Why did the price of RENDER fall?

Render (RENDER) dropped 4.07% in the last 24 hours to $2.85, underperforming the overall crypto market, which fell by 1.13%. The main reasons include a cautious market mood driven by ETF outflows, negative technical signals, and ongoing concerns about how the token supply is managed.

1. ETF outflows create market caution – $756 million pulled out from ETFs on October 14, shaking altcoins
2. Technical indicators show weakness – Price fell below key moving averages, and momentum indicators suggest overselling
3. Supply issues raise questions – Despite some tokens being burned, new tokens are still minted, causing supply concerns

Deep Dive

1. ETF Outflows Weaken Altcoins

What happened: Bitcoin and Ethereum ETFs saw a combined $756 million withdrawn on October 14, the largest single-day outflow since July 2025. This reduced liquidity, hitting riskier assets like RENDER the hardest.

Why it matters:

• These ETF withdrawals suggest institutional investors are taking profits after a strong crypto rally in Q3.
• RENDER’s price movement became closely tied to Bitcoin’s, with a 0.89 correlation in the last 24 hours, increasing its downside risk.
• The market’s fear level (measured by the CoinMarketCap Fear & Greed Index at 37) shows investors prefer safer assets like Bitcoin over altcoins.

What to watch: Upcoming U.S. Producer Price Index (PPI) data could influence whether this cautious mood continues.

2. Technical Analysis Points to a Downtrend

Current status: RENDER’s price fell below its 30-day simple moving average ($3.45) and 200-day exponential moving average ($3.99), signaling weakness. Other technical indicators include:

• RSI (Relative Strength Index) at 41.15: Neutral but trending downward, indicating weakening momentum.
• MACD (Moving Average Convergence Divergence): Negative and expanding, confirming bearish momentum.
• Support level: $2.84, which corresponds to the 38.2% Fibonacci retracement from the 2025 high.

What this means: Traders are selling on breakdowns, while buyers are waiting for clearer signs. The $2.65 to $2.85 price range represents a significant cost basis for 23% of current holders, so a drop below this could trigger more selling.

3. Token Supply Dynamics Under Scrutiny

Background: RENDER uses a system where new tokens are minted monthly to reward network participants, while some tokens are burned to reduce supply.

• About 2.1 million RENDER tokens are minted each month for node rewards and grants.
• In July, the equivalent of 207,900 USDC worth of tokens were burned.

Implications:

• There is a net increase in supply of roughly 1.8 million RENDER tokens per month, which can pressure the price if demand is weak.
• Supporters believe token burns could increase as adoption grows in industries like Hollywood and gaming (e.g., integration with Blender software).
• Critics point out that the circulating supply has still grown by 4.2% year-to-date, despite the price decline.

Conclusion

RENDER’s recent price drop reflects broader crypto market challenges, intensified by its position as a mid-sized altcoin. The network fundamentals remain solid, with over 500,000 users and 4,000 nodes. Traders are watching for either: 1) Bitcoin stabilizing above $115,000 to boost market confidence, or 2) a clear break below the $2.84 support level, which could push prices down to $2.50.

Key event to watch: Whether RENDER can hold above the 38.2% Fibonacci support at $2.84 during Thursday’s U.S. Consumer Price Index (CPI) report. Falling below this level might trigger automated selling.

What could affect the price of RENDER?

Render’s price is balancing between growing interest in AI and pressures from token supply.

1. AI and Decentralized Compute Growth – More demand for decentralized GPU power in AI and 3D rendering
2. Tokenomics Changes – Token burning and minting, plus moving to Solana, are changing supply dynamics
3. Market Factors – Competition and low liquidity in altcoins affect price stability

In-Depth Look

1. AI & Decentralized Compute Demand (Positive Influence)

Overview:
Render’s GPU network is being used more for AI tasks, 3D rendering, and metaverse projects. Over 61 million frames have been processed as of October 2025 (Render Dashboard). Partnerships with companies like NVIDIA and Hollywood studios (such as Sphere Vegas visuals) show real-world use cases.

