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Ronin (RON) bags a 500% gain as the gaming-focused project approaches a major upgrade

Published 04/11/2023, 01:30 PM
Updated 04/11/2023, 03:20 PM
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Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity.

The gaming-focused layer-2 Ethereum blockchain will change its current Proof-of-Authority to the DPoS consensus mechanism on April 12.

RON price and volume. Source: Nansen
Axie Infinity UAW, trading volume, and transactions. Source: DappRadar

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