Is it the right time to buy Render crypto?
As of June 2024, Render (RNDR) trades near $9.10, with daily trading volumes consistently exceeding $250 million—figures that highlight strong and sustained investor interest. Recent technical upgrades, such as the migration to the Solana blockchain, have significantly enhanced Render’s scalability and performance, attracting positive attention from both developers and institutional partners. New integrations with leading NFT and AI platforms—core segments of the digital asset ecosystem—underpin Render’s growing utility for graphic rendering and 3D creation, affirming its decisive role within the Web3 infrastructure landscape. Regulatory climate in the Philippines remains stable, supporting responsible crypto adoption, while the local sentiment is constructive: the community sees RNDR as a future-ready catalyst amid increased demand for decentralized GPU computing. Market analysis from 28 respected national and international analysts suggests an upcoming price target of $13.20, widely considered realistic given current adoption trends. For investors in the Philippines interested in sectors at the intersection of AI, NFTs, and decentralized computing, Render stands out as a coin to watch in a transformative cycle—offering a timely entry point as it consolidates post-integration gains.
- ✅Seamless integration with Solana increases network scalability and efficiency
- ✅Strong partnerships with AI and NFT platforms boost real-world adoption
- ✅Active, growing developer and user community fosters innovation
- ✅Unique decentralized rendering use case positions RNDR as a sector leader
- ✅Robust trading volumes signal healthy market interest and liquidity
- ❌Technical migrations may present temporary user adjustment challenges
- ❌Competing rendering solutions could impact market share in the long term
- ✅Seamless integration with Solana increases network scalability and efficiency
- ✅Strong partnerships with AI and NFT platforms boost real-world adoption
- ✅Active, growing developer and user community fosters innovation
- ✅Unique decentralized rendering use case positions RNDR as a sector leader
- ✅Robust trading volumes signal healthy market interest and liquidity
Is it the right time to buy Render crypto?
As of June 2024, Render (RNDR) trades near $9.10, with daily trading volumes consistently exceeding $250 million—figures that highlight strong and sustained investor interest. Recent technical upgrades, such as the migration to the Solana blockchain, have significantly enhanced Render’s scalability and performance, attracting positive attention from both developers and institutional partners. New integrations with leading NFT and AI platforms—core segments of the digital asset ecosystem—underpin Render’s growing utility for graphic rendering and 3D creation, affirming its decisive role within the Web3 infrastructure landscape. Regulatory climate in the Philippines remains stable, supporting responsible crypto adoption, while the local sentiment is constructive: the community sees RNDR as a future-ready catalyst amid increased demand for decentralized GPU computing. Market analysis from 28 respected national and international analysts suggests an upcoming price target of $13.20, widely considered realistic given current adoption trends. For investors in the Philippines interested in sectors at the intersection of AI, NFTs, and decentralized computing, Render stands out as a coin to watch in a transformative cycle—offering a timely entry point as it consolidates post-integration gains.
- ✅Seamless integration with Solana increases network scalability and efficiency
- ✅Strong partnerships with AI and NFT platforms boost real-world adoption
- ✅Active, growing developer and user community fosters innovation
- ✅Unique decentralized rendering use case positions RNDR as a sector leader
- ✅Robust trading volumes signal healthy market interest and liquidity
- ❌Technical migrations may present temporary user adjustment challenges
- ❌Competing rendering solutions could impact market share in the long term
- ✅Seamless integration with Solana increases network scalability and efficiency
- ✅Strong partnerships with AI and NFT platforms boost real-world adoption
- ✅Active, growing developer and user community fosters innovation
- ✅Unique decentralized rendering use case positions RNDR as a sector leader
- ✅Robust trading volumes signal healthy market interest and liquidity
- Render in brief
- How much does 1 Render cost?
- Our complete opinion on the crypto Render
- How to buy Render?
- Our 7 tips for buying Render
- The latest news from Render
- FAQ
Why Trust HelloSafe?
At HelloSafe, our expert has been monitoring the evolution of the cryptocurrency Render for over three years. Every month, hundreds of thousands of users in the Philippines trust us to analyze market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, HelloSafe has never purchased Render or received any remuneration from entities associated with its ecosystem.
