RENDER surges 21% in a single day, surpassing LINK and TAO, is the AI token leader switching?
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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