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RENDER Rallied 27% Last Week Alongside a 72% Jump in Trading Activity, What’s Next for the Altcoin?

RENDER Rallied 27% Last Week Alongside a 72% Jump in Trading Activity, What’s Next for the Altcoin?

CryptonewslandCryptonewsland2026/10/08 12:33
By:Cryptonewsland
  • RENDER rallied 27% last week.
  • The blockchain also saw a 72% jump in trading activity.
  • What’s next for the altcoin, and what targets will it reclaim next?

The crypto market seems to be experiencing a massive correction, one that has already pulled the price of BTC from $87,000 to $82,000 and the price of ETH from $2,700 to $2,500. Last week, crypto was running high, leading to altcoin prices rallying. For instance, RENDER rallied 27% last week alongside a 72% jump in trading activity. What’s next for the price of RENDER?

RENDER Rallied 27% Last Week 

According to CoinMarketCap analytics, the price of RENDER is currently trading in the $2.03 price range, showing that the asset is down by over 3.5% over the last 24 hours. In terms of the last 7 days and 30 days, the asset is up by over 6% and 34%, respectively. The altcoin is also a long way away from its previous ATH set 3 years ago in the $13.6 price range, meaning it needs a pump of over 85% to reclaim this price and enter price discovery. 

As we can see from the post above, this expert highlights how September was a big month for RENDER in all of 2026. Specifically, the price of RENDER went from $1.41 to $2.03, allowing RENDER to rally roughly 27% in a week while network activity passed 80.7 million rendered frames. As for the catalysts that led to this sudden surge in price and activity, the post highlights a few.

RENDER Also Sees 72% Jump in Trading Activity

The post draws attention to the fact that the Render Network saw the addition of over 60,000 GPUs via Salad, the fact that the network burned over 1.53 million RENDER, and migrated 98.4% of its supply to the Solana network. Additionally, it holds over 5,600 active nodes, holds an allocation of 21% in the Grayscale AI fund, and brought MCP integrations which allowed Render compute to work with AI agents. 

Meanwhile, the post above highlights how RENDER trading activity jumped by 72% based on CoinGecko’s October 6 snapshot, showing approximately $120 million in daily trading volume, confirming that activity is up 72% from the previous day. Similarly, RENDER price was around $2.15, gaining roughly 6% over 24 hours and 13.5% over seven days. Hence, trading activity is accelerating alongside the price recovery. 

As we can see from the post above, all this bullish momentum in Render Network activity and RENDER price, is leading reputed analysts to believe that RENDER could be the next 20x crypto move. The chart accompanying the post goes on to state the many bullish targets RENDER’s price can hit during the coming bull cycle surge. These targets include $4, $8, $20, $50, and above. 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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