Render Soars 16% Following its GenAI Tool Update

Render Network, a decentralized P2P network of connected GPUs that supports the digital rendering of computing systems, is set to launch its GenAI tool on April 15. Render (RENDER) soared by as much as 16% in the last 24 hours, trading at $3.83, as Coingecko data shows.

RENDER’s market capitalization is now around $2 billion, up from 1.7 billion yesterday. RenderCon is driving the push behind the token. The GenAI tool is set to be a big development for the network, as it will have a new UI and workflow.

RenderCon will feature powerful new genAI models, direct image-to-video integration, and image-to-image and advanced features. These features will be released with Ray 2.

“We are at a pivotal moment in the time of art, media, AI, information provenance, and exa-scale computing. These are all on the verge of absolutely massive sea changes that are already affecting society at large this year. Render's mission has been to build a system where humans have means, tools, and power to thrive economically as creators and contributors,” said Jules Urbach, the founder of the Render Network on the RenderCon website page.

Famous investor Cathie Wood mentioned Render during the Digital Asset Summit 2025. She highlighted that users with idle GPUs rent out their computing power using Render. Wood added that the physical and digital worlds are computing together.