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Market Cap
$ 2,631,214,752
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Total Volume
$ 364,080,418
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24 Hour
5.42%
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7 Day
39.20%
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Render Price Prediction: 2024, 2025, 2030

Render price prediction, RNDR’s price has pumped by 5.42% in the last 24 hours.
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Render
Price Prediction
Render, RNDR could hit $43.62 in 2024
Render’s price prediction for the most bearish scenario will value RNDR at $5.58 in 2024.
Render’s previous All Time High was on 21 November 2021 where RNDR was priced at $8.78.

Render’s price at the same time last week was $4.90. It has moved by 39.20 % in the past week and is currently at $6.97. Infact, in the past 24 hours, RNDR has pumped by 5.42 %. There is a slight bullish sentiment in the crypto market. The long term sentiment, however, remains bullish and RNDR could hit $3.80 in 2025.

The total circulating supply of Render as of writing this article was $378146335.69 and the marketcap of RNDR remains at $2,631,214,752

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

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About Render

 

Render (RNDR): An overview

Source: Render Network

 

As the first of its kind, the Render network is a rendering platform that enables users to scale their GPU rendering work on-demand, utilizing high-performance GPU nodes. It represents a significant leap forward in the realm of three-dimensional (3D) content creation and computation tasks, including artificial intelligence (AI)all powered through a secure peer-to-peer (P2P)  blockchain-based network. 

 

Features of Render Network

  • Cost and speed: The network seeks to significantly reduce the cost and increase the speed of rendering tasks, which are highly resource-intensive and time-consuming. 
  • Efficient infrastructure: Addressing the underutilization of GPUs, the Render Network provides a marketplace that matches idle GPU power with the needs of users. 
  • Digital rights management: It ensures authentication and provenance through on-chain traceability of a node-based render graph, providing a secure and reliable framework for protecting intellectual property rights.
  • Democratization of resources: The network democratizes access to high-quality rendering, making it more accessible to independent creators, small firms, and anyone in need of rendering power without the need to invest in expensive hardware. 

 

Use cases

The Render Network can be utilized across various sectors and applications, each benefiting from its advanced features:

  • Media: In the media industry, the Render Network can revolutionize content creation by providing high-quality, real-time 3D rendering for movies, animations, and visual effects. 
  • Industry: For industrial applications, it can facilitate design and visualization processes. Manufacturers, architects, and engineers can use it to create detailed models and simulations.
  • Augmented reality (AR): In AR, the network can render complex objects and environments in real time. 
  • Mixed reality (MR): Similar to AR, in MR, the Render Network helps blend digital and real-world elements seamlessly. It can be used to create interactive educational tools, collaborative workspaces, or entertainment experiences.
  • Gaming: The gaming industry can leverage the Render Network for developing and running graphically intensive games, providing gamers with richer, more detailed environments. It also allows for more complex physics in games.
  • Medical: In the medical field, the Render Network can be used to visualize complex biological structures, create detailed 3D models for educational purposes, or even assist in planning surgical procedures.
  • Virtual reality (VR): For VR applications, the Render Network ensures high-fidelity, immersive experiences.

 

RNDR token

Source: Render Network
 

Earlier, the Render Network was fueled by two primary resources: RNDR tokens and RNDR Credits. RNDR is an ERC-20 utility token. It facilitated various operations within the network:

  • Usage in the network: RNDR tokens were used to pay for a range of services, including animation, motion graphics, and VFX rendering on the distributed network. 
  • Earning for node operators: Node operators, who contribute their computational resources to the network, earned RNDR tokens for the work rendered on their nodes. 
  • Community governance: RNDR holders could participate in the governance of the protocol through voting in a decentralized autonomous organization (DAO). 
  • Payment for rendering: All Render jobs were priced in fiat currency to maintain consistency and accessibility for creators. Creators initiated jobs by purchasing an equivalent value of RNDR tokens from liquidity pools or using RNDR tokens they already owned. This transaction activated the rendering process within the network.

 

Burning and minting

In January 2023, the Render community voted to implement a burn and mint equilibrium mechanism (BME). Of the RNDR tokens used for a job, 95% were burned, reducing the overall supply. The remaining 5% was directed to the Render Network Foundation to fund ongoing development and maintenance.

