Ronin, a gaming-centric Ethereum scaling network, continued its recent ascent early Wednesday, setting a new all-time high price to beat its previous record from 2022.

The RON token spiked to $4.45 early Monday, though it has since cooled slightly to $4.31 as of this writing, per data from CoinGecko. It’s still up 12% on the day, and the latest surge has pushed its seven-day gains to a whopping 53% following a weekend pump.

The previous all-time high Ronin price was $4.29, set in January 2022—before flagship game Axie Infinity lost traction and the network dealt with a $622 million exploit to its Ethereum mainnet bridge.

Ronin has more than doubled in price over the last three months due partly to the rise of Pixels, a social farming game built around NFTs and the PIXEL token. Pixels launched the token in February following multiple play-to-airdrop campaigns that drove hype around the game, but its daily active user count has only grown since then.

Ronin Adds 'Kaidro' Role-Playing Game Following 'Pixels' Ethereum Token Launch

Sky Mavis, creator of the Ronin blockchain and its Axie Infinity game, announced the next game that is coming to the Ethereum gaming sidechain: Kaidro, an anime-style role-playing game based on the webcomic of the same name by Gadget-Bot Productions. Originally planned to launch on Immutable X, another gaming-centric Ethereum scaling network, the Kaidro game will instead release exclusively on Ronin. Kaidro is set in a post-apocalyptic world where players battle enemies using mechs and magic. Te...

Along with continued support for Axie Infinity, the Ronin network is also onboarding more and more developers and games. One of those games, a role-playing adventure called Kaidro, announced that it will hold a free NFT mint beginning Wednesday.

Each Ronin wallet will be able to mint one free “crate” during a 24-hour period beginning at 9 pm ET. During that window, an unlimited number of NFT crates can be minted. NFT holders will also be able to claim a free in-game Kaidro character skin within Pixels.

PIXEL is also up nearly 32% this week after setting a new all-time high price over the weekend, while Axie Infinity’s AXS governance token has risen 26% over the past seven days.

Edited by Ryan Ozawa.