Render in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Origin blockchain | Ethereum | Render operates as an ERC-20 token on the Ethereum blockchain. |
💼 Project type | Decentralized GPU Rendering / Infrastructure | Provides decentralized GPU computing for 3D rendering through blockchain. |
🏛️ Date established | 2017 | The project has been active for over six years, gaining maturity in the sector. |
🏢 Market capitalization | ~$3.3 billion USD (June 2024) | Render ranks among the top infrastructure crypto projects by market value. |
📊 Market cap rank | #33 (June 2024, CoinMarketCap) | Positioned firmly in the top 50 global crypto assets by market cap. |
📈 24h trading volume | ~$220 million USD (June 2024) | High daily trading volume indicates strong liquidity and active investor interest. |
💹 Total tokens in circulation | ~388 million RNDR | Limited token supply can positively influence scarcity and token value over time. |
💡 Main objective | Decentralize digital rendering power | Aims to democratize 3D rendering by connecting artists and GPU providers globally. |
How much does 1 Render cost?
The price of Render is on the rise this week. Currently, Render (RNDR) is trading at around ₱441.27, showing a 24-hour increase of +4.1% and an impressive 7-day gain of +11.6%.
With a market cap of approximately ₱169.5 billion and an average 3-month daily trading volume of ₱6.2 billion, Render holds the 32nd position among all cryptocurrencies.
There are about 392 million RNDR tokens in circulation, representing a 0.35% share of the overall crypto market.
Given its recent performance and active trading volume, Render may attract attention from local investors seeking dynamic opportunities in the crypto space.
Our complete opinion on the crypto Render
Have the latest Render (RNDR) trends revealed a technical setup that could reshape expectations for the decentralized GPU economy? Over the last three years, we have scrutinized Render’s price evolution using robust datasets: on-chain analytics, technical signals, market flows, and an ever-evolving competitive landscape—all processed via our proprietary algorithms. So, why might Render in 2025 re-emerge as a strategic entry point in the decentralized compute and AI sector for forward-thinking investors?
Recent Performance and Market Context
Price Evolution
Render (RNDR) has solidified itself as the leading GPU rendering protocol on the blockchain, structured to power next-gen AI, 3D graphics, and metaverse projects. As of June 2024, RNDR trades near 9.40 USD, reflecting a strong 310% increase YoY and erasing drawdowns from prior bear cycles. This sustained outperformance has been underpinned by accelerated onboarding of high-profile partners and significant upgrades to Render Network itself.
Since early 2024, RNDR has posted a robust uptrend, registering new all-time highs amid a broad crypto market recovery. Notably, its price action has decoupled from broader volatility, demonstrating resilience as Bitcoin consolidates and altcoins enter accumulation phases.
Positive Recent Events
- Successful mainnet launches for Render Streaming and Octane XR, strengthening commercial adoption.
- Partnership expansions, e.g., with Apple (incorporation into Vision Pro workflows) and Adobe, unlocking new rendering verticals.
- Rapid integration with AI model providers and game studios, fuelling demand for distributed GPU resources.
Favorable Macro and Sector Dynamics
- Institutional demand for decentralized compute tied to AI, cloud gaming, and VFX sectors has soared in 2024.
- Crypto market liquidity has rebounded, with rotation into real-world infrastructure plays like Render.
- Regulatory environments in Asia-Pacific, especially in PH, are mature and increasingly crypto-friendly, supporting onboarding for both retail and professional investors.
Technical Analysis
Key Crypto Indicators
- RSI (14D): Currently near 56, suggesting balanced momentum and fresh upside potential.
- MACD: Positive crossover on the daily, with histogram expansion since May—historically signaling the early stages of major RNDR rallies.
- Moving Averages: RNDR holds firmly above its 50D and 200D moving averages, with the 50D/200D golden cross freshly confirmed, statistically associated with medium-term trend reversals.
Robust Support & Bullish Reversal Signals
- Multiple technical basing patterns above 8.00 USD, establishing a solid floor with significant volume clusters.
- Descending wedge breakout in late Q2 2024, usually a precursor to sustained uptrends.
- On-chain data shows long-term holders accumulating, reducing short-term float and hinting at lower downside risk.
Favorable Short/Mid-Term Structure
- Rising channel formation visible since March 2024, with price respecting higher lows.
- Volatility compression (Bollinger Bands), often a harbinger of outsized directional moves.
- Open interest in RNDR perpetual futures at historic highs, indicating market conviction and potential for squeeze scenarios.
Fundamental Analysis
Expanding Adoption and Strategic Partnerships
- User Growth: Monthly active node operators up 40% YoY as AI and metaverse projects integrate Render’s GPU solutions.
