Render Token Faces Short-Term Dip Amid Coinbase Confusion
Render (RNDR) is currently trading at $3.76 with a 24-hour volume of over $59.5 million. The token is down by -0.96% in the past hour and -4.36% since yesterday. This drop follows confusion over Coinbase’s delisting of the older ERC-20 version of the token. However, the Solana-based version of RENDER remains fully supported on Coinbase U.S. and other major platforms. This clarity has helped stabilize some investor concerns, and render price prediction sentiment continues to lean bullish.
The past week has been turbulent for RNDR. Despite an 8.6% pullback, long-term analysts remain optimistic. Forecasts suggest that RNDR could reach up to $9.68 by the end of the year. In more bullish conditions, some predict a retest of its all-time high of $13.60. Render is gaining attention due to its growing use in decentralized GPU rendering and AI integrations.
Key events in the community include:
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Long-Term Outlook Remains Bullish
Another positive development is the growing interest in staking RNDR. A recent guide (May 31) explained how to maximize rewards through validator selection, APY boosters, and cross-chain integrations.
If RNDR can hold key support levels and regain investor confidence, this dip may be a smart entry point. The AI and metaverse narratives remain strong, giving Render the potential to be a long-term winner in the infrastructure token space. With GPU demand rising in Web3, Render’s utility may play a crucial role in scaling future AI-powered ecosystems.