What this means:
As AI workloads increase, more RENDER tokens are burned (used to pay for services), which reduces the number of tokens available in the market. Moving the network to Solana in 2023 cut transaction fees by 99%, making Render more competitive compared to big cloud providers like AWS and Google Cloud.

2. Tokenomics & Governance Risks (Mixed Impact)

Overview:
Render uses a system where tokens are burned when artists pay for rendering jobs, and new tokens are minted as rewards for node operators who provide computing power. The foundation also burns tokens regularly (for example, $207,900 worth of USDC was burned in July 2025), and governance decisions (like proposal RNP-018) affect token supply.

What this means:
Higher demand for rendering can reduce token supply, which is good for price. However, the steady minting of new tokens to reward nodes (about 15,000 RENDER per week) could balance out those burns. Delays in technical upgrades, such as retiring the old Polygon contract in July 2025, could cause issues with token management.

3. Altcoin Liquidity & Competition (Potential Downside)

Overview:
Render competes with other decentralized computing projects like Akash Network and io.net, which also offer GPU resources. The crypto market’s “Altcoin Season Index” is at 37 out of 100 as of October 2025, indicating cautious investor interest in mid-sized coins.

What this means:
RENDER’s 24-hour trading volume ratio (0.0709) shows limited liquidity, which can lead to bigger price swings. If Bitcoin continues to dominate the market (currently 58.56% dominance), investors might prefer Bitcoin over AI and decentralized infrastructure tokens like RENDER.

Conclusion

Render’s price depends on the balance between AI-driven token burns and inflation from node rewards, all while facing a cautious crypto market. Keep an eye on Q4 2025 network usage—if GPU jobs consistently exceed 1.5 million per month, it could mean demand is outpacing supply. Also, watch whether Solana’s fast network helps Render stay ahead of centralized cloud providers.

What are people saying about RENDER?

The Render (RENDER) community is divided between hopes for a price breakout and concerns from past delisting events, while partnerships in artificial intelligence (AI) hint at potential long-term growth. Here’s what’s currently trending:

1. Traders are debating whether RENDER will break above $3.30 or test support at $4.00.
2. Confusion over Coinbase delisting sparked a sell-off, followed by calls to “buy the fear, uncertainty, and doubt (FUD).”
3. Render Network’s upcoming appearance at SIGGRAPH 2025 is fueling excitement around its AI capabilities.

Deep Dive

1. @CryptoTA: Testing $3.30 Breakout Zone – Bullish

“RENDER holds above $3.14 support; breakout to $3.40 likely if volume surges.”
– @CryptoTA (12.4K followers · 85K impressions · July 5, 2025, 07:01 UTC)
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What this means: This is a positive sign for RENDER. Staying above $3.14 and increasing trading volume could lead to an 8% price increase toward $3.40, suggesting investors are accumulating the coin.

2. @BearTrapAlerts: $4.00 Support Under Pressure – Bearish

“Break below 4.00 could trigger 3% drop to $3.97.”
– @BearTrapAlerts (8.7K followers · 42K impressions · August 10, 2025, 05:22 UTC)
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What this means: This is a short-term warning. If the price falls below $4.00, it could drop another 3% to $3.97. However, the Relative Strength Index (RSI) of 38.9 suggests the coin might be oversold, which could limit further declines.

3. @rendernetwork: SIGGRAPH 2025 AI Demo – Mixed Outlook

“Showcasing AI tools at SIGGRAPH with NVIDIA, targeting Hollywood GPU workflows.”
– @rendernetwork (286K followers · 2.1M impressions · August 19, 2025, 18:07 UTC)
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What this means: This is a cautiously optimistic sign for the long term. Render’s collaboration with NVIDIA and focus on Hollywood’s graphics processing unit (GPU) workflows could increase its real-world use. However, competition from other AI projects like TAO and AKT may limit immediate gains.

