Cryptocurrency Market Round-Up

Typically, cryptocurrencies are termed as digital currencies and use blockchain technology to record every transaction. Render (RENDER), developed by OTOY Inc., is a pioneering platform in decentralized GPU rendering. Unlike conventional rendering services, it leverages blockchain technology to distribute rendering workloads across a global network of connected GPUs, delivering faster, more efficient, and cost-effective rendering solutions. RENDER has a market capitalization of ~USD 2.10 billion (as per TradingView as of September 18, 2025).

Last week, the S&P Cryptocurrency Broad Digital Market (BDM) Index opened on a strong footing and extended its advance, gaining 411.96 points (~6.24%) to close at 7,017.65 for the week ending September 12, 2025. As the new trading week began on September 15, the index turned lower, signaling renewed short-term selling pressure. Despite this pullback, the broader crypto market remains in bullish momentum, with major assets such as Bitcoin and Ethereum consolidating after recent gains a pattern that continues to reinforce the prevailing positive sentiment.

Having understood the S&P Cryptocurrency BDM Index movement over the last week and the scenario for the upcoming week, one cryptocurrency that seems ‘Attractive’ at the current level appears to be Render (RENDER) based on the below technical parameters: -

Past performance is not a reliable indicator of future performance.