Render Token ($RNDR ) has gone parabolic in recent months, making it one of the best-performing cryptocurrencies in the industry. RNDR rose to a high of $6.26, its all-time high and over 1,587% from its lowest point in 2022. This increase brought its total market capitalization to over $2.3 billion.
#nvidia of cryptocurrencies?
Render Network has recently become one of the fastest growing networks in the industry. This performance accelerated after developers switched from Ethereum to Solana, a network that has become a favorite among DePIN builders.
The main reason why the RNDR token has risen is that it is seen as the Nvidia of the cryptocurrency industry. For starters, Nvidia has become the fourth largest company in the world with a market capitalization of over $1.8 trillion. Only Microsoft, Apple and Saudi Aramco are larger. #gpu #DeFi