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Ronin Network's DAA Surges 93.43% in 26 Days Amid Runiverse Game Migration, Token Up 17%

Ronin Network has experienced significant growth, with its daily active addresses (DAA) increasing by 93% over 26 days.
By: DeepNewz • July 18, 2024
Ronin Network's DAA Surges 93.43% in 26 Days Amid Runiverse Game Migration, Token Up 17%

Ronin Network has experienced significant growth, with its daily active addresses (DAA) increasing by 93.43% over 26 days, making it the second most used blockchain.

This growth is attributed to several factors, including the migration of assets from the Runiverse Game to the Ronin Network. The migration involved Watcher's Rings, Quantum Gifts, and Runiverse Land, with a snapshot taken on July 17th at 4pm PST. The migration is expected to positively impact the prices of the migrated assets.

Additionally, Ronin's DAA has reached 1.54 million, Axie Infinity's DAA has reached 60,000, and Play Wild Forest's DAA has reached 25,100. Pixels also saw strong growth with a 232.8% increase since Chapter 2 was launched.

The migration has been well-received by the community, with many users canceling their bids in preparation for the transition. Ronin's token is up 17% this past week, and a closed beta for the migration is scheduled for July 31st.

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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