On January 6, 2026, Render Network token RENDER surged strongly, becoming one of the most prominent cryptocurrencies in the AI sector. According to CoinMarketCap data, RENDER’s price increased by over 21% on that day, approaching $2.53, significantly outperforming other AI-related assets like Chainlink (LINK) and Bittensor (TAO), which only gained about 2% and 5%, respectively. This price gap quickly drew market attention and made RENDER’s price movement a focal point in the AI token sector.
In terms of trading volume, this rally was not a “pump and dump” fluctuation. Data shows that RENDER’s 24-hour trading volume also expanded, with a single-day increase of approximately 71%, reaching $248.8 million. This simultaneous rise in price and volume is often seen as a sign of increased market participation, indicating more funds actively entering the market rather than a short-term spike caused by low liquidity.
Derivatives market data further supports this assessment. According to Coinalyze statistics, RENDER’s open interest increased by about 17% within 24 hours, reaching a total of $32.796 million. The open interest rising in tandem with the price usually suggests traders are establishing new long or trend-following positions, rather than a passive increase driven by short covering, indicating market confidence in Render Network’s short-term prospects is recovering.
Next, whether the price can continue its upward trend will depend on the performance of key resistance levels above. CoinGlass’s liquidity heatmap shows that around $2.80, there is approximately $3.435 million in leveraged liquidity. In strong trending markets, such zones often exert a “magnetic effect” on prices. If buying pressure continues to strengthen, RENDER’s price may push toward this area.
However, it is also important to note that $2.80 could become a zone where short-term profit-taking accumulates. Once encountering resistance, a phase of correction or consolidation cannot be ruled out. Overall, supported by the fundamentals narrative of AI cryptocurrencies, Render Network, and derivatives data, RENDER is at a critical point of high market attention, and its subsequent performance warrants ongoing monitoring.
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