Render Token (RNDR) rose by 11% after Apple briefly talked about Octane, a 3D design software powered by the Render Network, while introducing its latest iPad with the M4 chip.

During the presentation, Tim Millet, Apple’s vice president of platform architecture, mentioned Octane, catching the attention of investors and adding to RNDR’s recent upward movement.

Millet highlighted Octane’s speed and efficiency on the new iPad, saying it will perform much better than its predecessor, M2.

Additionally, Millet emphasized the technological advancement of Apple’s Octane-powered M4 chip, which utilizes second-generation three-nanometer architecture to improve power efficiency.

Crypto trader D0c Crypto pointed out the visibility of the RNDR logo in the video, further boosting market excitement.

RNDR was trading at $11.26 at the time of reporting, marking a 45% increase over the past week, while Bitcoin experienced a decrease in value.

Despite Bitcoin's decline, RNDR continued to rise, showing resilience in the market.

Bitcoin saw a 3% increase in the past intraday session and a 5.85% rise over the past week. The AI sector also experienced gains, with Render and Fetch.ai showing positive trends.

Nvidia’s stock reached a 30-day high on May 6, starting the trading week positively.

In conclusion, RNDR’s surge following Apple’s mention of Octane reflects growing interest in the crypto market, amidst fluctuations in Bitcoin and positive movements in the AI sector.