ronin

Coinbase announced that it will launch Wrapped Ronin (WRON) spot trading today. The WRON-USD trading pair will open later today after meeting liquidity conditions and will gradually go live in supported regions.The official statement indicated that WRON will be available for trading on the Coinbase website, App, and Coinbase Advanced platform, with institutional users able to access it directly through Coinbase Exchange. At the same time, the ERC-20 contract address for WRON based on Ethereum has been announced, and users are reminded to transfer only through the specified network to avoid asset loss.

According to the official announcement, OKX will suspend the deposit and withdrawal services for all tokens on the Ronin network on May 12 at 22:00. The services will resume after the network upgrade is completed. Please note that trading of the relevant tokens will continue as normal, and users do not need to take any action.

According to CoinDesk, the game public chain behind Axie Infinity, Ronin, will migrate from an independent sidechain to an Ethereum Layer 2 network through a hard fork on May 12, which is expected to result in approximately 10 hours of network downtime, during which all transfers, swaps, contract interactions, and on-chain gaming activities will be paused.This upgrade will introduce the OP Stack architecture and the "Proof of Distribution" allocation model, rewarding builders based on their actual contributions to the network, while significantly reducing the RON inflation rate from over 20% to less than 1%. Additionally, 90 million RON originally allocated for staking rewards will be moved to the treasury fund, and the market transaction fee will be increased from 0.5% to 1.25% to enhance security, scalability, and reshape the token economy.

The gaming public chain Ronin announced that it will migrate to Ethereum Layer 2 on May 12, during which there will be an approximately 10-hour downtime for on-chain operations. Normal operations will resume after the migration is completed, and its underlying architecture will be built on the OP Stack, with EigenDA integrated as the data availability layer.It is recommended that users unstake RON before the migration date, or the system will automatically unstake for users after the migration is completed. The core goal of this migration is to allow Ronin to leverage Ethereum's security, data availability, and finality capabilities, while injecting mature on-chain gaming infrastructure into the Ethereum ecosystem. As the underlying network for well-known on-chain games like Axie Infinity and Pixels, this move is seen as an important milestone in its ecological development.After the migration is completed, the annual inflation rate of RON will be reduced from over 20% to below 1%, and the treasury will gain continuous income from staking, Sequencer net revenue, and Marketplace fees (which will increase from 0.5% to 1.25%).

Binance is expected to suspend token deposits and withdrawals on the Ronin network at 22:00 on May 12, 2026, to support its network migration. The network migration will take place at block height 55,577,490 and is expected to be completed by 23:00 on May 12, 2026. Users can continue to trade the tokens supported by the above network, and deposit and withdrawal services will reopen after the migration is completed.

According to the official announcement from Coinbase, due to Ronin (RONIN) announcing the migration of its network to a new Ethereum L2, Coinbase will not facilitate this asset migration for its customers.Coinbase will suspend RONIN trading starting at 2 PM ET on March 30, 2026. The current order book has been switched to limit-only mode. Users must transfer RONIN to a compatible self-custody wallet before the project completes the migration; otherwise, assets left on Coinbase will be inaccessible after the migration.

Ronin announced an adjustment plan for its economic model, stating that as the network is expected to transition to Layer 2 by the end of March, passive staking rewards and the original validator system will be eliminated, replaced by a "proof of allocation" mechanism that provides targeted incentives to builders who make actual contributions to the ecosystem.The announcement also stated that the Ronin treasury will enhance its financial strength by increasing revenue sources such as transaction sharing from Ronin Market, sorter earnings, and new income from ecological applications and game tokens. In terms of governance, control of the treasury will shift from validators to a voting mechanism based on RON token weight, which will be used to review buybacks, investments, and DeFi-related activities.

The game blockchain Ronin announced that the Saigon testnet has completed its migration to Ethereum, and the mainnet migration to Ethereum L2 is proceeding as planned, expected to be completed between the first and second quarters of 2026.

The Saigon testnet of the Ronin chain will migrate to the Ethereum mainnet this Thursday, marking Ronin's return to Ethereum and an upgrade to Layer 2.The hard fork is scheduled to occur at block height 45528550 (February 5, 2026, 23:58:55 UTC), at which point the testnet chain ID will also be updated to 202601. After the mainnet migration to Ethereum, the mainnet chain ID will remain unchanged.