Conclusion

Opinions on RENDER are mixed. Technical traders are watching the $3 to $4 price range closely, while foundational growth in AI rendering offers a promising outlook. Keep an eye on the $3.14 support level and announcements from SIGGRAPH. If RENDER holds above this support and continues to grow its GPU client base, it could strengthen the case for its role in decentralized physical infrastructure networks (DePIN). The key question remains: will Render’s focus on Hollywood and AI applications help it overcome the volatility caused by exchange listings and delistings?

What is the latest news about RENDER?

Render is capitalizing on the growing interest in AI and expanding its decentralized computing network, even as the market faces some challenges. Here are the key updates:

1. AI Token Rally (October 13, 2025) – RENDER’s price jumped 21% thanks to increased demand for AI and decentralized computing tokens.
2. Compute Network Trial Phase (August 7, 2025) – U.S.-based node operators started testing Render’s AI computing network.
3. Bounty Platform Launch (July 24, 2025) – Community members can now earn RENDER tokens by contributing to the ecosystem.

Deep Dive

1. AI Token Rally (October 13, 2025)

Overview:
On October 13, RENDER’s price rose 21% to $2.87, driven by renewed interest in decentralized GPU computing and AI-related tokens. This increase happened alongside a big surge in Synthetix (up 130%), although RENDER’s gain was smaller compared to some competitors like Bittensor, which rose 30%. Market analysts pointed out that the buying activity was supported by solid trading volume and cautious use of leverage, indicating a healthy and sustainable rally.

What this means:
This price jump is a positive sign for RENDER, showing strong demand for decentralized computing power as AI adoption grows. However, the token is still 29% below its peak price of $4.05 from July 2025, reflecting ongoing market challenges. Continued demand for GPU rendering and partnerships, such as integration with Blender (a popular 3D software), could help push the price higher. (Yahoo Finance)

2. Compute Network Trial Phase (August 7, 2025)

Overview:
Render started onboarding node operators in the U.S. to test its decentralized AI computing network. These operators mainly use NVIDIA RTX 5090 GPUs and earn RENDER tokens by keeping their nodes online and completing tasks like machine learning inference. Early reports show about 70% uptime during these initial tests.

What this means:
This development is cautiously optimistic for Render, as it expands the platform’s use beyond 3D rendering into AI computing. The success of this phase depends on how well node operators stay engaged and how diverse the computing tasks become. Challenges include competition from big centralized cloud providers and potential technical issues. (Render Network)

3. Bounty Platform Launch (July 24, 2025)

Overview:
Render introduced a bounty program that rewards community members with RENDER tokens for completing tasks such as improving code, creating tutorials, and moderating forums. The initial focus is on developer tools and network documentation.

What this means:
This is a positive move for the long-term growth of the Render ecosystem, encouraging decentralized contributions. However, the tokens given out as bounties (regulated by RNP-018) could slightly increase the total token supply unless balanced by token burns from rendering activities. (Render Network)

Conclusion

Render’s recent price gains linked to AI and its expanding infrastructure show its growing role in decentralized computing and GPU marketplaces. While short-term price movements still depend on the overall crypto market, the shift toward AI workloads could open new opportunities. The key question is whether rewards for node operators will grow faster than any token supply increases as the Compute Network scales.

What is expected in the development of RENDER?

Render’s roadmap centers on community-led governance, expanding AI and GPU computing, and growing its ecosystem.

1. Blender Conference (October 23–25, 2025) – Demonstrating decentralized GPU rendering for Blender users.
2. Compute Network Expansion (Q4 2025) – Growing AI and machine learning workloads worldwide after a successful U.S. trial.
3. RNP-020 Governance Vote (Date TBD) – A proposal coming soon to adjust token emissions.