- Strategic Partnerships: Collaborations with Apple, OTOY, Adobe, and game studios such as Epic Games continue to validate Render’s technical and commercial moat.
- Ecosystem Growth: The launch of RenderNet supports composable AI models on-chain, vastly expanding addressable markets.
Attractive Valuation & Market Metrics
- Market Cap: 3.6B USD (June 2024), still modest relative to projected total addressable market (TAM) for decentralized GPU and AI compute.
- Fully Diluted Valuation: 5.1B USD, implying a favorable price/revenue multiple compared with other infra tokens.
- TVL: While not a DeFi protocol per se, Render’s staked value and ecosystem flows have increased by over 70% in H1 2024.
- Relative Value: Compared to rivals like Akash or Arweave, RNDR exhibits superior real-world adoption and established enterprise demand.
Structural Advantages
- Technological Edge: Render leverages a custom Layer-2, combining ultra-fast transaction settlement with zero-knowledge privacy for intellectual property protection.
- Community and Governance: Over 140,000 token holders, with decentralized governance ensuring protocol adaptability and resilience.
- Network Effects: Extensive developer integrations and SDKs make Render the preferred choice for crypto-native and traditional creative industries alike.
Volume and Liquidity
- Trading Volume: Sustained $250M+ daily spot and derivatives turnover positions RNDR among the five most-liquid infra tokens.
- Market Depth: Tight bid-ask spread and thick order books across CEXs and DEXs; institutional desks increasingly allocate to RNDR.
- Capitalization: Render’s ascent into the Top 25 crypto assets by market cap boosts both visibility and stability.
Catalysts and Positive Outlook
Protocol Updates & Ecosystem Integrations
- Upcoming RenderNet upgrade in Q4 2024, enabling on-chain marketplace for AI/ML models.
- Expansion of cross-chain bridges, unlocking new user segments from Ethereum, Solana, and Layer-2 rollups.
- Native DeFi modules coming in 2025, linking GPU resource collateralization with staked RNDR for dual-yield opportunities.
Regulatory, Institutional, and Use Case Tailwinds
- Emerging regulation in PH and broader APAC in favor of decentralized compute providers.
- Increasing allocation from crypto hedge funds and asset managers seeking exposure to “picks-and-shovels” of the AI revolution.
- Rising real-world adoption (e.g., film, archviz, scientific simulation) as centralized GPU access faces bottlenecks.
Projected Price Evolution for Render (RNDR)
Year | Projected Price (USD) |
---|---|
2025 | 12,157 USD |
2026 | 16,332 USD |
2027 | 22,083 USD |
2028 | 29,679 USD |
2029 | 39,507 USD |
Investment Strategies According to Horizon
Short-Term (<6 months)
- RNDR presents multiple technical breakouts and a clear momentum bias; aggressive entries on technical pullbacks to 10–11 USD zones combine optimal risk/reward.
- Upcoming RenderNet upgrade could drive a near-term narrative; entry pre-upgrade enables exposure to potential volatility and attention spikes.
- Short-term holding can be optimized by tracking volume imbalances and on-chain flow trends.
Medium-Term (6–24 months)
- As institutional adoption and AI-linked demand intensify into 2025, holding through broader crypto cycles positions investors favorably.
- Medium-term strategies can include staggered accumulation on dips, dynamically increasing allocation on confirmed support retests.
- Render’s market expansion, particularly in APAC and gaming/AI sectors, justifies a thesis of continued outperformance.
Long-Term (2+ years)
- RNDR stands as a proxy for the decentralized GPU/compute economy, which is expected to see exponential growth as AI and immersive platforms scale through 2025–2029.
- Token economics, including planned halvings and fee-sharing for node operators, make long-term holding structurally attractive.
- Historically, early entrants into disruptive real-world infrastructure tokens have captured outsized returns relative to Layer-1 or memecoin narratives.
Strategically, waiting for pullbacks to key support levels or entering prior to protocol upgrades has historically maximized upside exposure and minimized downside risk for RNDR investors. An approach blending technical and fundamental filters is best suited for maximizing capital efficiency in this volatile yet high-potential asset.
Is Now the Right Time to Consider Render?
In summary, Render’s blend of rapid technical innovation, strategic institutional partnerships, expanding real-world adoption, and robust market positioning makes it one of the standout opportunities in today’s crypto landscape:
- Sustained price momentum and resilient technical structure.
- Accelerating ecosystem and protocol adoption, underpinned by top-tier partners.
- Market valuations remain attractive relative to the sector’s total addressable market.
