In summary, an AI token has emerged as the leader in social volume, surpassing its competitors and even the current industry leader. Its value has skyrocketed by 435% in the last year, driven by strong support from major exchanges among other factors.

RNDR Takes the Lead

The field of Artificial Intelligence (AI) and related cryptocurrencies has been experiencing significant growth lately. One token that has caught the eye of many participants in the industry is Render (RNDR).

With a market capitalization of nearly $4 billion, RNDR is the second-largest token in this category. The current market leader is Fetch.ai (FET) with a market cap exceeding $5.5 billion.

According to market intelligence platform Santiment, RNDR has surpassed its competitors and all other cryptocurrencies in terms of social volume dominance.

Santiment's analysis revealed that discussions revolving around the AI token have been prominent in recent days, with a rate of over 100%.

RNDR’s Price Surge

RNDR serves as the native token for the Render Network Foundation, a key provider of decentralized GPU solutions with a goal to transform the digital creation process. Earlier this year, RNDR gained attention from Coinbase, which included it in its roadmap zone and enabled trading services for it.

The support from Coinbase is believed to have contributed to RNDR's significant price surge over the past year. Currently valued at over $10, RNDR has witnessed a remarkable 435% increase compared to its value in May 2023.