RENDER crypto tests $2 again – Could bulls finally break through?

Render crypto has entered October at a key inflection point.

Technically, the AI-related token jumped over 35% in September, pushing back toward the $2 level. However, this is a critical resistance for $RENDER, as the altcoin has failed to break this barrier three times since the October crash. Therefore, $RENDER is at another inflection point ahead of Q4.

Obviously, the main question is whether this is a fourth rejection or a breakout attempt. Given that the bullish trend in the AI space is gaining ground, the overall environment will be a critical factor in determining the direction of $RENDER.

As the chart above shows, the combined market cap of AI coins closed September with a 47%+ rally.

To put this into perspective, more than $12 billion in capital inflows took the sector’s market cap back toward mid-Q4 2025 levels, when it crossed $35 billion. In fact, September marked the strongest monthly rally, while Q3 saw the strongest quarterly rally, with the total AI-coin market cap climbing 61%.

In essence, the AI sector is off to a roaring start in Q4, providing Render [$RENDER] with the much-needed boost as it tests the $2 resistance zone once again. However, the intriguing development is that this momentum is now beginning to translate on-chain too, adding another layer to the overall bullish setup.

$RENDER bulls face the $2 barrier

$RENDER’s September growth was obviously influenced by the continued rise of AI.

While $RENDER had a relatively weak start to Q3, it has grown more than 61% in the current quarter, with more than half of the volume concentrated in the last month. Most importantly, this growth also saw a significant increase in the on-chain volume of the Render Network.

As can be seen in the chart below, $RENDER crossed more than $1.85 billion in trading volume, far surpassing the figures of the previous months. Thus, it appears that trading volume has begun to accelerate, its highest level of the quarter.

And so, $RENDER’s on-chain volume has resumed its growth in line with the overall rise of the AI narrative.

However, the price of $2 is the critical level to watch.

A break above this resistance with increased trading volume on the third attempt would be a significant development for $RENDER. With growing optimism around AI and the rise in on-chain activity, bulls have more reason to be optimistic about the altcoin’s prospects in the near future.

If $RENDER manages to hold above $2, the recent recovery could gain further traction.

Final Summary