According to Binance spot data, the market shows a divergence between bulls and bears. PHB has dropped by 9.34% in the last 24 hours and is in a "high pullback" state. RONIN, on the other hand, has performed relatively well, with an increase of 5.12%, and is in a "bottoming rebound" state.In addition, BIO, S, BERA, and FF have all reached new highs today, with FF's increase reaching 11.13%.

According to Binance spot data, the market has experienced significant fluctuations. ZKP has dropped by 14.18% in the last 24 hours, while RONIN has increased by 18.62% and reached a new high for today.At the same time, KSM is in a "high and then low" state, with a 24-hour decline of 5.19%. Other tokens such as ASTER, AXS, and IMX have also reached new highs today, with increases ranging from 3.08% to 9.41%.

According to Cointelegraph, on-chain activity across several major networks has sharply declined, with the number of active addresses on 11 blockchains decreasing over the past year. Among them, Ronin saw the largest drop at 70%, while Bitcoin fell by 7.2%, and several Ethereum Layer 2 networks also made the list.The report also stated that the number of active addresses on Ethereum's base layer increased by 25%, with trading volume rising by over 20%. However, as activities related to airdrops have cooled down, the usage of several Ethereum Layer 2 networks has declined, with ZKsync experiencing the most significant drop in trading volume at 90%.

According to Binance spot data, the market shows a divergence between bulls and bears. RONIN has increased by 6.37% in the last 24 hours and is in a state of rebound after hitting a low.At the same time, GLM, SANTOS, GLMR, and BAT have all reached new lows today, with declines of 5.7%, 14.49%, 8.83%, and 6.76%, respectively. Additionally, ZK, SOMI, and EDEN have also experienced a pullback after reaching highs, with declines of 5.16%, 5.11%, and 6%, respectively.

According to Binance spot market data, there is a divergence between bulls and bears. RONIN has increased by 5.06% in the last 24 hours and is showing signs of a rebound after hitting a low.At the same time, ZEC has reached a new low today, with a decline of 8.09%. Other tokens such as BB, IOTA, PHA, SCRT, SYS, NFP, and ONT have also hit new lows this week, with declines of 17.4%, 5.31%, 10.21%, 6.34%, 13.05%, 9.68%, and 6.5%, respectively.

According to Binance spot market data, there has been significant volatility. HEMI has dropped 26.7% in the last 24 hours, while PORTO has decreased by 18%, showing a "pullback" state.Additionally, RONIN has also experienced a "pullback" state, with a 24-hour drop of 14.55% and 13.46%. THE and BIO have fallen by 16.51% and 15.12%, respectively. Meanwhile, RARE and RONIN have reached new lows today, with declines of 9.33% and 7.38%, respectively.

ChainCatcher news, Ronin Network today announced the official launch of the RON token buyback program.The Ronin Treasury will use approximately 890 ETH and 650,000 USDC (totaling about 4.5 million USD) to buy back RON tokens. To reduce market volatility, the buyback will adopt a TWAP strategy, completing the process at a rate of about 100 USD per minute over the course of a month. It is expected that after the buyback is completed, the Ronin Treasury will hold approximately 9 million RON, accounting for 1.3% of the circulating supply.

ChainCatcher news, according to a report by Cointelegraph, Ronin Treasury announced the launch of a $4.6 million RON token buyback program.The program will use its holdings of ETH and USDC to purchase RON tokens on the open market.

ChainCatcher news, Ronin officially announced that its treasury (Ronin Treasury) will start repurchasing RON tokens on the open market on September 29.The treasury currently holds over $5 million in assets, including 890 ETH and 650,000 USDC, which will all be exchanged for RON, accounting for approximately 1.3% of the current circulating supply of RON.Ronin stated that this move aims to reduce market circulation, increase treasury reserves, and create a stronger bond with ecosystem builders and token holders. The official emphasized that the treasury will only conduct one-way repurchases and will not sell RON.

ChainCatcher news, Ronin stated in a blog that by integrating the OP Stack, the project will receive a milestone grant of 5 to 7 million dollars from the Optimism Foundation, Eigen Labs, and Boundless Foundation, funded in the form of tokens such as OP, ZKC, and EIGEN. Previously, last week, Ronin governance validators officially voted to adopt Optimism's OP Stack as the Ethereum Layer 2 technology solution.