Ronin network: Karst upgrade, RON and 16 games

Ronin is a blockchain of its own built for games, and it is one of the few from the play-to-earn wave still running today. The network's official games overview lists 16 titles, from Axie Infinity through Pixels to Wild Forest. Since October 7 the chain has rested on a new technical footing: the Karst upgrade has brought Ethereum's latest changes across to Ronin. At the same time, holders of the RON token have something to decide for the first time.

The short answer to where the Ronin network stands: technically closer to Ethereum than ever, economically small. RON traded at around $0.069 on Sunday morning, or about €0.061, and market capitalisation, listed as market cap in price tables, stood at around $53 million. That leaves the price a good 98 percent below the peak of $4.45 in March 2024. Buying in here means buying not an established large project but a niche network with a narrowly drawn audience and a high risk of total loss.

In practical terms for investors in Germany, RON is not a standard holding that every platform carries. For buying, the project itself points to large exchanges and to decentralised venues on Ethereum. Anyone considering it should establish beforehand which venue offers the token at all and under which licence it operates in Germany; our comparison of crypto exchanges ranks providers by cost and regulation.