CDS Crypto News Ronin Network Surges Past Major Chains with Two Million Daily Active Users
Crypto News

Ronin Network Surges Past Major Chains with Two Million Daily Active Users

97
Ronin Network Surges Past Major Chains with Two Million Daily Active Users

Ronin Network Surpasses 2 Million Daily Active Users, Outshining Major Chains

Ronin network, a blockchain primarily focused on gaming, achieved a significant milestone by surpassing two million daily active users (DAU). This impressive number propelled Ronin to the top of the charts for daily active users, outpacing other prominent networks such as Tron, which had 1.8 million DAU, and Solana, with 1.2 million DAU.

Factors Behind Ronin’s DAU Surge

In a detailed statement to Cointelegraph, Jeffrey Zirlin, co-founder of Sky Mavis—the team behind the Ronin network—shed light on the factors contributing to this surge in activity. Zirlin highlighted that the growth was driven by a combination of popular games on the Ronin blockchain and strategic community building efforts.

Gaming Blockchain with a Strong Community

Zirlin emphasized that Ronin’s success is attributed to its strong, dedicated community, which has been cultivated over the past six years. He pointed out that this “hardcore community” was built around the highly popular play-to-earn (P2E) game, Axie Infinity (AXS), which has significantly contributed to the network’s growth.

The recent increase in DAU can be attributed to several key developments:

  • Popular Games: Ronin-based games such as the player-versus-player (PVP) game Wildforest and the open-world survival crafting game Lumiterra have seen a spike in user engagement.
  • Pixels Game: The farming simulator game Pixels also played a crucial role in the DAU increase, thanks to its recent Chapter 2 update. Zirlin reported that Pixels’ DAU surged from 4,000 to 800,000 after transitioning from Polygon to Ronin in October 2023.
  • Axie Infinity Revival: Zirlin noted a resurgence in interest for Axie Infinity, with active addresses rising from 12,000 in April to 60,000 in July.

Strategic Focus on User Onboarding

According to Zirlin, Ronin’s approach differs from other blockchains that often focus on “esoteric aspects” of technology. Instead, Ronin emphasizes user acquisition and product launches. The strategy has been to attract gamers and convert them into Web3 users and advocates. Zirlin explained:

This has created a gaming-centric ecosystem where 50% of all Ronin users are completely new to Web3 technology, and 80% were onboarded by a friend or family member.

Looking Ahead

Zirlin expressed that the Ronin team is committed to maintaining and expanding this momentum. Their goal is to continue being a leading force in onboarding everyday users to Web3, aiming to solidify their position as the premier network for new blockchain adopters.

The Ronin network’s rapid growth and strategic focus on user engagement highlight its role as a key player in the Web3 gaming space, setting a new benchmark for blockchain-based gaming networks.

FAQ: Ronin Network Surges Past Major Chains with Two Million Daily Active Users

What milestone did the Ronin network achieve on July 29?

On July 29, the Ronin network reached a significant milestone by surpassing two million daily active users (DAU), placing it at the top of the charts for daily active users and surpassing other prominent networks like Tron and Solana.

What factors contributed to the surge in Ronin’s daily active users?

The surge in Ronin’s daily active users is attributed to several factors, including the popularity of Ronin-based games like Wildforest and Lumiterra, the significant increase in DAU for the Pixels game following its transition to Ronin, and a resurgence of interest in the play-to-earn game Axie Infinity.

For more up-to-date crypto news, you can follow Crypto Data Space.

Ronin Network Surges Past Major Chains with Two Million Daily Active Users

Leave a comment

Leave a Reply

Related Articles

Dogecoin Price Surge: How Elon Musk’s X Platform Could Drive the Next Bull Run

Dogecoin's price surged by 4% to $0.40 following Elon Musk's teaser about...

Scott Bessent: Trump’s Pick to Lead U.S. Treasury and Boost Crypto

Scott Bessent's nomination as Treasury Secretary could shape U.S. crypto policy. Learn...

XRP Price Surge: What Gary Gensler’s Resignation Means for Ripple and Crypto

XRP's price surged 20%, reaching its highest point since May 2021, following...

Coinbase Sponsors LA Clippers: A New Era for Crypto in Sports

Coinbase partners with LA Clippers for a multi-year crypto sponsorship, offering exclusive...