Explosive Growth: Ronin Network Adds Over 1.4 Million New Wallets

• Ronin Network’s Daily Active Addresses surged by 93%, adding 1,422,651 new wallets in 14 days.
• Pixels led the growth with 766.3k new wallets, while Lumiterra and Wild Forest followed.

According to Nathan, Ronin Network’s Brand Ambassador, the network’s Daily Active Addresses (DAA) increased by an amazing 93% with the addition of 1,422,651 new wallets. This amazing growth has positioned Ronin as the most popular blockchain, with 2.05 million DAA in just 14 days.

.@Ronin_Network’s DAA surged by 93%, adding 1,422,651 new wallets, becoming the Most Used Blockchain with 2.05M DAA, and this happened in just 14 days.

What has driven this remarkable growth?

Let’s dive in:

(1/6) pic.twitter.com/bUxXn2nwUt

— Nathan (@0xxNathan) July 28, 2024

Ronin Network Activity Soars: Pixels and Lumiterra Lead the Charge

This sudden rise in activity occurred on July 13, when Pixels gained tremendous popularity. Pixels’ DAA climbed by 79% in just three days, and by 59% between July 13th and July 26th, adding 766,300 additional wallets. Pixels remains the most popular game on the Ronin Network, with 5.84 million wallet addresses.

Source: Nathan on X

The enthusiasm surrounding Lumiterra, as well as the strong community interest in its approaching Closed Beta Test (CBT) with a $1 million token award, have both significantly contributed to this rise.

Since Lumiterra announced the daily availability of free Lumi Fragments, it has received a record number of new wallets, totaling 904,900. As a result, Lumiterra’s DAA swiftly increased to 682,911, making it the second-highest DAA after Pixels.

Furthermore, Ronin’s recent growth includes the popularity of Wild Forest, which has grown significantly since its global introduction in early July. From July 13 to July 26, Wild Forest’s DAA climbed by 158%, topping 55,000.

During this time, Wild Forest added 52,800 new wallet addresses, bringing the total to over 100,000 on Ronin. Wild Forest is expected to surpass 100,000 users next month.

In addition, Axie Infinity, a popular game in the Ronin ecosystem, added 13,000 new wallets. Following the debut of PuffSim on July 20, Puffverse’s DAA increased by an astonishing 500%.

Furthermore, CNF earlier reported that the Ronin Network has topped 205 million stakes in RON, with over 290,000 delegators. Validators and delegators receive benefits, which improve Ronin’s security and participation.

In other developments, Axie Infinity has released Axie Classic Competitive Season 4, which has a complete UI revamp and an intriguing streamer competition.

The game has announced significant awards for the season’s winners: the first-place winner will receive an Origin Axie, the second-place winner a Christmas Axie, and the third-place winner a Japanese Axie.

The network’s native token, RON, is presently trading around $2.06, up 3.12% over the last 24 hours on a daily trading volume of $6.144 million. However, the token’s price has been bearish for the past seven days.

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