Ronin to migrate to Ethereum Layer 2 on May 12

Blockchain gaming project Ronin (RON) will migrate to become an Ethereum Layer 2 on May 12. The project announced on its official X account that while it launched in 2021 as an independent sidechain to meet the high-speed network demands of Axie Infinity (AXS), the decision to migrate was driven by the maturation of the Ethereum Layer 2 ecosystem. Ronin noted that the OP Stack has advanced to a level capable of handling millions of transactions per day.