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hodler

Coin info

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

Do you think the price will rise or fall?

Rise 40%

Fall 60%

Price perfomance

$0.00

0%

$∞

Range 24H

$∞

Depth of Market

Depth +2%

Depth -2%

depth chart

13 May 2026, 09:00
Ronin Completes Migration to Ethereum Layer 2, Slashes Token Issuance by 89%
BitcoinWorld Ronin Completes Migration to Ethereum Layer 2, Slashes Token Issuance by 89% Ronin (RON), the blockchain network originally built for the Axie Infinity ecosystem, has officially completed its migration to an Ethereum Layer 2 network, according to an announcement in the project’s official newsletter. The transition marks a significant technical shift for the gaming-focused chain, which previously operated as a sidechain to Ethereum. Token Issuance Cut by Nearly 90% As part of the migration, Ronin has drastically reduced the annual issuance of its native RON token from 45 million to just 5 million — an 89% reduction. The move is designed to address long-standing concerns about inflation and token supply management. Under the new model, future token issuance will be distributed directly to builders and developers through a mechanism called ‘Proof of Distribution,’ a reward system that ties token allocation to active development contributions rather than passive staking or validator rewards. Strategic Shift Toward Profitability Beyond the technical migration, Ronin’s team outlined plans to improve the network’s profitability. Key measures include increasing marketplace fees and optimizing transaction costs. The goal is to establish Ronin as a dedicated gaming chain within the broader Ethereum ecosystem, leveraging Layer 2 scalability to support high-throughput gaming applications without the high fees associated with the Ethereum mainnet. What This Means for the Gaming Blockchain Sector The migration positions Ronin alongside other gaming-focused Layer 2 solutions such as Immutable X and Polygon’s gaming subnet. By reducing token inflation and introducing a developer-centric reward model, Ronin aims to attract more game developers to build on its platform. The Proof of Distribution system is intended to ensure that token rewards flow to those actively building and maintaining the ecosystem, rather than to passive holders. Conclusion Ronin’s transition to an Ethereum Layer 2 network represents a major structural change for the blockchain, addressing both technical scalability and token economics. With a significantly reduced issuance rate and a new developer reward system, the project is betting on long-term sustainability over short-term incentives. For the broader crypto gaming industry, this move reinforces the trend toward specialized Layer 2 solutions designed to meet the unique demands of blockchain-based games. FAQs Q1: What is Ronin’s Proof of Distribution system? A: Proof of Distribution is a new reward mechanism that allocates newly issued RON tokens directly to builders and developers based on their contributions to the ecosystem, rather than through traditional staking or validator rewards. Q2: Why did Ronin reduce its token issuance so significantly? A: The reduction from 45 million to 5 million RON per year is intended to lower inflation, improve token scarcity, and align incentives with long-term ecosystem growth rather than short-term speculation. Q3: How does this migration affect existing Ronin users? A: Existing users should experience lower transaction fees and faster confirmation times due to the Layer 2 architecture. Token holders may also benefit from reduced dilution as a result of the lower issuance rate. This post Ronin Completes Migration to Ethereum Layer 2, Slashes Token Issuance by 89% first appeared on BitcoinWorld .
11 May 2026, 20:06
Ronin to suspend network for 10 hours during $625 million Layer 2 shift
🚨 Ronin will suspend its network for 10 hours on May 12 during the $625 million Layer 2 migration. All transfers, swaps, and in-game actions on $RON will pause during the planned upgrade. 🧑‍💻 Critical data: The upgrade slashes inflation below 1% and aims to strengthen security after past bridge attacks. Continue Reading: Ronin to suspend network for 10 hours during $625 million Layer 2 shift The post Ronin to suspend network for 10 hours during $625 million Layer 2 shift appeared first on COINTURK NEWS .
11 May 2026, 16:20
Ronin to transition to Ethereum layer 2 from gaming sidechain on May 12
