Ronin Network is on an exciting journey to become the undisputed Web3 gaming powerhouse. Launched by Sky Mavis, the development studio behind Axie Infinity, Ronin is an EVM blockchain specifically designed for gaming. It also boasts an active and passionate community. The Ronin coin (RON) has also become an attractive digital asset, hence, the growing interest in Ronin price prediction.
In this guide, we’ll analyze RON price history before providing short, medium and long-term Ronin price forecast(s). We’ll also discuss what Ronin is used for, as well as the factors that influence RON price movement. In the end, you’ll have enough information to determine whether Ronin (RON) is a good asset to buy.
Ronin Price Prediction Summary
- End of 2024: Ronin has recorded substantial growth in 2024, setting a new all-time high price in March. Of course, this can be attributed to the positive condition of the wider crypto market. In the months ahead, we anticipate that it will gain further. Our RON price prediction, therefore, is a maximum price of $4.79 before the end of 2024.
- End of 2025: As a relatively new crypto, RON still has much room for price growth. It is actually enjoying its very first major crypto bull market and we expect it to continue gaining till 2025. Again, it will continue to attract the attention of gaming investors, developers and players. RON price, therefore, could potentially reach $7.62 before the end of 2027.
- End of 2027: Ronin is hyper-optimized for gaming and has performed really well in just a few years of existence. Thanks to its robust infrastructure and growing developer base, it can attract many successful games in the future. As projects like Axie Infinity continue to launch on the Ronin ecosystem, RON price could rise to a maximum of $14.85 before the end of 2027.
- End of 2030: The gaming market size is expected to grow significantly by 2030. Already, Ronin is the leading blockchain for P2E and related games. As the industry continues to grow and evolve, its influence could become even bigger. Based on our estimations, RON could be worth as much as $32.67 before the end of 2030.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Ronin (RON) Price History
The Ronin crypto was created by Sky Mavis, which is the team behind one of the most popular Web3 games, Axie Infinity and related games. The development studio received backing for the project from top investors, including Accel, Binance Labs, Paradigm, a16z, Animoca Brands, Libertus, and Mark Cuban.
The native currency of Ronin, “RON”, was launched through a pool on Katana, which is a decentralized exchange (DEX) native to the Ronin network. While details of the launch are not available, we understand that no private sales were conducted and the coin was distributed through an incentivized liquidity program. The team and the community were allocated 30% of RON supply each while Rewards and Ecosystem fund received 25% and 15%, respectively.
RON was listed on major cryptocurrency exchanges on January 27, 2022. According to Coingecko’s RON price chart, the initial price on the day of listing was $3.56 per token. The first few weeks of trading saw the coin price fluctuate wildly.
Following the Ronin Validator Breach orchestrated by an elite group of hackers, 173,600 ETH and 25.5M USDC were stolen from the Ronin Bridge. While this was no technical flaw, Ronin network improved its security meaningfully. But the damage had been done and RON price started declining faster.
As the crypto winter intensified, RON price declined further. The coin price moved from $2.01 on March 23 to $0.91 on May 3. It dropped further to $0.281 on June 21 before recording a slight recovery. Following months of mild fluctuation, RON reached its all-time low price of $0.1976 on November 21, 2022, per coinmarketcap data.
RON price recovery and the recent rally
The Ronin coin recovered slightly towards the end of 2022. On December 26, 2022, RON price was $0.2687. It rose faster in early 2023, reaching $0.78499 on January 28. By March 29, 2023, RON had reached $1.05 per coin.
The Ronin coin reached a relatively high price level of $1.42 on April 17, 2023, before dropping continuously to an average price of $1.05 on June 6. By July 30, the price was $0.734. It dropped to as low as $0.4059 on October 20, 2023.
As the crypto market improved towards the end of 2023, Ronin started gaining significantly. By November 11, it was back to $0.7957 and by November 30, it had reached $1.08. It climbed further to $1.89 on December 27, 2023.
