X @Ignas | DeFi

Industry Trends - The crypto industry is experiencing a dynamic period with the emergence of both Layer 1 (L1) and Layer 2 (L2) solutions [1] - The success of different scaling strategies (L1 vs L2) remains to be seen [1] Company Strategy & Technology - Ronin initially launched its own chain due to the high costs and slow speeds of Ethereum [1] - Ronin is now migrating back to Ethereum as an L2 solution [1] - Ronin's migration to an L2 is considered a positive development for both Ethereum ($ETH) and Ronin ($RON) [1] Market Dynamics - Ethereum's scaling solutions (L2s) have matured, making a return to Ethereum viable for Ronin [1][2] - Necessity drove Ronin to build its own network four years ago because Ethereum was still early in its scaling roadmap [1]