RONIN Token Surges 17.66% as Perpetual Listing, Security Upgrades, and Bullish Signals Drive Momentum

RONINUSDT has experienced a notable 17.66% price increase over the last 24 hours, rising from 0.436 to 0.513 USDT. This surge is attributed to several factors, including Binance's recent listing of RONIN perpetual contracts, which has driven increased trading activity and attracted large purchases from notable participants. On-chain data also shows higher transaction fees and trading volume, suggesting heightened market engagement. Additionally, technical indicators such as a short-term moving average above the long-term moving average and an RSI near 68 point to strong bullish momentum. Recent security upgrades, including the migration of the Ronin Bridge to Chainlink's CCIP, and the introduction of new trading pairs and ecosystem developments, have further supported positive sentiment and market activity.

Currently, RONINUSDT is trading at 0.513 USDT with a 24-hour trading volume of approximately $5.76 million, reflecting strong upward momentum and increased market participation.