Ronin Treasury is set to implement a major buyback initiative for its native token, RON, starting on September 29, 2025. This strategic decision underscores the organization's confidence in the token's future and aims to bolster its market value. The material points to an encouraging trend: increasing investor interest in RON as the buyback approaches.
Buyback Plan Overview
The buyback plan involves the conversion of 46 million RON, with all Ethereum (ETH) and USD Coin (USDC) holdings being transformed into RON. This process will be conducted entirely on-chain over a month-long period, ensuring transparency and traceability of transactions.
Expected Benefits
By reducing the overall supply of RON, the initiative is expected to enhance the token's liquidity and market presence. This move is anticipated to benefit a diverse group of RON holders, including:
- everyday Web3 gamers
- NFT collectors
as it may lead to an increase in the token's value and attractiveness in the market.
As the cryptocurrency landscape continues to evolve, particularly following the recent launch of mXRP by Midas and Axelar, attention is also turning to Texas, where significant advancements in Bitcoin mining are being made. This shift reflects a broader trend of integrating cryptocurrency initiatives with energy management, as previously reported initiatives highlight Texas's collaboration with the Electric Reliability Council of Texas (ERCOT) to utilize excess energy for Bitcoin mining. For more details on these developments, see our article on Texas's initiatives in the cryptocurrency mining landscape here.
