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One article comprehensively introduces the RON coin project (2025)

Elizabeth
Release: 2024-10-12 14:10:02
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RON is a utility token used for governance and native support for the RON Network, a decentralized serverless platform that provides the infrastructure needed to build and deploy serverless applications. The platform is known for its scalability, low cost, developer friendliness, and ecosystem support. RON tokens are used to pay transaction fees, incentivize network contributors, support ecosystem development and participate in governance.

One article comprehensively introduces the RON coin project (2025)

What is RON?

RON is a utility token based on the Ethereum blockchain, representing the governance and native token in the RON Network.

RON Network Project

RON Network is a blockchain-based decentralized serverless platform designed to provide developers with the tools to build and deploy serverless applications. required infrastructure. The platform includes the following main components:

  • RON Hyperledger: A scalable, high-performance blockchain that processes transactions and provides consensus.
  • RON Chain: A side chain that supports high throughput and low latency serverless applications.
  • RON Toolkit: A set of tools for creating, deploying and managing serverless applications.

Use of RON Token

RON Token plays the following key roles in RON Network:

  • Governance: RON token holders can participate in platform governance and vote on protocol updates and improvements.
  • Transaction Fees: RON tokens are used to pay transaction fees on RON Chain.
  • Incentives: RON tokens serve as incentives for nodes and developers who contribute to the network.
  • Ecosystem Development: RON tokens are used to fund projects and activities in the RON ecosystem.

Advantages of RON

RON Network offers the following advantages:

  • Scalability: RON Hyperledger is a high-performance blockchain capable of handling large volumes of transactions.
  • Low cost: Transaction fees on RON Chain are relatively low compared to other blockchain platforms.
  • Developer Friendly: RON Toolkit provides developers with all the tools they need to create and deploy serverless applications.
  • Ecosystem Support: RON Network is supported by an active and growing community of developers and users.

The future of RON

RON Network is a promising project that is expected to play an important role in the field of serverless computing. As the platform continues to grow, the demand and value of RON tokens are expected to grow as well.

Ronin (RON) Price Change Overview

As of now, the price of Ronin (RON) is $1.4944. Volume in the last 24 hours was $9,086,446.63, with the price down 1.01% from the previous day.

Price Change Factors

Recent price trends are mainly affected by the following factors:

  • Market Sentiment: Cryptocurrency The overall market sentiment is gloomy.
  • Falling Demand: Demand for RON has weakened recently.
  • Technical Analysis: Chart shows RON has broken through key support levels.

Future Price Forecast

In the short term, the price of RON is expected to continue to fluctuate. A breakout of support and resistance levels could trigger further gains and losses.

Investor Recommendations

For investors, it is recommended to pay close attention to price trends and conduct appropriate risk management. Market sentiment is not yet conducive to a major move higher, so caution is crucial.

Short Term Price Forecast

  • Positive Scenario: If RON breaks the recent resistance, the price could rise.
  • Negative Scenario: If RON breaks below support, the price could fall further.

Indicators

  • Current price: $1.4944
  • 24-hour trading volume: $9,086,446.63
  • Circulation volume: 351,967,130.20025 RON
  • Circulation market value: $525,989,105.84062

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