RON price rally continued in early 2024. On January 16, the price was $1.77 and by February 1, it had reached $2.79. According to coinmarketcap data, RON reached its current all-time high price of $4.50 on March 13, 2024. Though it had dropped from the ATH level, RON price continues to fluctuate sideways.
Key Points in Ronin (RON) price history
- Ronin was created by Sky Mavis, the development studio behind Axie Infinity
- The Ronin coin (RON) was launched through a pool on Katana, a native DEX on the Ronin Network
- On the day it was listed on cryptocurrency exchanges, RON price was approximately $3.56
- Following the Ronin Validator Breach in March 2022, RON price started declining faster, eventually reaching an all-time low point of $0.1976 on November 21, 2022
- In 2023, RON price recovered substantially – the last three months of 2023 saw the coin enjoy a significant price rally
- In early 2024, RON has performed relatively well, reaching a new all-time high value of $4.50 on March 13, 2024
- At the time of writing this piece, RON price continues to fluctuate mildly
Ronin Price Prediction 2024
As we’ve already stated in this Ronin price prediction guide, the recent RON price rally started towards the end of last year. This coincides with the time the wider crypto market started recovering. We’ve also seen RON reach a new all-time high price in March 2024 – almost the same period Bitcoin and some altcoins reached new heights.
The current RON price rally is undeniably linked to the current Bull Run. To understand how the coin will perform in the remaining months of the year, we need to understand the factors driving this recent growth.
Many analysts believe that the anticipation of Bitcoin halving created the right conditions for the current bull market. Some also see the intersection of AI and crypto as another factor helping to drive the current positive market sentiment. These factors could validly drive future price growth.
Another major factor that has helped the general crypto market to record significant growth is the approval of Spot Bitcoin ETFs by the U.S. SEC in January. China recently did the same and these exchange-traded funds are bringing a lot of new institutional investors to the crypto market.
RON has benefited immensely from the general market growth in 2024. Like some of the top altcoins, it has reached a new ATH. Our Ronin price forecast, therefore, estimates that the coin could reach a maximum price of $4.79 before the end of 2024.
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Ronin Price Prediction 2025
Depending on several factors, the wider crypto market will continue growing until 2025. If this is the case, then there are good reasons to believe that Ronin will continue growing too.
It is important to stress that Ronin is relatively new. It entered the market in January 2022, a few months after the last major bull market ended. So, Ronin is experiencing its first major bull market. This also entails that there is much room for substantial price growth. RON could potentially reach a new ATH value in 2025. Therefore, it can be categorized as one of the best trending coins to buy.
At this point, it is important to look beyond market conditions and consider RON’s specific selling points. As hinted in the introductory part of this article, Ronin Network is the biggest blockchain network dedicated to the gaming industry. This gives it some sort of edge over general-purpose blockchains.
As the choice blockchain for the gaming industry, Ronin has already captured the attention of many key players. From investors to game developers, there is a growing interest in Ronin and what it offers. This also means that the Ronin coin, RON, will remain attractive to a special class of investors and crypto enthusiasts.
As for how far RON could go in 2025, we believe that it will be dependent on Ronin ecosystem activities and the general condition of the market. Based on our analyses, however, RON price forecast projects a maximum price of $7.62 before year-end, 2025.
RON Price Forecast 2027
Ronin’s position as the leading gaming blockchain makes its token “RON” one of the next cryptos to explode. This is primarily because of the potential of the gaming market and Ronin’s capabilities. The EVM blockchain has the best infrastructure for game developers as well as the necessary resources to support them.
Ronin is a battle-tested blockchain and the very first platform to scale a single game to accommodate millions of daily users. Its leading title, Axie Infinity, is unarguably the most popular game in the play-to-earn (P2E) niche. The blockchain is also home to all Axie Infinity assets, including AXS, SLP, Land and Axies. Of course, it can accommodate many other valuable assets.
