Score withheld

Ronin

RON

Gaming, adoption-led weightsMarket-cap rank 508, CoinGecko 23 Oct 2026

STRICT score withheld.Score opens with Pro

Sustainabilitywithheld×0.16–

Transparencywithheld×0.12–

Revenuewithheld×0.08–

Innovationwithheld×0.14–

Communitywithheld×0.26–

Tokenomicswithheld×0.24–

Weights are public.

The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.

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Research, not financial advice. Read the terms.

About Ronin

Analysis of 13 Jun 2026

Ronin is an EVM-compatible gaming blockchain built by Sky Mavis, the team behind Axie Infinity. The network completed its May 12, 2026 migration from an independent sidechain to an Ethereum Layer 2 using Optimism's OP Stack, shifting the thesis from migration execution to whether the upgraded network can rebuild liquidity and fee demand.

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The upgrade lowered annual RON emissions from 45M to 5M and introduced Proof of Distribution, a builder reward system tied to measurable on-chain activity.

Market data remains weak: CoinGecko shows RON near $0.058, about $45M market cap, 772M circulating out of 1B max supply, and roughly $4.9M in daily volume; DeFiLlama shows Ronin TVL around $10M while CoinGecko's TVL field is lower.

That combination makes Ronin a high-beta recovery bet rather than a proven gaming L2 compounder.

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