 

On the other side, the protocol minted new RNDR tokens, known as emissions. These were distributed to node operators, incentivizing continued support and growth of the network's capabilities.

 

Supply of RNDR

The maximum supply of RNDR is 536 million. As of January 2024, 371,908,453 RNDR tokens are in circulation, which is about 69.27% of the total supply.
 

In terms of token allocation, 25% of the tokens were sold in sales, 10% were allocated to the RNDR Reserve (RR), and 65% were held in escrow to manage supply and demand flow back to the network. These escrow tokens are stored in a third-party custody account.

 

The token sales were conducted in two phases. Initially, a public sale occurred on the Ethereum (ETH) blockchain, followed by a private sale phase. The public sale included a 20% genesis bonus. There was no vesting period for the public sale. The private sale offered a bonus range of 2.5% to 30%, with no vesting period. 

 

The transition from RNDR TO RENDER

The Render Network moved from Ethereum to the Solana (SOL) blockchain as its Layer-1 infrastructure in November 2023 following a community vote (proposal RNP-002). The transition aimed to leverage Solana's faster transaction speeds, lower fees, and higher throughput capabilities, aligning with the network's evolving needs for more on-chain data and transactions.
 

The community voted on another proposal (RNP-006) to incentivize users to upgrade from RNDR to the new RENDER token, which follows the SPL standard. A total of 1.14 million RENDER is allocated for users who upgrade. 

 

To ease the transition, the Render Foundation is also covering upgrade gas fees for every ETH wallet with RNDR tokens. This incentive ends on January 31, 2024.

 

Following the upgrade, all jobs on the Render Network (encompassing 3D and AI services) are now paid for and paid out in RENDER tokens. The Render Credits program will also be deprecated in favor of the new credits used in the BME model.
 

The Render Foundation will no longer maintain the RNDR token. This means that while the token itself may still exist on the Ethereum blockchain, it won't receive updates, new features, or direct support from the official Render team. Despite these changes, RNDR continues to exist and be traded on various centralized exchanges.

 

How does the Render Network work?

Source: Render Network

 

The Render Network utilizes OctaneRender, a rendering application created by OTOY, the graphics software company that developed the network. Solana underpins the project's data verification and payment mechanisms, ensuring secure and efficient transactions. 
 

For the 3D rendering tasks, OctaneRender is employed alongside the open-source ORBX media and streaming framework, enhancing the rendering process's overall efficiency and performance.

 

Network structure

The Render Network comprises two primary layers:

  • Off-chain rendering network: This includes creators, node operators, the Render Network, and rendering application layer vendors. 
  • Blockchain layers: They handle payments via the network's native token (RENDER) and escrow contracts. This ensures that all creator-node operator interactions are publicly verifiable and any discrepancies are easy to track and rectify.

 

Core functions

  • Node operators and creators: They interact in a distributed network model, with node operators providing the GPU power required for rendering and creators submitting jobs that need rendering.
  • Job and node allocation: The network allocates rendering jobs to various nodes based on factors like hardware requirements, user reputation, and node performance metrics. High-reputation creators can run more concurrent jobs.
  • Render Network API and SDK: These tools enable third parties to build applications on top of the Render Network, allowing for customizable asset rendering pipelines and integration with various software applications.

 

Economic and incentive model

  • Multi-tier pricing (MTP): This allows creators to choose from multiple pricing tiers based on their needs for speed, cost, security, and operator reputation.
  • BME: A model implemented for managing network operations and pricing, which includes a system of burning and minting the network's native token to balance supply and demand.

 

Render Network’s history

Source: Render Network
 

Render's conceptual roots trace back to 2009. However, its journey officially began in 2017 as the network saw its public token sale in October, followed by a private sale from January to May 2018, all under the leadership of Jules Urbach, an established figure in the graphics industry due to his previous work with OTOY.

 

These early stages involved collaborations between the Render team, Beta node operators, and Beta creators to refine and expand the network, culminating in its public launch on April 27, 2020. The Render Network was designed as a decentralized counterpart to OTOY's centralized, cloud-based graphics solutions, bringing a new paradigm to the graphics rendering industry.
 

