Ronin Network in Focus: Price Stability and Accumulation Signals
$RONIN

The RON token powers the Ronin blockchain, built specifically for Web3 gaming ecosystems like Axie Infinity. Its key roles include covering transaction fees and securing the network through staking and validator delegation.

📊 Key Metrics

Current Price: ~$0.5265 USD
Market Cap: ~$364.99M USD
24h Volume: ~$4.14M USD
Circulating Supply: ~693M RON out of 1B max
All-Time High: ~$4.50 USD (March 2024)
All-Time Low: ~$0.1976 USD (November 2022)

📈 Recent Price Action

The token has shown stability between $0.50–$0.53, with modest spikes in trading volume.
The RSI is in a neutral zone, suggesting balanced momentum.
The MACD remains indecisive, pointing toward sideways consolidation.

Short-Term Outlook

A breakout above $0.54 USD could drive RON toward $0.58–$0.62 resistance zones.
If a pullback occurs, the key support lies around $0.50 USD, showing signs of institutional accumulation.

🎮 Narrative & Ecosystem Potential

Ronin is a highly efficient, EVM-compatible chain tailored for gaming. It boasts:

Over 2M wallet downloads
More than $4B in NFT volume
A top-performing DEX (Katana) with strong weekly engagement

The RON token could see upside through:

New game launches on Ronin
Expanded DeFi integrations
Incentive campaigns for staking and liquidity