‘Axie Infinity’ Gaming Network Ronin Sets Date for Ethereum Layer-2 Migration

In brief

• The Ronin blockchain will migrate to Ethereum layer-2 on May 12 after four years as a sidechain.
• RON token inflation will drop dramatically from over 20% to less than 1%.
• Ronin’s token is down nearly 98% from peak, reflecting flagging momentum across the crypto gaming industry.