Ronin Network Sees Massive Growth with Over 1.4 Million New Wallets

• Pixels Online leads Ronin Network with 772,278 active users, highlighting its central role in the Web3 gaming ecosystem.
• Ronin Network’s daily active addresses surged by 93%, adding over 1.4 million new wallets within two weeks.

Androx, a passionate Web3 game enthusiast, has shared his experience with practically all of the games available on the Ronin Network. His comparative research of activity on this network sheds light on the dynamic and ever-changing landscape of Web3 gaming.

I have played almost all the games on the Ronin network and decided to conduct a comparative analysis of activity on this network, Active Wallets by Some Games @Ronin_Network (August 2024).’ This radar chart allows us to visualize how different games are attracting users within… pic.twitter.com/JXIAxpTw1C

— Androx I KIND (@AndroxAcosta) August 30, 2024

Understanding User Attraction and Game Variety on the Ronin Network 

Androx underlined the necessity of knowing how different games on the Ronin Network attract users, which he skillfully demonstrated with a radar chart. This graphic not only demonstrates the variety of games available on the network, but it also illustrates the increasing community that has adopted blockchain-based games.

One of the most notable discoveries from Androx’s investigation is Pixels Online’s sustained dominance, with an incredible 772,278 active members. This number highlights Pixels Online’s critical role in the Ronin ecosystem, as it continues to be a big driver of user engagement on the network.

However, it is vital to notice that each game on the radar map adds something new to the table. While these games have different user bases and gameplay, they all contribute to the Web3 gaming ecosystem’s robustness and endurance.

From Androx’s perspective, the distribution of active wallets among different games shows a lot about the Ronin Network’s accessibility and the variety of player preferences. This is an important factor to consider because it demonstrates that the network caters to a diverse audience with varying interests and gaming preferences.

Furthermore, Androx notes that not all games have the same growth potential. While certain games may appeal to a smaller, specialized audience, they may nevertheless have substantial future promise in the Web3 gaming space.

This discovery leads to the crucial conclusion that categorizing games by kind and audience is critical for understanding overall player adoption trends. It’s also important considering the broader context in which Androx’s study takes place.

On the other hand, CNF has noted that the Ronin Network successfully recovered $10 million in ETH following an exploit on its bridge, with USDC recovered shortly thereafter. This recovery was part of a larger endeavor, which included a full assessment and operational reorganization of the Ronin Bridge to improve security measures.

Beside that, as we previously reported, the Ronin Network has seen a stunning 93% increase in daily active addresses, adding 1,422,651 additional wallets in just 14 days.

Pixels Online led the way again, with 766,300 new wallets, followed closely by Lumiterra and Wild Forest. However, despite these good increases in network activity, the price of Ronin’s native token, RON, has been challenged.

Meanwhile, as of writing, RON was trading around $1.53, down 6.65% over the last 24 hours and 13.24% over the previous seven days, putting it in a mid-term bearish position.