Ronin ($RON) is the native token of the Ronin blockchain, developed by Sky Mavis to support play-to-earn gaming, most notably Axie Infinity. It facilitates fast, low-cost transactions and powers a gaming-focused ecosystem that has expanded to include multiple titles like Pixels and Apeiron. $RON is used for transaction fees, staking to secure the network, and governance, with a capped supply of 1 billion tokens.
The Ronin network stands out for its scalability, handling millions of daily users and over $4 billion in NFT volume historically. Its Delegated Proof-of-Stake (DPoS) consensus ensures efficiency, while integrations like the Ronin Wallet and Katana DEX enhance user experience and liquidity. Recent developments, like permissionless expansion in 2025, signal broader adoption potential beyond gaming.