Ronin | Crypto

Some of last year’s hottest blockchains saw the steepest declines in onchain activity after viral moments failed to drive sustained growth. Onchain activity declined sharply on several major networks, according to Nansen data, with 11 blockchains posting drops in active addresses in the past year. Ronin fell the most at 70%, while Bitcoin registered a 7.2% decline. Several Ethereum layer-2 networks made the list. Nansen data also showed drops in transaction activity across many of the same networks. ZKsync recorded one of the steepest declines, with transactions falling 90%. Read more

Carl Erik Rinsch, a Hollywood director and writer, was convicted of stealing $11 million from Netflix. A part of the ill-gotten gains went into crypto. The post ‘47 Ronin’ Director Convicted of $11 Million Fraud in Netflix Case appeared first on Cryptonews.

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

High value DeFi projects like Synthetix and Aave are making Ethereum L1 great again, as Ronin, Celo and Phala switch chains to become L2s. In recent months, a raft of alt-L1s joined Ethereum to become L2s, even as other projects on L2s switch back to the Ethereum mainnet. The Ethereum L1 is reasserting its claim to be the home of high-value DeFi it has seven times more TVL than its nearest rival while the L2 model offers millions in potential savings, along with network effects for alt-L1s that join the ecosystem. Back in March, when bearishness around the extractive L2 roadmap was at its peak, mobile payments network Celo quietly closed down its validator network to become an L2. Now, its saving almost $7 million a year in operating costs. In August, blockchain gaming L1 Ronin announced it was coming home to Ethereum in early 2026, five years after network congestion forced its popular game Axie Infinity off mainnet. Ethereum has largely delivered on the scaling roadmap, says Jeffrey “Jiho” Zirlin, co-founde...

The Ronin team said that a more performant blockchain and Ethereum’s Wall Street appeal drove the decision to return to the ecosystem. Ronin, a purpose-built blockchain for gaming, said it will migrate back to the Ethereum ecosystem as a layer-2 network, making Ronin a general-purpose chain for applications beyond gaming. The blockchain originally spun off from the Ethereum mainnet in 2021 in search of better network speeds and cheaper transaction fees for Axie Infinity, a non-fungible token (NFT) blockchain video game. The Ronin team wrote: The team set a Q2 2026 target for the full migration from being a standalone layer-1 blockchain to an Ethereum layer-2 network. Read more