Render Network is seeing a sharp increase in on-chain activity, with data from Santiment showing the highest network growth levels in nearly 12 weeks.
The number of active addresses climbed to 394, while new wallet creation reached 118 addresses, both marking their strongest readings since March 12.
At the same time, RNDR surged back above the $2.25 level for the first time in four months, signaling renewed momentum across the AI-related crypto sector.
The rally comes amid growing investor interest in decentralized AI infrastructure and GPU computing networks, as demand for AI-related blockchain projects continues expanding.