Jan 5, 2026
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RENDER Token Rises 74% in Seven Days Amid Increased Trading Activity
RENDER experienced a 74% increase over the past week, rising from $1.28 to $2.23 driven by higher AI token trading activity.
- The 24-hour trading volume reached $260.42 million, a 29.5% increase from the previous day.
- RENDER is currently valued near its seven-day high of $2.23 but remains below its March 2024 peak of $13.53.
- The market capitalization stands at $1.15 billion, ranking it 96th on CoinGecko.
Render Network functions as a decentralized GPU rendering network, connecting creators with unused computing power globally.
Analyst Insights
- @DamiDefi highlighted that RENDER's recent gains surpassed those of most AI-sector tokens over the previous year.
- @seth_fin noted a 67% gain from a recent entry point and mentioned real-world applications like a Vegas Sphere concert produced using Render's infrastructure.
Market Overview
- Derivatives data indicated $298.5 million in market liquidations within 24 hours, with shorts accounting for $215.57 million.
- The Fear & Greed Index rose slightly to 26, suggesting market fear.
- Overall market capitalization increased by 1.83% to $3.27 trillion.
- Bitcoin gained 2.46% over 24 hours and 6.87% over the week.
