Pancake market report, today BTV reached a peak of 760000.

When that guy in the group asked, "Can AXS and RON still be used?" I was just laughing at the cross-chain bridge latency data. You may not know, but for scientists like us who are immersed in Etherscan and Flashbots all day, Ronin used to be a black hole—assets went in easily but came out with difficulty, and that sidechain logic was like two different species compared to the mainnet. To put it bluntly, I couldn't even be bothered to set up Optimism, let alone install a Ronin wallet. I'd rather miss out on those 20 points.

But things are different now. The day Ronin officially announced it would become zkEVM L2, my first reaction wasn't to check the TVL of Pixels, but to directly look at the blob fees after EIP-4844. Guess what? Based on the current calldata costs of the mainnet, a transaction gas fee on Ronin is roughly 1/50 of Ethereum L1. This doesn't even account for their own optimizations. The key point is—those ETH, USDC, and WETH in my wallet can be used directly without a cross-chain bridge, without needing to swap for RON as gas, just as smooth as switching from Uniswap V2 to V3. The disappearance of this psychological barrier, let me tell you, is even more enticing than airdrop expectations.

In the past, I didn't touch projects on Ronin for one core reason: the capital efficiency was too low. Think about it, I am running an arbitrage strategy on the mainnet with a stable annualized return of 30%. Why would I lock my money on a side chain and endure a 7-day withdrawal wait? That's not investment; that's charity. But now that Ronin has become an Ethereum L2, I can deploy contracts on the mainnet and directly trigger liquidation, arbitrage, and even do flash loans on Ronin. You heard that right — flash loans, the cross-layer kind.

I've already gone through this several times in my mind. Ronin has players who have genuinely fought monsters, bought land, and have faith in game assets — note, they are not just casual players but real people willing to pay $200 for a virtual sword. And we scientists have strategies, funds, and a nose for MEV. In the past, these two groups were separated by a cross-chain bridge, not interacting at all. Now it's different. In the same L2, farmers are mining in the fields while scientists are monitoring data from above. Do you think someone might come up with a protocol that allows game assets to generate income automatically? For example, you stake Axie's pets, and scientists use their rarity as collateral for a revolving loan?

I don't know exactly what it will look like, but I am already running it. I just finished modifying a bot that monitors the price difference on the Ronin DEX yesterday and found that there is a 0.8% arbitrage opportunity between RKF and RON in a certain pool, lasting a full three minutes — on the mainnet, 0.3% wouldn't last 10 seconds. What does that indicate? It indicates that scientists haven't entered the market on a large scale yet. Once we, this group of people, bring over the bots, front-running, and sandwich trading, then it will really be lively.

So don't keep staring at the daily active user counts of Pixels. That thing is just a facade; the real show is yet to come: when game assets on Ronin start to be used as financial toys by scientists, and when farmers realize that their equipment can automatically generate income — that will be when this chain truly takes off. I bet within six months, a batch of 'hybrid protocols' will emerge on Ronin that would leave even Vitalik stunned for three seconds. By then, don't be surprised if farmers and scientists are sitting at the same table, and maybe even NFT speculators, GameFi miners, and MEV bots all crowd together.

Anyway, I have already set up the testnet RPC. You guys can follow or not. @Pixels #pixel $PIXEL