Ronin Network is the blockchain platform best known for powering Axie Infinity, and has announced plans to buy back Ron’s tokens from the Ministry of Finance.
With Ron trading at a low level, the move is intended to support token values. Many analysts hope that will spark a rally for Ron and inject momentum into its ecosystem.
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How will the buyback plan affect Ron Price?
From September 29, 2025, Ronin’s Treasury will use the full amount of 895 ETH (approximately $4 million) and 650,000 USDC to buy back Ron from the open market, according to an official statement. Buybacks represent about 1.3-2% of the circulation supply, or about 10 million rons.
The project’s co-founders described the move as “the first bullet in the chamber,” indicating a long-term campaign to strengthen the Ronin ecosystem and enhance the token value.
After the announcement, Ron’s price quickly rose 15% to $0.56. However, within 24 hours it fell below $0.50. A decline occurred as the broader market capitalization fell and Bitcoin showed signs of fatigue.
This price action highlighted the complexity of the market. Internal drivers can increase the tokens, but external pressures can quickly erase those benefits.
Analysts are optimistic about Ron’s long-term growth
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The announcement of the buyback sparked a new analysis of Ron, and sentiment became bullish.
Analyst Hydrese argued that buyback plans often increase the price of the token, especially when projects are consolidated for a long period of time.
“We have seen how well the revenue-generating tokens are doing this cycle with teams that bring that revenue back tokens… I start to accumulate about $0.48 and the needle should start moving quickly.
Recently, several cryptographic projects have adopted similar strategies. World Liberty Financial (linked to Trump) proposed assigning 100% liquidity fees to buybacks. Pump.Fun has repurchased more than $110 million in pump tokens. Defi projects such as Hyperliquid and Aave have also launched buyback initiatives.
Still, even buying back alone may not keep prices growing. Wide range of recruitment remains important.
Currently, 70% of Ronin’s activities come from Axie Infinity. However, the game’s monthly active users have not shown growth in recent months.
ActivePlayer data reveals that Axie Infinity monthly players have fallen from over 2.5 million in early 2022 to below 200,000 today. Ronin’s active addresses have dropped from over 2 million in July 2024 to just 300,000.
Ron could only achieve sustainable price growth if the buyback plan is tied to efforts to attract new players to the ecosystem.