Ronin Blockchain Sees 2 Million Daily Active Users, Here’s Why

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Recently, blockchain gaming has been gaining massive popularity and the Ronin network may just be at the center of this impressive trend. This follows after a July 29 report by on-chain data platform Token Terminal confirmed that Ronin has achieved 2 million daily active users (DAU).

Ronin Blockchain Rises

Per Token Terminal, Ronin’s new record means that its user engagement in the last 24 hours surpasses that of leading blockchains like Tron and Solana. This does not only mark a major feat for the network but also for its gaming-focused ecosystem at large.

As of publication, Ronin boasts an impressive user growth that has immediately positioned it at the forefront of blockchain networks. That is, after seeing more activity than Tron’s 1.8 million DAU as well as Solana’s 1.2 million within the same period.

For what it’s worth, though, the surge in user activity may be a reflection of Ronin’s increasing chokehold on the gaming sector.

Token Terminal claims that the daily active users’ chart details the number of unique addresses engaged with Ronin’s business-relevant contracts. This comprises a broad range of user transactions and interactions.

Key Drivers of Network Success

Notably, the surge in daily users appears to be a direct result of Ronin’s broader expansion strategy. The firm has been keen on expanding its ecosystem and has been working tirelessly in that regard all year round. Ronin acknowledged these expansion efforts in a mid-year report it published on July 23. The network attributes its explosive growth, which is now being reflected in its DAU, to several factors, including the impressive performance of its NFT marketplace, Mavis Market. It also named the recent listing of the Ronin (RON) token on Binance as a major driver of the current success the network is enjoying. The listing has been described as a “portal” for users, enhancing their access to Ronin’s “gamers country” and further driving the network’s engagement.

Ronin’s ecosystem has also seen expansion in the area of gaming. It currently has 15 playable games available and more under development. That is not to mention that the network boasts 12 million RON token holders with over three million downloads of the Ronin Wallet.

These figures point to the thriving ecosystem supported by both its gaming and financial infrastructure.

Disclaimer: This article is intended solely for informational purposes and should not be considered trading or investment advice. Nothing herein should be construed as financial, legal, or tax advice. Trading or investing in cryptocurrencies carries a considerable risk of financial loss. Always conduct due diligence before making any trading or investment decisions.