According to @bobbyong, Ronin RON, an L2 by Sky Mavis, has an approximate fully diluted valuation of $500M, source: @bobbyong on X, 2025-09-01. According to @bobbyong, Axie Infinity AXS, the flagship game token on Ronin, has an approximate fully diluted valuation of $660M, source: @bobbyong on X, 2025-09-01. According to @bobbyong, this places AXS at roughly 1.32 times RON’s FDV, quantifying a relative-value gap relevant to valuation-driven trading, source: @bobbyong on X, 2025-09-01. According to @bobbyong, the core question for traders is whether Axie is overpriced or Ronin is undervalued, with no additional catalysts or metrics provided, source: @bobbyong on X, 2025-09-01.

According to BitMEXResearch on Twitter, CryptoHayes and Ron have received significant recognition, which is being celebrated within the crypto trading community. This announcement highlights the continued influence of both individuals on the digital asset space, particularly for Bitcoin (BTC) traders. The positive sentiment generated by this news may result in increased trading activity and market confidence, as cited by BitMEXResearch.