RON Price Today: Ronin Token Price, Supply and What Moves It
RON, the native token of the Ronin network, traded at about $0.067 on 5 October 2026, with a market cap near $51.7 million and 772.4 million of its 1 billion maximum supply in circulation, according to CoinGecko. Crypto prices change by the minute, so use the figures below as a dated snapshot and check a live tracker before you trade. This page explains where the RON price stands, how it got here, and what actually moves it.
Key takeaways
- RON was about $0.067 on 5 October 2026, up roughly 27% over 30 days but down about 86% over one year.
- The all-time high was $4.45 on 25 March 2024. The all-time low was $0.0455 on 29 July 2026.
- Ronin became an Ethereum Layer-2 on 12 May 2026, and RON’s annual inflation was cut from above 20% to below 1%.
- 772.4 million RON circulates out of a fixed maximum of 1 billion, so about 77% of supply is already in the market.
- Binance lists the token under the ticker RONIN. Most other exchanges use RON.
What is the RON price today?
| Metric | Value on 5 October 2026 |
|---|---|
| Price | $0.067 |
| Market cap | $51.7 million |
| Market cap rank | 479 |
| 24-hour trading volume | $1.07 million |
| Fully diluted valuation | $67.0 million |
| Circulating supply | 772.4 million RON |
| Maximum supply | 1,000,000,000 RON |
| 7-day change | +9.8% |
| 30-day change | +26.9% |
| 1-year change | -86.2% |
Source: CoinGecko market data, 5 October 2026. For the current number, open a live tracker such as CoinGecko or CoinMarketCap and search for Ronin.
What is RON and what is it used for?
RON is the native coin of Ronin, the gaming blockchain created by Sky Mavis, the studio behind Axie Infinity. Ronin launched in 2021 as a sidechain built for fast, cheap in-game transactions. RON pays the gas fee on every Ronin transaction, and it is the main trading pair on Katana, the decentralized exchange that runs on Ronin.
That last point causes confusion, so it is worth stating plainly. Katana DEX on Ronin is not the same thing as Katana Network, the DeFi chain this site mostly covers. Our Katana DEX guide explains the difference, and the Ronin network overview covers the chain itself.
How has the RON price changed over time?
RON reached its all-time high of $4.45 on 25 March 2024, during a strong period for blockchain gaming tokens. It then fell for more than two years and set an all-time low of $0.0455 on 29 July 2026. The October 2026 price of about $0.067 is roughly 47% above that low and about 98% below the high.
A fall of that size is not unusual for gaming tokens, which tend to follow player numbers closely. It does mean that anyone quoting a RON price from 2024 or 2025 is describing a very different market.
What changed for RON after Ronin became an Ethereum Layer-2?
On 12 May 2026 Ronin carried out a hard fork that moved it from an independent sidechain to an Ethereum Layer-2 built on the OP Stack, the same framework used by Base and Optimism. CoinDesk reported about 10 hours of planned downtime during the switch. Several things changed for the token:
- Inflation fell sharply. RON’s annual inflation rate dropped from more than 20% to under 1%.
- Staking rewards were redirected. About 90 million RON that had been reserved for passive staking rewards moved to the Ronin Treasury.
- Rewards now follow activity. Ronin adopted a model it calls Proof of Distribution, which rewards active contribution to the network instead of passive staking.
- Marketplace fees rose. The marketplace fee going to the treasury increased from 0.5% to 1.25%.
Lower inflation means fewer new tokens are sold into the market each year. That removes one source of selling pressure, but it does not create demand by itself. Demand still has to come from people using Ronin games and apps.
What moves the RON price?
- Game activity on Ronin. RON is needed for gas, so more players and more transactions mean more demand. The network’s fortunes are still closely tied to Axie Infinity and a small group of other games.
- Token supply. About 228 million RON is not yet circulating. How quickly it enters the market matters more now that inflation has been cut.
- The wider crypto market. Small-cap tokens usually fall harder than Bitcoin in a downturn and rise faster in a rally.
- Liquidity. With around $1 million in daily volume, large orders can move the price noticeably.
- Security history. In 2022 the Ronin bridge lost about $625 million in an attack attributed to North Korea’s Lazarus Group. The Block’s coverage of the Layer-2 move looks back at that history.
Why does this page not give a RON price prediction?
Because nobody can give you a reliable one. Price targets for small tokens are guesses, and the widely copied tables of “expert predictions” are usually generated by formulas that extend past prices forward. An earlier version of this page repeated numbers like that, and we removed them. What you can check for yourself is supply, inflation, trading volume and how many people are using the network. Those are the inputs that matter.
Where can I buy RON?
According to CoinGecko’s market list, RON trades on Binance, OKX, KuCoin, Gate, HTX, MEXC, Crypto.com Exchange, Bithumb, Coinone and Bitvavo, among others. Binance had the highest volume on 5 October 2026 and uses the ticker RONIN. On Ronin itself you can swap into RON on Katana DEX.
Step-by-step instructions are in our how to buy RON guide. If you plan to hold RON in your own wallet, read the RON contract address guide first, because RON and Wrapped RON are easy to confuse. To put RON to work, see how RON farming works.
Common mistakes to avoid
- Trusting a “live price” printed in an article. Always check the date.
- Searching Binance for RON and missing it because the ticker there is RONIN.
- Treating price prediction tables as analysis.
- Mixing up Ronin’s Katana DEX with Katana Network and its KAT token.
- Putting in money you cannot afford to lose. RON has fallen about 86% in a year.
Frequently asked questions
What is the price of RON today?
RON was about $0.067 on 5 October 2026, according to CoinGecko. Check a live tracker for the current price.
What is RON’s all-time high?
RON’s all-time high is $4.45, reached on 25 March 2024.
What is RON’s all-time low?
RON’s all-time low is $0.0455, reached on 29 July 2026.
How many RON tokens are there?
The maximum supply is 1 billion RON. About 772.4 million was circulating on 5 October 2026.
Is Ronin an Ethereum Layer-2?
Yes. Ronin moved from an independent sidechain to an OP Stack Ethereum Layer-2 on 12 May 2026.
Why is RON listed as RONIN on Binance?
Binance uses the ticker RONIN for the same token. Most other exchanges list it as RON.
This page is for information only and is not financial advice. Cryptoassets are high risk and you can lose all the money you invest.
