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Some cryptocurrencies such as ONDO, WLD, and STX show a prominent 'domestic concentration' phenomenon with significantly higher trading volumes domestically than overseas. ONDO, in particular, has a domestic ratio 28 times higher than overseas. In contrast, BNB, USDT, and BTC have higher overseas trading ratios.
In the domestic cryptocurrency market, WLD, STX, and ONDO showed significantly higher domestic trading volumes compared to overseas. STX, in particular, had a domestic ratio 24 times higher than overseas. Conversely, BNB, USDC, and USDT had higher overseas trading ratios. SUI showed the highest Kimchi premium, while some other coins exhibited a negative premium.
In the domestic cryptocurrency market, WLD has surpassed XLM to become the most watched coin, ranking first in interest. ONDO, WLD, STX, and XLM showed a domestic trading volume more than 14 times higher than the global average. Conversely, USD1, HYPE, and BNB had higher trading volumes internationally. Recently, trading volumes for LIT, JST, and BTC have increased, while CC, SUI, and HBAR exhibited high Kimchi premiums.
XRP treasury plans Nasdaq listing via SPAC merger, backed by over $1B in commitments. Meanwhile, BTC and ETH consolidate, facing macro headwinds and leverage unwinding. RWA tokenization gains traction amid regulatory shifts.
Taiwanese virtual asset exchange MAX will support direct trading of the New Taiwan Dollar for four assets: HYPE, GRAM, APT, and RENDER, starting from 4 PM on September 30th. Additionally, USDT deposits and withdrawals based on the Aptos network will be available, with a reminder to ensure network compatibility during deposits and withdrawals.
In the domestic cryptocurrency market, XRP, XLM, and HBAR showed high trading concentration. Notably, ONDO and WLD had significantly higher domestic trading proportions compared to global markets. Recently, LIT experienced a sharp decline, leading to a surge in trading volume, while HBAR exhibited the highest Kimchi premium.
In the domestic cryptocurrency market, XLM has overtaken ONDO to become the most watched coin, with its domestic trading volume being 12.6 times higher than the global average. ONDO had the highest domestic trading volume relative to global, at 23.1 times, while ALGO and HBAR saw significant increases in their trading volume surge indicators.
Bitcoin reached an eight-month high above $87,000, driven by renewed US spot Bitcoin ETF inflows, short covering, and a positive global risk asset environment. Altcoins also saw gains.
In the domestic cryptocurrency market, XRP, ONDO, and WLD are attracting attention with high domestic trading volumes compared to overseas. Notably, ONDO recorded a figure more than 20 times higher than its overseas trading share. XLM and HBAR also saw an increase in trading volume.
Render Network Foundation's Sunny Osahn will speak on agentic AI and compute infrastructure at CONF3RENCE in Dortmund on Sept 16. The Render Token (RNDR) project democratizes 3D rendering using decentralized compute power.
Wintermute suggests Bitcoin's recent resilience indicates a new bull cycle, driven by institutional inflows via ETFs and a shift from exhausted stock markets. Current dips are seen as opportunities, not the end.
Render Network is powering the SUBMERGE: Beyond the Render exhibition in Washington D.C. starting Sept 11th. The platform democratizes 3D rendering using decentralized computational power and rewards participants with RNDR tokens.
Render (RNDR) will participate in MPD2026 in NYC on Sep 26th, showcasing its decentralized 3D rendering solutions. Spenser Dickerson will present. The platform connects users needing rendering power with those who can provide it, rewarding contributors with RNDR tokens.
Kitto@kitto
Crypto Trading
Render is preparing an exciting developer event in Denver! According to CoinDesk, Render will host the 'Dispersed Power Hour' micro-hackathon in Denver on August 26th. The core of this event is for participants to build and deploy AI applications directly on Render's decentralized subnet, Dispersed. A key feature is the significantly lowered barrier to entry, allowing anyone to participate and gain hands-on experience, even without specialized development expertise. The intersection of AI and Decentralized Physical Infrastructure Networks (DePIN) is such a hot topic these days, isn't it? It's quite interesting to see Render moving beyond just providing GPU computing power to actively cultivating an AI service ecosystem that runs on its own infrastructure. It will be fun to watch what unique apps emerge on Render's subnet starting with these builder-friendly, lighthearted events.
Render is sponsoring the Dispersed Power Hour micro-hackathon on August 26th in Denver, where participants can build and deploy AI applications on the Dispersed subnet for prizes. No prior experience is needed.
Altcoins like LINK, XRP, XLM, NEAR, FET, RNDR, QNT, AVAX, ATH, and SUI could surge due to the convergence of AI and tokenization, enabling machine-to-machine payments and transactions.
RENDER token is retesting $1.30 as OTOY Studio integrates RENDER as a payment method for AI content generation, enhancing its utility. However, the price faces resistance at the 200-day EMA, hindering a significant breakout despite ecosystem improvements.
BNB has surpassed Ethereum and Solana to become the largest holding in the Grayscale Smart Contract Fund. The Q2 rebalancing resulted in an increase in BNB's share to 30.6%, while the shares of Ethereum and Solana slightly decreased. Cardano's share significantly declined.
Render Network (RNDR) will present at SIGGRAPH 2026 on July 23rd, discussing frontier AI, new rendering workflows, and IP provenance. RNDR aims to decentralize 3D rendering using blockchain and reward participants with RNDR tokens.
Render (RENDER) is showing signs of recovery with a nearly 5% price increase, driven by renewed market participation in AI tokens. Increased futures volume and open interest suggest growing investor conviction, with bulls targeting a breakout above $1.80.