By January 2023, the management of Render Network transitioned to the Render Network Foundation, a non-profit organization based in the Cayman Islands. The foundation took on the task of setting strategic directions, issuing grants, and facilitating governance, marking a significant shift in its operational strategy while still benefiting from OTOY's continuous technological contributions.

RNDR Price Analysis

The RNDR experienced a dynamic and ultimately bullish market trend between January 2023 and January 2024. Starting the year with optimism, the token's price ascended, setting a solid uptrend.

 

RNDR weekly chart  

 

However, the price faced a minor correction at the resistance level of $1.8 towards the end of January, causing a temporary breach below the support level of $1.3 by the end of February. Nonetheless, the bullish momentum regained strength from April, pushing the price beyond this resistance level and testing new highs.

 

By mid-May, the token was confronting a resistance at $2.7. Entering June, bearish forces emerged, leading to a decline in price, which eventually fell below $1.8 by the end of July, reinstating it as a significant resistance point.

 

Mid-August saw the token retesting its support at $1.3, but this downturn was short-lived as bulls re-entered the market in September, driving the price to ascend past significant resistance barriers, culminating in a peak of $4.9 by December. At the time of writing, the token was trading at $4.4, marking a considerable growth from its opening price of $0.4 at the beginning of the year.

 

The trading volume commenced the year on a high note, indicating active participation. However, a noticeable decline in volume coincided with price rejections, particularly after the bearish phase in June. The volume remained subdued until a resurgence of buying pressure from October onwards, gradually recuperating.

 

The Relative Strength Index (RSI) initially climbed above the median 50 line in mid-January, reflecting a dominance of buying pressure, and remained elevated until the end of July. The bearish phase corresponded with a dip below the 50 line, reflecting increasing selling pressure.

 

However, the market's resilience was evident as the RSI climbed back above 50 by the end of September. Notably, in mid-November, the RSI ventured into the overbought region, peaking at 81.13, which coincided with RNDR reaching its peak resistance. As the analysis concluded, the RSI stood at 77.06, indicating sustained bullish momentum.

 

The On-Balance Volume (OBV) provided insights into cumulative buying and selling pressure. It maintained an upward trajectory until mid-June, indicating robust buying pressure. A brief descent between mid-June and late August coincided with the bearish phase, but it regained momentum thereafter, achieving higher peaks and confirming investor confidence.

 

Should you consider buying RNDR?

The analysis of RNDR's price action and indicators over the past year paints a picture of a token with significant growth potential marred by periods of volatility. Investors considering this token should note that while the current price is indicative of bullish strength, the utility and future value of RNDR could be significantly impacted due to the cessation of its active role and maintenance in the Render Network ecosystem.

 

RNDR target price

Prospective buyers might target a buying range between $1.2 and $1.5, aligning with historical support levels. However, it is crucial to remain vigilant to market dynamics and the evolving position of RNDR. As always, potential investors should consider their risk tolerance and conduct thorough research or consult with a financial advisor before making investment decisions.

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Render Price Prediction

Render has had an eventful 2021. To simplify the latest RNDR price prediction, we have divided up the prediction by short term Render price prediction and long term Render price prediction. As of writing this article, RNDR had a trading volume of 364,080,418. Render has gone up by 86.31% in the past 30 days.

According to our analysis in the short term, Render price prediction for April 2024 shows the average price of RNDR at 35.83 and the highest possible price for April 2024 would be $38.34.

Further, according to our analysis in the long term, Render price prediction for August 2024 shows the average price of RNDR at 36.09 and the highest possible price for August 2024 would be $38.62.

Render's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
22 February 2024$6.29$5.85$6.73
23 February 2024$6.74$6.26$7.21
24 February 2024$6.72$6.25$7.19
25 February 2024$6.66$6.20$7.13
1 March 2024$8.14$7.57$8.71
6 March 2024$10.12$9.42$10.83
16 March 2024$19.40$18.04$20.75
April 2024$35.83$33.33$38.34
May 2024$35.90$33.39$38.41
June 2024$35.96$33.44$38.48
July 2024$36.03$33.50$38.55
August 2024$36.09$33.56$38.62
September 2024$36.15$33.62$38.69
October 2024$36.22$33.68$38.75
November 2024$36.28$33.74$38.82
December 2024$36.35$33.80$38.89

Render price prediction 22 February 2024: Render's price for 22 February 2024 according to our analysis should range between $5.85 to $6.73 and the average price of RNDR should be around $6.29.