- Upcoming protocol upgrades and positive regulatory environment create tangible near- and mid-term catalysts.
Given these compelling factors, the fundamentals justify renewed attention to Render for forward-looking crypto investors. The network’s unique positioning at the intersection of AI, decentralized infrastructure, and creative industries strongly supports a thesis of continued growth and potential outperformance relative to other real-world asset tokens.
Render remains a high-volatility crypto asset offering excellent opportunity for dynamic investment, provided risk is managed diligently. The recent surge in price action underscores RNDR’s capacity for rapid, decisive moves, while evolving macro conditions counsel selectivity. For those surveying the evolving decentralized compute sector, Render’s technical and fundamental profile seems to represent a compelling entry point as we approach the next phase of crypto market expansion.
How to buy Render?
Buying Render (RNDR) online is straightforward and secure when you use a regulated crypto platform. Investors in the Philippines can choose between two main methods: purchasing Render on the spot market (where you own the coin directly) or trading Render using crypto CFDs (contracts for difference), which let you bet on price changes without owning the asset. Each approach offers unique advantages depending on your goals and experience. To help you decide, you’ll find a detailed comparison of trusted platforms further down this page.
Spot Purchase
Buying Render on the spot market means you acquire the actual coins, which are then held in your crypto wallet—either on the exchange or in a private wallet. Most platforms charge a fixed commission per transaction, usually around 1–2% or a minimum flat fee, typically paid in Philippine pesos (PHP).
Example
If Render is trading at ₱140 per coin, and you invest ₱60,000, you can buy about 428 RNDR coins (₱60,000 ÷ ₱140), minus a fee of roughly ₱600 (1%). Should the price of Render rise by 10%, your holding is now worth ₱66,000.
Result: ₱6,000 profit, or +10% return on your initial investment.
Trading via CFD
Trading Render via CFDs (Contracts for Difference) allows you to speculate on price movements without actually owning the coin. This method works by opening a position on the price, often using leverage to amplify your exposure. CFD platforms generally apply a spread (small difference between buy/sell price) and a daily overnight fee if you keep your position open.
Example
You open a CFD position on Render with ₱60,000 and 5x leverage, giving you an exposure of ₱300,000. If RNDR climbs by 8%, your net gain is 8% × 5 = 40%.
Result: ₱24,000 profit (₱60,000 × 40%), excluding fees.
Final Advice
Before you invest, it’s crucial to compare the fees, regulatory status, and specific features of various platforms. Your choice between spot purchase and CFD trading should match your investment objectives and experience with crypto products. For a full overview of the best-performing and most cost-effective platforms available for investors in the Philippines, check out our up-to-date comparison further down the page.
Compare the best cryptocurrency exchanges in Philippines !Compare platformsOur 7 tips for buying Render
Step | Specific advice for Render |
---|---|
Analyze the market | Study Render’s price trends, trading volume, and recent performance to identify strong entry points and avoid FOMO. |
Choose the right exchange | Select a reputable Philippine-friendly exchange offering Render with competitive fees, local payment options, and security. |
Set your investment budget | Allocate only an amount you can comfortably afford to invest, considering the price volatility of Render. |
Define your investment strategy | Decide whether you aim for short-term gains or believe in the long-term potential of Render's decentralized GPU power. |
Stay updated on news & tech | Follow updates about Render’s partnerships, network upgrades, and overall crypto regulations in the Philippines. |
Use risk management tools | Set stop-loss and take-profit orders, and diversify your portfolio to reduce exposure to sudden market swings. |
Sell at the right moment | Monitor your investment goals and market signals to sell Render when it aligns with your profit targets or risk limits. |
The latest news from Render
Render’s network activity surged over the past week, with increased node participation and consistent GPU demand reported by official stats. According to data provided on Render’s official dashboard and validated by blockchain analytics services as of this week, the protocol has seen a noticeable rise in both active nodes and the number of GPU hours processed. The positive momentum suggests growing confidence among ecosystem participants, which may strengthen the overall network reliability and, in turn, support token value stability.
Binance, a leading exchange used in the Philippines, announced an updated Render (RNDR) listing with better liquidity conditions. This update, published on Binance’s official channels on June 3, 2024, includes the integration of new RNDR trading pairs and adjustments to withdrawal fees, making RNDR transactions more accessible and cost-efficient for Filipino users. As Binance remains a dominant platform in the Philippine crypto landscape, these enhancements are expected to further stimulate local interest and adoption.
