Render (RNDR) has experienced a 15% increase in value today, outperforming Bitcoin amidst the flourishing artificial intelligence market.

In the current digital currency landscape, there is a slight downturn as both Bitcoin (BTC) and altcoins like Render (RNDR) struggle to maintain their weekly lows. Despite an overall growth disparity, the AI token Render has captured attention with a notable 15.25% rise to $8.745.

Render Breaks Away from Bitcoin

It is not uncommon for an altcoin to detach from Bitcoin, especially following a prolonged period of decline. Presently, Render's 15% surge contrasts with Bitcoin's 0.23% decrease in price. Bitcoin is currently trading at $63,755.42, aiming to uphold its position around the $63,000 support level.

Render stands out in the market, showcasing substantial growth that surpasses other AI tokens. With a 24-hour surge, the token has extended its growth by 20% over the past week. Despite ongoing volatility, Render maintains a positive outlook for the year.

Data from CoinMarketCap reveals a Year-To-Date (YTD) growth of 95.58%, rising from $4.4 to a peak of $9.34 today.

Render's popularity stems from its association with the AI sector. As an Artificial Intelligence protocol, Render leverages the industry's increasing value surge. Serving as a GPU Rendering network, Render connects miners with GPU capabilities to artists and studios in need of such resources.

The Render model facilitates innovation within the AI ecosystem at a reduced cost. With the recent price surge, the token is now targeting the crucial resistance level at $10.

The Exciting AI Market

Beyond Render, numerous crypto protocols and Wall Street entities are embracing the AI trend. NVIDIA, for example, has greatly benefited from this upsurge, reaching a valuation exceeding $2 trillion this year.

Analysts are optimistic about the company, as its GPU hardware and dominant software position it as a frontrunner in the AI competition. Apart from NVIDIA, Apple is expected to enhance its market performance and product offerings through AI. Jim Cramer anticipates that Apple's integration of AI into iPhones could revolutionize its standing in unique ways.

The establishment of the Artificial Superintelligence Alliance (ASI) by Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) underscores the vast potential envisioned in AI. The ASI Alliance has garnered significant support from the communities associated with these protocols, indicating a promising future for AI advancements.