum sidechain dedicated to gaming saw a massive increase of 368% in active addresses, reaching 464,000 in total. This significant growth rate outperformed all other chains, marking Ronin’s rising popularity.
Launched in 2021 by Sky Mavis, the company behind the decentralized gaming protocol Axie Infinity (AXS), Ronin aims to provide a scaling solution for accommodating millions of daily users. The native token of the project, RON, is currently valued at $1.65 and has experienced a remarkable growth of approximately 230% since the beginning of November when it was priced at $0.50.
In an effort to make wallet funding more convenient for users, Ronin recently integrated with Binance Pay. By collaborating with Binance Pay, Ronin enables traders to easily access their funds on Binance and utilize them outside of the crypto exchange. This integration offers a seamless onboarding process for new users and further enhances the usability of the Ronin platform.
With the surge in daily active users for Axie Classic and the increasing popularity of Pixels, Ronin is seizing the opportunity to expand its user base. By introducing the integration with Binance Pay, Ronin aims to make it easier than ever for individuals, including family and friends, to fund their first Ronin wallet.
The impressive growth of Ronin’s active addresses reflects the platform’s recognition and adoption within the gaming community. As the platform continues to evolve and attract more users, it is positioned to become a leading player in the gaming blockchain space.