How Ronin Network is bucking the 60% crypto gaming slump – DL News
- Ronin’s weekly revenue has reached a new all-time high.
- Angry Dynomites is drawing huge user activity.
- Crypto gaming volume has plummeted this year.
Ronin Network, a gaming blockchain, is bucking the GameFi sector’s slump.
Ronin’s weekly revenue from transaction fees is up more than 4,000% from its 2023 all-time low. It surged 20% just last week, an indication of growing user activity on the network, according to the project’s data dashboard on Dune.
Angry Dynomites, a crypto game with a market layer, has driven the bump by attracting significant attention from users since its mainnet launch on July 29.
The stakes are high for Ronin. Its TVL, a measure of investor funds in the blockchain, has crashed to $72 million, a 95% decline…
