Coinbase Halts RON Trading as Price Holds at $0.0839
Coinbase officially disabled trading for Ronin (RON) on March 30, 2026, as the gaming network enters the execution phase of its planned migration to an Ethereum Layer 2. The exchange has explicitly stated it will not support the migration on behalf of its customers. Users are now required to withdraw their RON tokens to a compatible self-custodial wallet before the upgrade is finalized to retain access to their assets. This action follows a warning issued on March 3 and a prior move to shift RONIN order books to limit-only mode.
The market's reaction to the trading suspension has been minimal, suggesting the event was already priced in by investors. At the time of the announcement, RONIN traded at approximately $0.0839, a decline of only 1.2% over the previous 24 hours. Trading volume held steady near $3 million, showing no significant sell-off or panic. This stability points to an informed market that had anticipated the operational changes since the project's roadmap was first outlined.
Ronin Targets Q2 2026 for L2 Upgrade, Joining Ecosystem Trend
The current migration is a key part of Ronin's strategic roadmap, first announced in 2025, to evolve from a specialized Ethereum sidechain for gaming into a general-purpose Layer 2 network. The upgrade aims to deliver higher transaction speeds, lower costs, and enhanced security by leveraging Ethereum's mainnet. This transition is designed to expand Ronin's utility beyond gaming into sectors like DeFi and consumer applications, with completion expected between the first and second quarters of 2026.
Ronin’s upgrade reflects a wider trend within the Ethereum ecosystem, where projects are increasingly adopting L2 solutions to scale. However, this shift also underscores the persistent challenge of network fragmentation, where L2s can operate as isolated silos. The manual migration demanded of Coinbase users highlights the friction that projects like the recently proposed Ethereum Economic Zone (EEZ) aim to solve. Such initiatives seek to create a more unified environment, improving interoperability and user experience across the growing landscape of Layer 2 networks.