Deep Dive

1. Blender Conference (October 23–25, 2025)

Overview: Render will take part in the Blender Conference, aiming to strengthen its connection with Blender, a popular open-source 3D design software. The goal is to make decentralized GPU rendering easier for Blender artists.
What this means: This is positive for RENDER adoption because integrating more closely with Blender’s large community (over 4 million users) could bring in new users. However, there is competition from centralized cloud services that offer similar rendering solutions.

2. Compute Network Expansion (Q4 2025)

Overview: After testing node operators in the U.S. for AI processing in July 2025, Render plans to expand its decentralized computing network globally. The trial rendered 1.49 million frames and burned 207,900 USDC (July 2025 report).
What this means: This is cautiously optimistic. Expanding AI and machine learning tasks beyond just 3D rendering could open new opportunities. Success depends on how many node operators join and how well the technology performs.

3. RNP-020 Governance Vote (Date TBD)

Overview: Render Network Proposals (RNPs) guide changes to the protocol. In June 2025, RNP-018 adjusted rewards for node operators. RNP-020, expected later in 2025, may further tweak token economics.
What this means: This could be negative if it leads to too many tokens being released, lowering value. But it could be positive if it balances supply and demand through the Burn-Mint Equilibrium model. The community’s reaction will be important.

Conclusion

Render’s roadmap focuses on building partnerships like with Blender, growing AI computing capabilities, and supporting decentralized governance. While there are risks in execution, the project’s emphasis on practical GPU use fits well with the growing need for decentralized computing power. The key question is whether community-driven governance can keep pace with big centralized players like AWS.

What updates are there in the RENDER code base?

Render’s development focuses on moving to a new blockchain, improving token management, and strengthening network security.

1. Solana Migration Completed (2023–2025) – Switched from Ethereum to Solana for faster and cheaper transactions.
2. Old Polygon Contract Phased Out (July 2025) – Disabled insecure RNDR-Polygon tokens after a security breach.
3. Burn-and-Mint Equilibrium (BME) Model Introduced (2025) – New system balancing token burning and creation to support network growth.

In-Depth Look

1. Solana Migration Completed (2023–2025)

What happened: Render moved its operations from Ethereum to Solana to lower transaction fees and improve speed. This change helps with decentralized GPU rendering and AI tasks.

The migration was approved through community votes (RNP-002, RNP-006) and involved rewriting smart contracts to fit Solana’s token standards. Now, users and node operators experience faster transaction confirmations and lower costs.

Why it matters: This is positive for RENDER because Solana’s fast processing supports frequent rendering jobs and AI workloads, expanding what the network can do. (Source)

2. Old Polygon Contract Phased Out (July 2025)

What happened: Render stopped using its old RNDR contract on the Polygon blockchain after unauthorized access was detected. Token holders were asked to switch to the new Solana-based RENDER tokens.

Trading of RNDR on Polygon was disabled, and a 1:1 token migration tool was provided. Only wallets holding RNDR on Polygon during a specific snapshot could participate.

Why it matters: This is neutral for RENDER. It fixes security issues but temporarily affects liquidity for those holding the old tokens. (Source)

3. Burn-and-Mint Equilibrium (BME) Model Introduced (2025)

What happened: Render launched the BME model to manage token supply dynamically. When artists get paid, RENDER tokens are burned (removed from circulation), and node operators earn new tokens.

Community proposals (RNP-018) set rules for how many tokens are created for grants, rewards, and operations. In July 2025, over 207,000 USDC worth of tokens were burned.

Why it matters: This is positive for RENDER because burning tokens reduces selling pressure, while rewarding participants encourages network growth. (Source)

Conclusion

Render’s updates focus on improving speed and scalability with Solana, enhancing security by retiring the Polygon contract, and creating sustainable token economics through the BME model. These changes support Render’s goal to meet growing AI and GPU computing needs. The big question: How will adopting Solana’s ecosystem speed up Render’s decentralized infrastructure growth?