Ronin (RON) Price Recovery Hinges on Upcoming Ethereum Upgrade

Ronin (RON), a blockchain designed for gaming by Sky Mavis, has seen significant price drops since its peak. After processing over $4 billion in NFT volume at one point, RON's value plummeted to around $0.1000 due to the broader crypto downturn and reduced Axie Infinity activity.

However, 2026 could mark a turning point for Ronin with the upcoming Ethereum Layer 2 migration and Uniswap v3 launch. This upgrade is expected to increase network activity, leading to more fee-based RON burns and reducing the token's circulating supply over time.

Ronin's cross-chain tools are also being expanded, allowing gaming assets from networks like Ethereum and Polygon to move more easily onto Ronin. New game launches could further boost network activity and RON usage as players interact with the ecosystem.