As a dedicated blockchain, Ronin is hyper-optimized for gaming. Its infrastructure is tailored to the needs of game developers and players. It guarantees near-instant transactions, as well as negligible transaction fees. In terms of security, Sky Mavis became a fully anti-fragile, zero-trust organization after the Ronin Validator Breach. In simple terms, it is highly secure and ideal for games with player-owned economies.
By 2027, we expect that many games will be hosted on Ronin, boosting RON’s utility. We also anticipate that the last quarter of 2027 will mark the end of a crypto winter that could start in 2026. Therefore, RON could be in a recovery phase at that time.
As per the actual RON price prediction for 2027, we estimate a maximum price of $14.85 before the end of the year.
Ronin Price Prediction 2030
The global gaming market is projected to surpass $682 billion by 2030. The industry is already getting used to transformational technologies, including blockchain and artificial intelligence. Knowing that Ronin is leading other blockchains in this industry, the potential is limitless.
Already, Ronin’s games portfolio is incredible. Some of the biggest titles include Axie Infinity (Classic, Origins, and Homeland), Wild Forest, Pixels, Axie Champions, The Machines Arena, and Apeiron. Many other top games are running on the platform and we believe hundreds, if not thousands, will be launched before 2030.
To understand how valuable Ronin and its native currency (RON) could become in the future, let’s consider what it has achieved in the past. Besides Ethereum, Ronin is the best-performing blockchain in terms of NFT sales by volume. It has surpassed $4.1 billion in NFT sales. As the biggest P2E game, Axie Infinity, alone, has generated over $1.3 billion.
Ronin was able to hit the ground running just after launch. In its first nine months, it received over 2 million wallet downloads, 250,000 unique daily active addresses, as well as $5 billion in TVL (total value locked). It also captured 15% of all NFT transactions on the market.
Based on Ronin’s unique position and past performance, it is ideal to anticipate a higher growth pattern as the gaming market evolves. Based on our estimations, RON price could reach a maximum value of $32.67 before the end of 2030.
Ronin Price Prediction 2040
While Ronin is hyper-optimized for gaming, it is important to state that it can also accommodate other decentralized applications and protocols. Katana, for instance, is a decentralized exchange (DEX) on the platform. At a time, it was the second-most popular DEX by weekly active users.
By 2040, we estimate that Ronin will dominate the gaming market. At the same time, other kinds of decentralized applications could run on the network. It is also projected that global crypto adoption will improve significantly before 2040, and RON will benefit from it.
Another reason to believe in the future of Ronin is the quality of the team behind it. Sky Mavis, though a relatively new company, has become one of the most popular game development companies in the world. Its groundbreaking title, Axie Infinity, caught the attention of millions and attracted top investors to the Ronin ecosystem. This team can bring several innovations, strategic partnerships and other games that will give Ronin an edge over its competitors.
Ronin is also working hard to attract some of the best game developers. Sky Mavis has walked the walk and now provides resources, advisory support and grants to help its growing gaming developer base succeed. It also has the largest engaged community of Web3 gamers.
Our long-term Ronin price forecast is positive because of the factors above and many more. By our estimation, RON could reach a maximum price of $68.50 before the end of 2040.
Potential Highs and Lows of Ronin Price
Like most other cryptocurrencies, RON is a volatile asset and will continue to fluctuate from time to time. Therefore, it is important to have a specific price range to expect in any given year. Below, we’ll present in a table the coin’s potential high and low prices for the years under consideration.
| Year | Potential High | Potential Low |
| 2024 | $4.79 | $2.99 |
| 2025 | $7.62 | $5..38 |
| 2027 | $14.85 | $11.84 |
| 2030 | $32.67 | $25.22 |
| 2040 | $68.50 | $48.67 |
Cryptoassets are a highly volatile unregulated investment product. No EU investor protection.
