The RON buybacks have removed 1.5% of all RON from supply and are now finished for the moment. Controlling supply will be so important from now on. How do we know this? Well, RON bottomed at around a 25 M USD market cap back in 2022. The current market cap is 236 M. This means that there's about 10x the amount of capital allocated to RON since the bottom, yet price is not up 10x. The good news is that as Ronin enters it's 5th year, the unlocks and inflation rate are set to dramatically drop from this point forward.(Jihoz.ron)