The Ronin gaming blockchain, the framework behind popular crypto gaming franchise Axie Infinity, has announced plans to transition to an Ethereum Layer-2 network built on the OP stack (Optimism) via a hard fork on May 12. The transition will happen at block height 55,577,490 , with the migration expected to begin around 15:16 UTC on Tuesday May 12 bringing with it about 10 hours of network downtime. During the outage, all transfers, swaps, smart contract interactions, and on-chain gaming activity will be suspended. The network has urged users to wrap up any and all pending transactions before the migration process begins. 🛠️ Ronin L2 Migration – Scheduled Network Downtime As part of the upcoming Ronin L2 migration, the network will experience approximately 10 hours of scheduled downtime. During this downtime window, all network transactions [including transfers, swaps, and smart contract… pic.twitter.com/QvbRvZBqa7 — Ronin Shield (@ronin_shield) May 11, 2026 Why has Ronin given up its sidechain independence Ronin launched in 2021 because Ethereum’s scaling infrastructure couldn’t support the throughput the Axie Infinity gaming service demanded. Now, four years later, the entire landscape of Ethereum’s infrastructure has changed. Ethereum transaction costs have fallen, layer-2 tooling has developed to its most matured state, and the argument for an integration with the mainnet to further tighten the network’s security has only grown stronger. That security argument carries particular weight for Ronin. In March 2022, attackers linked to North Korea’s Lazarus Group compromised five of the network’s nine validators and drained approximately $625 million from the Ronin bridge, an exploit which still remains the largest cross-chain bridge exploit in DeFi history. The network then suffered a second, smaller attack in August 2024. By adopting the OP Stack and inheriting Ethereum’s mainnet security, the network aims to close the vulnerability gap that provided the platform for such exploits. The network also plans to use EigenDA for data availability , which should reduce scaling costs while maintaining high throughput. RON Tokenomics: inflation drops from 20% to under 1% The migration carries a significant restructuring of RON tokenomics. Annual inflation is expected to see a major drop from more than 20% to below 1%, a change Ronin described as “fundamentally bullish” for the token. This drop is expected to occur simply because 90 million RON tokens that were earmarked for staking rewards will be redirected into the Ronin Treasury instead. Marketplace fees will also reduce by more than double, going from 1.25% to 0.5%. Ronin is also replacing its staking model with what it calls a “Proof of Distribution” model. Rather than rewarding passive validators, the new system will allocate rewards based on actual contributions to the network, incentivizing developers and builders over token holders who only aim to lock funds on the network. What this means for RON RON is currently trading at around $0.11 with a market cap of roughly $89.5 million. The token has climbed about 30% over the past 30 days as investors continue to speculate price rises due to expected supply dynamic shifts post-migration. Ronin intends to join a very short list of networks, including Celo, that have moved from independent chain status to Ethereum layer-2 architecture. The trend reflects a broader consolidation around Ethereum’s security model, even as competition from alternative layer-1 networks like Solana continues to intensify in the short-term. The smartest crypto minds already read our newsletter. Want in? Join them .
11 May 2026, 15:14
Ronin returns to Ethereum as gaming chain cuts RON inflation by 95%
RON gained ahead of Ronin’s Ethereum migration as traders assessed the network’s major tokenomics overhaul and new Layer 2 infrastructure.
11 May 2026, 13:50
Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork
BitcoinWorld Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork Ronin (RON), the blockchain network originally built for the Axie Infinity ecosystem, will undergo a hard fork on May 12 to transition into an Ethereum Layer 2 network. The upgrade, first reported by CoinDesk, aims to bolster security, improve tokenomics, and enhance scalability following a major bridge exploit in 2022 that resulted in losses exceeding $600 million. Technical Transition and Security Enhancements By adopting the OP Stack — the development framework behind Optimism — Ronin will effectively become an Ethereum Layer 2 rollup. This shift allows the network to inherit Ethereum’s robust security model while benefiting from higher transaction throughput and lower fees. The move addresses long-standing concerns about the network’s security architecture, which was severely tested during the 2022 hack when attackers drained funds from the Ronin bridge. New Staking Reward Model Following the hard fork, Ronin will implement a revised staking reward system. Instead of the previous uniform distribution model, rewards will be allocated based on validator contributions to network security and transaction validation. This change is designed to incentivize active participation and strengthen the network’s overall reliability. Implications for RON Token Holders For current RON token holders, the transition means their tokens will continue to function within the new Layer 2 environment, though the staking mechanics will change. The network has stated that no