Kucoin Announces Listing of an EVM Chain Token 

Mt Gox

KuCoin has officially listed Ronin (RON), an EVM-compatible blockchain token designed for gaming. Developed by Sky Mavis, the creators of Axie Infinity, Ronin is a blockchain built to handle large-scale Web3 gaming transactions efficiently.

Ronin stands out as the only blockchain that has successfully scaled a single game to support millions of daily active users. It has processed over $4 billion in NFT transactions and offers near-instant transactions with minimal fees. This makes it the preferred blockchain for Web3 gaming applications.

Utility of the RON Token and Market Performance Following KuCoin Listing

The $RON token serves as the backbone of the Ronin ecosystem. Users can utilize it to pay for transactions on the Ronin network and secure the blockchain by delegating their tokens to validators. Sky Mavis also plans to expand RON’s utility by integrating it into various applications built on the Ronin network.

As of today, Ronin (RON) is priced at $1.23. The token has seen a significant surge in market activity, with a 24-hour trading volume of $41,051,571—marking a 188.50% increase from the previous day. This rise in trading volume highlights growing investor interest and market momentum.

RON tokens can be traded on centralized crypto exchanges. Binance remains the most popular platform for buying and trading Ronin, with the RON/USDT trading pair recording a 24-hour volume of $13,985,635. Other well-known exchanges such as OKX and XT.COM also support RON trading, providing traders with multiple options to access the token.

KuCoin’s listing of RON opens new opportunities for traders and gaming enthusiasts, further strengthening Ronin’s position as the leading blockchain for Web3 gaming.

Additional Tokens Listed Today 

  • Triffic (GPS)—Bybit Futures
  • deertoken (DEER)—AscendEX
  • Life DAO (LF)—Huobi
  • MEDITOC (MDTI)—LBank
  • Arma The Battle Ground (AB)—MEXC.
Disclaimer
The information provided in this article is for informational purposes only and reflects the author’s opinion. It should not be construed as financial, legal, or investment advice. The cryptocurrency market is volatile and carries risks. Please conduct your own research before making any decisions.

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