Ronin Network\'s Total Staked $RON Tops 205 Million, Held by Over 290k Delegators

This critical milestone demonstrates rising confidence and involvement in the Ronin ecosystem.

Ronin Network recently announced a significant milestone in its ecosystem, with the total amount of RON staked now exceeding 205 million and over 290,000 delegators participating in the network.

Announcing the achievement in a tweet on Monday, Ronin invited users to learn more about staking RON by clicking a link in the tweet.

This critical milestone highlights the rising confidence and involvement in the Ronin ecosystem, which is centered around the popular blockchain game Axie Infinity.

As previously reported, الكبير on the Ronin Network is driven by key game migrations, with Axie Infinity's landセール and Mini's game integration both contributing to the token's strong performance.

However, at the time of writing, RON was trading around $2.24, down 4.89% over the last 24 hours following a strong week that witnessed gains of more than 17%.

On another note, Sky Mavis, the company behind Ronin, has shared their incredible journey in a recent announcement. Among the highlights was the launch of PHPC on the Ronin Network, enabling fast and low-cost on-chain peso transactions.

This move is expected to increase the network's utility and attractiveness, particularly in regions where peso transactions are prevalent.

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