🔮 Render Rides AI Wave, Hits 4‑Month High RENDER spiked to $2.30, a 14 % jump in 24 h, outpacing BTC and ETH as AI‑infrastructure hype intensifies. The climb coincides with a surge in active addresses and new wallets, suggesting real usage beyond pure speculation. 🧬 On‑chain metrics and GPU expansion point to a bullish tailwind, but the rally rests on whether demand for decentralized compute can translate into sustained revenue; a pullback in AI funding or a shift back to risk‑off assets would quickly erode momentum. I lean cautiously bullish, betting the network effects are still nascent but fragile. 🗝️ The decisive test will be if daily active participants stay above the recent peak; a slip could signal a short‑lived flare. ⚠️ Personal analysis only. Not financial advice. DYOR. #RenderToken #AIInfra #OnChainMetrics