Expert Opinions – What Other Analysts Predict for Ronin Price
Considering that many crypto experts are providing Ronin price prediction(s) for other crypto and blockchain media outlets, it is helpful that you consider their opinions too. Below, we’ll sample a few RON price forecasts from other sources:
“According to our Ronin forecast 2024, the coin could reach a peak of $4.43, with a potential low of approximately $0.6707 in 2024.”
bitscreener.com
“After the analysis of the prices of Ronin in previous years, it is assumed that in 2025, the minimum price of Ronin will be around $7.20. The maximum expected RON price may be around $8.57. On average, the trading price might be $7.45 in 2025.”
changelly.com
“As per the forecast price and technical analysis, in 2027 the price of Ronin is predicted to reach at a minimum level of $13.63. The RON price can reach a maximum level of $15.97 with the average trading price of $14.10.”
priceprediction.net
“Ronin’s price for 2030 according to our analysis should range between $14.38 to 21.57 and the average price of RON should be around $17.97.”
ambcrypto.com
“By 2040, we may expect an average price of $133.73 if current growth continues. As per our price forecast, the Ronin may hit a new ATH level this year. Our maximum price prediction for the Ronin is $140.08 in 2040. If the market gets bullish, the Ronin coin may surge more than our price forecast in 2040. However, the minimum price level can be around $121.69 if the market gets bearish.”
telegaon.com
What is Ronin and What is it Used For?
We stated in the introductory part of this Ronin price prediction guide that Ronin is an EVM blockchain specifically designed for gaming. The Ronin network comprises robust infrastructure, resources and tools for developers building games with player-owned economics.
Ronin was created by Sky Mavis, the company behind Axie Infinity, which is arguably the biggest game in the blockchain and Web3 universe. The Ronin Network has the reputation of being the only blockchain to have scaled a single game to accommodate millions of daily active users.
While Ronin is optimized for gaming, it can also be used to create other kinds of decentralized applications (dApps). While the Ronin ecosystem is dominated by games, a few non-gaming dApps are on the platform, including Katana, Explorer, Ronin Name Service, Mavis Hub, Mavis Market, RON Staking, Pyth Network, CyberKongz Genkai NFT, GeckoTerminal, Ramp, Sablier, Tribally, Multi Signature Wallet, and many more.
The Ronin Coin (RON)
The Ronin native currency (RON) is an integral part of the Ronin network. As the utility token of Ronin, it powers the network, enabling participants to perform a wide range of transactions, including paying gas fees. It guarantees fast and cheaper transactions for gamers and other network users.
The Ronin coin is a full-fledged digital currency that can be used within and beyond the Ronin ecosystem. Within the ecosystem, it can be used for all kinds of in-app purchases. It is the unit of payment and can be used to pay for goods and services provided by ecosystem apps.
RON is also a governance token. RON holders can stake their tokens and participate in decision-making by way of voting on proposals that impact the Ronin ecosystem.
As a digital currency, the Ronin coin is also an investment instrument. It can be bought and sold across different exchanges and investment platforms. This Ronin price prediction article is predicated on the fact that people buy RON for profit-making purposes. Some could even hold the coin for decades – whether participating in network activities or not – and sell at a convenient and/or profitable time.
What Influences the Price of Ronin Tokens (RON)?
While RON is a known volatile asset, there are many factors that cause it to fluctuate. Below, we’ll briefly discuss the factors that influence Ronin price movements:
Demand and supply
Demand and supply play critical roles in the prices of digital assets, including RON. Increased demand will push prices upward while low demand could result in a price drop. Conversely, excessive supply will drive prices down while low supply could trigger price growth.
General crypto market condition
The condition of the wilder cryptocurrency market exerts significant pressure on the performance of most coins, including RON. When the market is bullish, most coins gain. On the other hand, a bearish market will lead to lower prices for most coins.
Investors sentiment
How investors and traders feel about the market or a particular asset will affect its price performance. While a negative sentiment could lead to price decline, positive sentiment towards and coin and its blockchain could result in tangible price growth.
Ecosystem developments and announcements
How the Ronin network develops in the future will have a notable impact on the price of its currency, RON. With new projects on the network becoming successful, the price of RON could rise meaningfully. Announcements of upgrades, positive developments and even strategic partnerships could lead to RON price gains.
