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Ronin Network Reports Growth with $1.2B TVL, 10.2M Weekly Transactions, and $395K Daily NFT Volume

Ronin Network has reported significant growth in its ecosystem, showcasing strong network effects and increasing institutional interest
By: DeepNewz • November 28, 2024
Ronin Network Reports Growth with $1.2B TVL, 10.2M Weekly Transactions, and $395K Daily NFT Volume

Ronin Network has reported significant growth in its ecosystem, showcasing strong network effects and increasing institutional interest. Key metrics include 1,360,901 daily active on-chain addresses, 3,817,917 monthly active addresses, a total value locked (TVL) of $1.2 billion, and 10.2 million weekly transactions.

Additionally, the network's treasury balance stands at $5.2 million, and daily NFT trading volume has reached $395,000. The recent migration of Fableborne to Ronin highlights the network's scalability and potential for replicating the success of projects like Pixels.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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