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Gaming blockchain Ronin records 2M daily active users: Token Terminal

News Feed - 2024-07-29 08:07:30

Ezra Reguerra12 hours agoGaming blockchain Ronin records 2M daily active users: Token TerminalRonin blockchain surpasses every other blockchain in daily active users, recording a two million DAU count on July 29.2278 Total views8 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe Ronin network surpassed other blockchains in daily active users (DAU) as its gaming-dedicated ecosystem reached several milestones in 2024. 


On July 29, the onchain data platform Token Terminal showed that the Ronin network recorded a two million DAU count, surpassing other active blockchains like Tron (TRX) and Solana (SOL). Tron was in the second spot with 1.8 million active users, while Solana had 1.2 million users in the last 24 hours.Daily active users chart for blockchain networks. Source:Token Terminal


According to Token Terminal, its daily active users’ chart represents the number of distinct addresses interacting with business-relevant contracts. The data includes users transacting and engaging within the network.


Related:Sky Mavis recovers $5.7M from Ronin Bridge hackRonin’s ecosystem continues to expand


In its mid-year review published on July 23, the Ronin team highlighted factors that may have influenced the increase in active users.


According to Ronin, its growth in the first half of 2024 was partly driven by a surge in volume for its non-fungible token (NFT) marketplace called Mavis Market and the listing of the Ronin (RON) token on Binance. The Ronin team believes this gave users a “portal” into its “gamers country.”


The team also reported 12 million RON holders and over three million downloads for its Ronin Wallet. The network also highlighted that its ecosystem now has 15 playable games and noted that more games are being developed.Pixels migration and zkEVM plans


Pixels, one of the largest Web3 games by user count, also migrated to Ronin in February 2024. The network reported that the game’s monthly active users peaked at 1.7 million in June. According to Ronin, players spent over 15 million in Pixels (PIXEL) tokens for the game’s VIP coupons in the last 12 months.


Apart from gaming, the Ronin network also enhanced its technology stack. On June 18, revealed its plans to introduce Ronin zkEVM, a zero-knowledge (ZK) Ethereum Virtual Machine (EVM) layer-2 chain with a modified version of the Polygon Chain Development Kit (CDK).


According to Sky Mavis, the team behind Ronin, this will “further decentralize Ronin” using ZK-proof layer-2 rollups. The team also believes that it would prepare the network to handle billions in transactions in the future.


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