Others
A few other factors can also make Ronin coin price to either gain or lose. Legal and regulatory issues, for instance, can have a meaningful impact on coins’ prices. Increased adoption, growing community, as well as whale activities can also impact RON price prospects.
Is Ronin Crypto a Good Investment?
At this point, you should have a good knowledge of what Ronin is and what it offers. As the leading blockchain for gaming, Ronin is a high-potential blockchain. It has proven its ability to scale games and accommodate millions of gamers. Its NFT volume sales and TVL are super impressive. As the gaming industry continues to grow, Ronin could become one of the most valuable blockchains.
Based on our fundamental and technical analyses, RON seems like a good coin to buy. It is a relatively new crypto with much room for price growth. Our Ronin price forecast(s) also suggest that the coin will grow in the years ahead. If your risk appetite permits, RON could be a decent crypto to add to your portfolio.
Ronin Price Prediction – Conclusion
In this guide, we’ve established that Ronin is one of the most promising blockchains in terms of revenue generation and daily users. It is hyper-optimized for gaming and offers developers many incentives. With time, it could attract some of the biggest and most talented gaming developers. The Ronin coin (RON) is also a promising digital asset with strong growth potential.
If you are convinced that Ronin could make a good addition to your crypto portfolio, it is important that you aim to buy from a reliable platform. Over the years, eToro has grown to become the number 1 social trading platform. It is one of the best places to buy RON.
References
- https://www.coingecko.com/en/coins/ronin
- https://www.bankinfosecurity.com/crypto-hackers-exploit-ronin-network-for-615-million-a-18810
- https://coinmarketcap.com/currencies/ronin/
- https://www.galaxy.com/insights/research/understanding-intersection-crypto-ai/
- https://dailycoin.com/axie-infinity-creators-invite-developers-to-build-games-on-ronin/
- https://coinmarketcap.com/view/play-to-earn/
- https://finance.yahoo.com/news/global-gaming-market-size-share-123400100.html
- https://www.chainalysis.com/blog/2023-global-crypto-adoption-index/
- https://www.forbes.com/advisor/investing/cryptocurrency/digital-currency/
Disclaimer: The information in this price prediction article should not be considered anything as financial advice, and Crypto2Community is intended only to provide educational and general information. Please remember crypto assets are highly volatile.
FAQs
What was RON’s highest price ever?
RON’s highest price ever is $4.50. This new all-time high (ATH) price was recorded on March 13, 2024, according to coinmarketcap data
Will RON price go up?
RON price is expected to go up from its current level in the months ahead. It will also go higher in the future, depending on the nature of the crypto market
Will Ronin bloom in 2024?
A bull market is underway and RON has already performed well in the first quarter of 2024. We also expect the coin to bloom even more in the remaining months of 2024
What will Ronin be worth in 2025?
Depending on how long the current bull market lasts and how Ronin takes advantage of the situation, the maximum price of the coin in 2025 could be $7.62
What is Ronin price forecast for 2027?
Though the market could be bearish for most of 2027, we believe it will improve during the last quarter. In that case, RON price could rise to as much as $14.85
How much will RON be worth in 2030?
Depending on how the Ronin ecosystem develops by 2030, the price of the native currency could be significantly higher than the current value. We estimate that the coin could reach a maximum valuation of $32.67 per token before the year runs out
What is Ronin price forecast for 2040?
The crypto market could become a lot more valuable in 2040 and we estimate that RON price could reach a maximum level of $68.50 per coin
Will RON reach $100?
While we can’t rule out anything in the fast-evolving worlds of blockchain and gaming, it could be difficult for RON to reach the $100 mark. It may take several years or even decades for this to happen
Should I buy Ronin now?
Now could be a good time to buy Ronin. The coin is relatively new and has huge growth potential. Buying now that price is loan increases the chances of making substantial profits
Is Ronin a good investment?
Depending on your risk appetite, Ronin could be a good investment. It is a volatile asset with strong growth potential. It could yield significant profits in the years to come