Render price prediction 23 February 2024: Render's price for 23 February 2024 according to our analysis should range between $6.26 to $7.21 and the average price of RNDR should be around $6.74.

Render price prediction 24 February 2024: Render's price for 24 February 2024 according to our analysis should range between $6.25 to $7.19 and the average price of RNDR should be around $6.72.

Render price prediction 25 February 2024: Render's price for 25 February 2024 according to our analysis should range between $6.20 to $7.13 and the average price of RNDR should be around $6.66.

Render price prediction 1 March 2024: Render's price for 1 March 2024 according to our analysis should range between $7.57 to $8.71 and the average price of RNDR should be around $8.14.

Render price prediction 6 March 2024: Render's price for 6 March 2024 according to our analysis should range between $9.42 to $10.83 and the average price of RNDR should be around $10.12.

Render price prediction 16 March 2024: Render's price for 16 March 2024 according to our analysis should range between $18.04 to $20.75 and the average price of RNDR should be around $19.40.

Render price prediction April 2024: Render's price for April 2024 according to our analysis should range between $33.33 to $38.34 and the average price of RNDR should be around $35.83.

Render price prediction May 2024: Render's price for May 2024 according to our analysis should range between $33.39 to $38.41 and the average price of RNDR should be around $35.90.

Render price prediction June 2024: Render's price for June 2024 according to our analysis should range between $33.44 to $38.48 and the average price of RNDR should be around $35.96.

Render price prediction July 2024: Render's price for July 2024 according to our analysis should range between $33.50 to $38.55 and the average price of RNDR should be around $36.03.

Render price prediction August 2024: Render's price for August 2024 according to our analysis should range between $33.56 to $38.62 and the average price of RNDR should be around $36.09.

Render price prediction September 2024: Render's price for September 2024 according to our analysis should range between $33.62 to $38.69 and the average price of RNDR should be around $36.15.

Render price prediction October 2024: Render's price for October 2024 according to our analysis should range between $33.68 to $38.75 and the average price of RNDR should be around $36.22.

Render price prediction November 2024: Render's price for November 2024 according to our analysis should range between $33.74 to $38.82 and the average price of RNDR should be around $36.28.

Render price prediction December 2024: Render's price for December 2024 according to our analysis should range between $33.80 to $38.89 and the average price of RNDR should be around $36.35.

Render's Long Term Price Prediction

Render’s long term Price Prediction below is a look at RNDR’s future prospect with regards to price. Render was last seen at $6.97, with a market cap of $2,631,214,752 and trading volumes of $364,080,418. RNDR’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$36.35$29.08$43.62
2025$3.17$2.54$3.80
2026$4.18$3.35$5.02
2027$5.52$4.42$6.63
2028$7.29$5.83$8.75
2029$9.62$7.70$11.55
2030$12.70$10.16$15.24
2031$16.77$13.41$20.12
2032$22.13$17.70$26.56
2033$29.21$23.37$35.05
2035$50.90$40.72$61.08

Render price prediction 2024: Render's price for 2024 according to our analysis should range between $29.08 to $43.62 and the average price of RNDR should be around $36.35.

Render price prediction 2025: Render's price for 2025 according to our analysis should range between $2.54 to $3.80 and the average price of RNDR should be around $3.17.

Render price prediction 2026: Render's price for 2026 according to our analysis should range between $3.35 to $5.02 and the average price of RNDR should be around $4.18.

Render price prediction 2027: Render's price for 2027 according to our analysis should range between $4.42 to $6.63 and the average price of RNDR should be around $5.52.

Render price prediction 2028: Render's price for 2028 according to our analysis should range between $5.83 to $8.75 and the average price of RNDR should be around $7.29.

Render price prediction 2029: Render's price for 2029 according to our analysis should range between $7.70 to $11.55 and the average price of RNDR should be around $9.62.

