Render Jumps 19% to $1.83 as Capital Rotates Into AI Tokens
- —Render gained 19% to $1.83, up 27% on the week and about 20% on the month
- —The Render Network has processed roughly 77 million rendered frames
- —About 1.16 million RENDER has been burned, permanently cutting supply
- —Grayscale assigned Render roughly 21% weight in its decentralized AI fund
Why it matters: The move reflects capital rotating into the AI sector, but Render remains about 87% below its all-time high, making this a rebound within a downtrend.
Source: CryptoTicker