Bitcoin NFTs surpass Ronin in all-time sales volume, achieving over $4.27 billion and climbing to third place behind Solana and Ethereum.
In this week’s newsletter, read about how non-fungible token (NFT) blockchain Ronin is preparing to launch a zero-knowledge Ethereum Virtual Machine (zkEVM) blockchain to scale Web3 gaming. Check out the success of Bitcoin-based NFTs, which have claimed the top three spot in all-time sales. In other news, find out more about the need for music in the metaverse in an exclusive Cointelegraph interview.
Gaming blockchain Ronin is launching Ronin zkEVM, a zero-knowledge layer-2 chain. This ZK chain aims to expand user capacity and support game studio partners.
Initially created for Axie Infinity, Ronin now supports a broader gaming ecosystem, boasting 1.4 million daily active addresses. Sky Mavis co-founder Jeff Zirlin stated the network is preparing for a situation when they have to cater to up to four billion daily transactions. The zkEVM chain will enhance scalability, cross-chain experiences and staking rewards.