Render price prediction 2030: Render's price for 2030 according to our analysis should range between $10.16 to $15.24 and the average price of RNDR should be around $12.70.

Render price prediction 2031: Render's price for 2031 according to our analysis should range between $13.41 to $20.12 and the average price of RNDR should be around $16.77.

Render price prediction 2032: Render's price for 2032 according to our analysis should range between $17.70 to $26.56 and the average price of RNDR should be around $22.13.

Render price prediction 2033: Render's price for 2033 according to our analysis should range between $23.37 to $35.05 and the average price of RNDR should be around $29.21.

Render price prediction 2035: Render's price for 2035 according to our analysis should range between $40.72 to $61.08 and the average price of RNDR should be around $50.90.

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A Historical look at Render, RNDR’s price

RNDR/USD Pair

RNDR
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USD
21 February 2021
0.24
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RNDR
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USD
21 February 2022
2.47
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1001.88
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RNDR
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USD
21 February 2023
1.70
signal-icon
68.99
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RNDR
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USD
22 February 2024
6.97
signal-icon
409.14
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RNDR/Euro Pair

RNDR
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EUR
21 February 2021
0.2
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RNDR
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EUR
21 February 2022
2.18
signal-icon
1072.78
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RNDR
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EUR
21 February 2023
1.59
signal-icon
73.06
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RNDR
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EUR
22 February 2024
6.44
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403.98
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FAQs about Render

What is the price of Render as of today 22 February 2024?

Render’s current price is $6.97 and witnessed a 5.42% increase in the past 24 hours. RNDR/BTC pair saw a 6.79% increase in the past 24 hours

Is RNDR a good investment?

Investing in Render, RNDR will purely depend on your personal risk appetite. As you can see over the past 24 hours Render’s price has witnessed a 5.42% increase and over the past 30 days Render has increase by 86.31%. So it all depends on if this investment will hit your trading goals.

How high can Render’s price go this year in 2024?

According to our latest Render Price prediction for 2024, RNDR should vary between $43.62 and $29.08. Please keep in mind that the crypto market is very volatile and this Render price prediction does not account for extreme wild swings in price.

How much will the Render be worth in 2024 ?

As per the Render price prediction 2024 model above, RNDR’s price for February 2024 should range between $29.08 to $43.62 with the average price for February being $36.35

How much will Render be worth in 2025?

According to the Render Price Prediction model above, RNDR’s price in 2025 would be $3.17. This price would however would range from $3.80 and $2.54.

How much will Render be worth in 2026?

According to the Render Price Prediction model above, RNDR’s price in 2026 would be $4.18. This price would however would range from $5.02 and $3.35.

How much will Render be worth in 2027?

According to the Render Price Prediction model above, RNDR’s price in 2027 would be $5.52. This price would however would range from $6.63 and $4.42.

How much will Render be worth in 2028?

According to the Render Price Prediction model above, RNDR’s price in 2028 would be $7.29. This price would however would range from $8.75 and $5.83.

How much will Render be worth in 2029?

According to the Render Price Prediction model above, RNDR’s price in 2029 would be $9.62. This price would however would range from $11.55 and $7.70.

How much will Render be worth in 2030?

According to the Render Price Prediction model above, RNDR’s price in 2030 would be $12.70. This price would however would range from $15.24 and $10.16.

How much will Render be worth in 2031?

According to the Render Price Prediction model above, RNDR’s price in 2031 would be $16.77. This price would however would range from $20.12 and $13.41.

How much will Render be worth in 2032?

According to the Render Price Prediction model above, RNDR’s price in 2032 would be $22.13. This price would however would range from $26.56 and $17.70.

How much will Render be worth in 2033?

According to the Render Price Prediction model above, RNDR’s price in 2033 would be $29.21. This price would however would range from $35.05 and $23.37.

How much will Render be worth in 2035?

According to the Render Price Prediction model above, RNDR’s price in 2035 would be $50.90. This price would however would range from $61.08 and $40.72.

What was the highest price of Render?

The highest price for Render was recorded in 21 November 2021 during which RNDR hit an All Time High of $8.78

What is the price of 1 Render?

The price of 1 Render according to current market rate is $6.97