action is required from users to prepare for the hard fork, but validators and node operators will need to update their software to remain compatible. Broader Context and Industry Significance The move reflects a broader trend among gaming and application-specific blockchains to adopt Ethereum’s Layer 2 infrastructure. By aligning with the OP Stack, Ronin joins a growing list of networks leveraging Optimism’s technology stack, which now includes Base (Coinbase) and several other chains. This consolidation around shared infrastructure could improve interoperability and liquidity across the Ethereum ecosystem. Ronin’s transition also signals a maturing approach to blockchain security post-exploit. The 2022 hack, one of the largest in crypto history, prompted extensive security audits and architectural reviews. The shift to Ethereum Layer 2 represents a fundamental redesign rather than incremental fixes, addressing root causes rather than symptoms. Conclusion The May 12 hard fork marks a pivotal moment for Ronin, transitioning from a standalone sidechain to a fully integrated Ethereum Layer 2. While the technical details are complex, the core benefit for users is clear: enhanced security backed by Ethereum’s proven infrastructure, alongside improved tokenomics designed to reward active network participation. The upgrade will be closely watched as a case study in post-exploit blockchain recovery and migration strategies. FAQs Q1: Will the hard fork affect my RON tokens? No. RON tokens will continue to function after the hard fork. However, staking rewards will be calculated differently under the new contribution-based model. Q2: Do I need to do anything to prepare for the hard fork? Most users do not need to take any action. Validators and node operators must update their software to remain compatible with the new network. Q3: Why is Ronin moving to Ethereum Layer 2? The primary reasons are improved security (by leveraging Ethereum’s consensus), better scalability, and a more sustainable tokenomics model. The 2022 bridge hack exposed vulnerabilities in the original sidechain architecture. This post Ronin Network to Transition to Ethereum Layer 2 via May Hard Fork first appeared on BitcoinWorld .
8 May 2026, 21:45
Bithumb to Halt Ronin (RON) Deposits and Withdrawals on May 11 for Network Upgrade
BitcoinWorld Bithumb to Halt Ronin (RON) Deposits and Withdrawals on May 11 for Network Upgrade South Korean cryptocurrency exchange Bithumb has announced a temporary suspension of deposits and withdrawals for Ronin (RON) tokens, effective May 11. The halt is scheduled to begin at 9:00 a.m. UTC to facilitate a planned network upgrade and migration from the existing Ronin blockchain to Ronin L2. Details of the Suspension According to the official announcement from Bithumb, the suspension will impact all RON-related transactions on the platform. The upgrade aims to transition the network from its current iteration to Ronin L2, a layer-2 scaling solution designed to improve transaction throughput and reduce costs. Users are advised to complete any pending RON deposits or withdrawals before the cutoff time to avoid potential delays. Implications for Users During the suspension period, RON trading on Bithumb may continue, but users will not be able to move tokens in or out of the exchange. This is a standard procedure for exchanges when supporting network upgrades, as it ensures the integrity of transactions during the migration process. The duration of the suspension has not been specified, but similar upgrades typically take several hours to a few days to complete. Why This Matters Ronin is a sidechain originally built for the Axie Infinity ecosystem, and its transition to a layer-2 network represents a significant technical advancement. For holders and traders on Bithumb, one of South Korea’s largest exchanges, this upgrade could enhance the long-term utility and scalability of the RON token. However, users should remain vigilant and monitor Bithumb’s official channels for updates on when services will resume. Conclusion Bithumb’s temporary suspension of RON deposits and withdrawals is a routine but important measure to support the Ronin network’s upgrade to L2. Users are encouraged to act before the May 11 deadline to avoid inconvenience. The move underscores the exchange’s commitment to maintaining network compatibility and security during technological transitions. FAQs Q1: When will Bithumb suspend RON deposits and withdrawals? The suspension begins at 9:00 a.m. UTC on May 11. Q2: Why is Bithumb suspending RON transactions? The suspension is to support a network upgrade from the existing Ronin blockchain to Ronin L2, a layer-2 solution. Q3: Will RON trading continue during the suspension? Yes, trading may continue, but deposits and withdrawals will be unavailable until the upgrade is complete. This post Bithumb to Halt Ronin (RON) Deposits and Withdrawals on May 11 for Network Upgrade first appeared on BitcoinWorld .