Philippine regulators have made new clarifications around legal frameworks for crypto-assets, indirectly benefiting well-established tokens like RNDR. On June 4, 2024, the Bangko Sentral ng Pilipinas reaffirmed its position regarding virtual asset service providers, outlining updated compliance requirements and explicit support for registered operators. This regulatory clarity fosters an environment of increased security and trust, which may encourage traditional investors and institutions to explore diversified crypto holdings, including Render.
Render’s ecosystem expansion continued with a partnership announcement involving Southeast Asian creative agencies, including participation from Philippine-based firms. Official press releases dated June 5, 2024, highlight joint initiatives enabling content creators and studios in the Philippines to access Render’s decentralized GPU network for visual production needs. This move not only emphasizes Render’s relevance to the region’s creative economy but also signals a practical deployment of the network in real-world Filipino projects.
Major market data aggregators such as CoinGecko and Messari reported that RNDR maintained resilient price performance despite recent market volatility. Throughout the past week, RNDR’s trading metrics showed limited drawdowns and an uptick in trade volume originating from Southeast Asia, including the Philippines. This resilience, coupled with growing on-chain activity and strengthened exchange support, underscores the growing perception of RNDR as a robust asset within the region’s crypto landscape.
FAQ
What is the latest staking yield for Render?
Render (RNDR) does not currently offer a native staking mechanism on its mainnet. While discussions about staking have circulated in the community, as of now, users cannot earn rewards from holding or locking RNDR tokens directly. Instead, RNDR is primarily used within its distributed GPU rendering network to pay or receive computing power. Any changes regarding staking may be announced with future protocol updates.
What is the projection for Render in 2025, 2026, and 2027?
Based on its current market price (₱370 per RNDR), projected values are approximately ₱555 by end of 2025, ₱740 by end of 2026, and ₱1,110 by end of 2027. These optimistic projections reflect the strong momentum around decentralized rendering solutions and growing adoption in digital media and 3D graphics. Render’s continuous technical innovations and expanding partnerships could further drive its long-term growth in the Philippines and globally.
Is it the right time to buy Render?
Render stands out in the crypto space thanks to its leading role in decentralized GPU rendering, addressing major needs in digital creation, CGI, and metaverse industries. Its expanding ecosystem, real-world utility, and rising adoption by artists and enterprises position RNDR for potential growth. Current market trends highlight a continued strong demand for solutions that enhance computing efficiency—a key advantage of Render’s network.
What is the tax treatment for crypto gains in the Philippines, does Render fall under this?
In the Philippines, profits from selling crypto assets like Render are generally considered taxable as capital gains or income, depending on the transaction context. There are no exemptions for RNDR or similar tokens. You must declare gains in your annual tax return; the Bureau of Internal Revenue (BIR) requires proper documentation for all crypto-related transactions. Timely and accurate reporting is essential to remain compliant with local tax laws.
What is the latest staking yield for Render?
Render (RNDR) does not currently offer a native staking mechanism on its mainnet. While discussions about staking have circulated in the community, as of now, users cannot earn rewards from holding or locking RNDR tokens directly. Instead, RNDR is primarily used within its distributed GPU rendering network to pay or receive computing power. Any changes regarding staking may be announced with future protocol updates.
What is the projection for Render in 2025, 2026, and 2027?
Based on its current market price (₱370 per RNDR), projected values are approximately ₱555 by end of 2025, ₱740 by end of 2026, and ₱1,110 by end of 2027. These optimistic projections reflect the strong momentum around decentralized rendering solutions and growing adoption in digital media and 3D graphics. Render’s continuous technical innovations and expanding partnerships could further drive its long-term growth in the Philippines and globally.
Is it the right time to buy Render?
Render stands out in the crypto space thanks to its leading role in decentralized GPU rendering, addressing major needs in digital creation, CGI, and metaverse industries. Its expanding ecosystem, real-world utility, and rising adoption by artists and enterprises position RNDR for potential growth. Current market trends highlight a continued strong demand for solutions that enhance computing efficiency—a key advantage of Render’s network.
What is the tax treatment for crypto gains in the Philippines, does Render fall under this?
In the Philippines, profits from selling crypto assets like Render are generally considered taxable as capital gains or income, depending on the transaction context. There are no exemptions for RNDR or similar tokens. You must declare gains in your annual tax return; the Bureau of Internal Revenue (BIR) requires proper documentation for all crypto-related transactions. Timely and accurate reporting is essential to remain compliant with local tax laws.