CoinGecko data highlights the price of $RON hitting its all-time record at $4.41, surpassing its previous peak in 2022. The token experienced a notable 12% increase in a single day, leading to an impressive 53% growth over the past week.

With a market capitalization of $1.27 billion, a fully diluted valuation of $4.21 billion, and a daily trading volume of $59.83 million, $RON demonstrates remarkable growth spurred by top blockchain gaming initiatives — like Pixels. 

Promotional Strategies Boosting Ronin

Ronin’s valuation surge is fueled by the success of its premier game, Pixels, centered on NFTs and the $PIXEL token. Since its official February launch, $PIXEL and additional Play-to-Earn incentives have propelled the daily active user count to over 1.1 million, thus significantly expanding Ronin’s network user base. 

Furthermore, Pixel’s upcoming exclusive NFT minting event amplifies Ronin’s trading momentum. For 24 hours on a specified date, Ronin wallet holders can freely mint a ‘crate’ NFT without any asset limits. Additionally, NFT owners are entitled to claim a distinctive Kaidro character outfit that is usable within the blockchain game.

Aiming to expand NFT integration in gaming and fortify the Ronin network, these promotions enable wallet holders to mint at no cost, attracting and engaging a broader audience.

Engagements play a crucial role in boosting Ronin’s vitality and $RON’s market price, with these initiatives poised further to amplify the blockchain and token’s growth trajectory.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.