Render price exhibited a reaction opposite to market expectations after the Render Network achieved a milestone, upgrading from Ethereum to Solana.
Render price slipped to trade at $2.22 after a nearly 8% decline following the failed breach of $2.55. The Render Network successfully completed upgrading its core infrastructure to Solana from Ethereum. Render Foundation, in accordance with the upgrade, allocated $2.5 million worth of RNDR as a reward to migrate RNDR tokens to the Solana blockchain. The network, seeing as to how the transition might affect its users, is assisting by granting subsidies using RNDR tokens.
-day chart However, if the Render price bounces above $2.08, it could invalidate the bearish thesis. The confirmation of the same would be achieved when the RSI bounces off the neutral line. This would enable RNDR to reclaim the support at $2.26.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Crypto AI Token Render (RNDR) Migrates to Solana BlockchainRender Network successfully upgrades core infrastructure from Ethereum to Solana
Leer más »
Protocol Village: Render Moving to Solana From Ethereum, Allocates $2.6M to Cover FeesBradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
Leer más »
Solana, Ethereum, and Everlodge: Price Comparison for Q4 2023Crypto Blog
Leer más »
Solana Founder Gives Ethereum's Vitalik Buterin His Flowers After This HappenedSolana's cofounder Anatoly Yakovenko appreciates Ethereum's Vitalik Buterin
Leer más »
What Is Ethereum Sharding? A Beginner’s GuideRead through this guide to learn what Ethereum sharding is and why it is important to help scale the Ethereum network.
Leer más »
Solana retraces gains as analysts say multi-week rally is a price correctionSolana outperformed all other blue chips in a 27% rally this week, however, the altcoin has fallen by over 7% in the past 24 hours.
Leer más »