Kairos assessment
relative to the top 250 · not a recommendation- Valuation
- Somewhat expensive
- Risk
- Medium
- Technicals (daily)
- Neutral
- Macro
- Headwind
AI analysis: Render
Valuation, bull & bear case, technicals, macro and triggers – from all live data
Opportunities & risks
Detected automatically from valuation, on-chain data, technicals, derivatives, development and news.
Opportunities 2
- Far below ATH, fundamentals growingImportant
−87.5% from the all-time high, but TVL/fees are rising.
- Fees risingRelevant
+216% vs. the previous month.
Risks 0
No notable risks right now.
Notes
- Golden crossRelevant
The SMA50 crossed above the SMA200 14 days ago. Whether this signal has had an edge so far is shown in the Indicator Check.
Well-known indicators
From daily candles · each row with context – whether a signal has helped so far is shown in the Indicator Check
- 50- and 200-day linesGolden cross50-day line above the 200-day line since Oct 13, 2026Historically tested – Golden cross for Bitcoin: tendency, not confirmed (8 signals) →
- RSI (14 days)40neutral (30–70)Historically tested – RSI oversold for Bitcoin: no clear edge (21 signals) →
- MACDnegativeshort-term momentum weaker than recently
- Bollinger position12%lower half of the band
- ATR (14 days)7.6%typical daily move ±7.6%
- Mayer Multiple1.01in the usual range (0.8–2.4)Historically tested – Mayer Multiple high for Bitcoin: too few signals (4 signals) →
- Distance to all-time high−88%high on Mar 17, 2024
- Max. drawdown 1 year−52%largest drop from a high in 12 months
- Sharpe ratio 1 year−0.04worse than the risk-free rate
- Beta / correlation to Bitcoin1.19 / 0.64swings more than Bitcoin
- Volume trend+21%trading is increasing
Why this assessment?
Every value is built from factors – value, percentile (0–100) and weight. Everything is relative to the top 250: a model-based assessment, not a recommendation. What actually works: Track Record
- Fee growth 30 d+216%98 · 55 %
- Value capture (revenue/fees)100%89 · 27 %
- Fee volume 30 d$678.25K42 · 18 %
The Growth Score is the fundamentals pillar – unchanged in a live test since 29 Sep 2026. In the backtest it was the only pillar positively linked to later performance. We picked it after looking at the data, so it is a hypothesis, not a forecast.
News
No recent articles on CoinDesk, Cointelegraph or Decrypt.
Key figures
Market
Supply
81% of max supply circulating
All-time high & low
Price range and trend
Sideways · points verdict from trend, RSI, MACD and crosses: Neutral (56/100)
Fundamentals (on-chain)
Render Network BME · DePIN · DefiLlama
Derivatives (Binance perps)
RENDERUSDT
About Render
The Render Network is a leading decentralized GPU compute platform for applications ranging from 3D rendering to machine learning and generative AI. The network connects node operators looking to monetize their idle GPU compute power with artists and developers looking to scale intensive 3D rendering work and machine learning applications in the cloud. Through a decentralized peer-to-peer network, the Render Network achieves unprecedented levels of scale, speed, and economic efficiency. Facilitated by the Render Network Foundation, the ecosystem empowers artists and developers to build services and applications for the emerging digital economy.