Render has surged back to a 4-month high as demand for AI infrastructure has grown and the network’s on-chain activity has exploded.
Render Has Gone Up By More Than 30% Over The Past Week
While the rest of the cryptocurrency sector has found itself stuck in consolidation during the past week, Render is among the few tokens that have witnessed a breakout inside the window.
Below is a chart that shows how the altcoin’s recent performance has looked.
As is visible in the graph, RENDER was trading around $1.80 last Tuesday, but since then, it has shot up to $2.35. This represents an increase of more than 30% over the last seven days. The current value of the asset is the highest that it has been since January.
Now, what’s behind the run? There could be a multitude of factors involved here. To begin with, Render is unlike many other cryptocurrencies in that its network acts as a marketplace for a real-world commodity: GPU computing power. This decentralized platform conn
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