Usage data for $RENDER suddenly spiked: Render Network BME protocol revenue reached $80,000 in 24 hours, compared with the usual $16,000 per day—that’s 4.9 times higher.
A few scenarios should be considered separately:
If usage has increased across the board, it often comes with an inflow of funds and is more likely to last;
If the increase was driven by a handful of large transactions or a one-off event, it will quickly subside.
The way to tell is simple: watch the daily figures over the next few days. $RENDER is currently at 1.924, down 0.21% over 24 hours.
A few scenarios should be considered separately:
If usage has increased across the board, it often comes with an inflow of funds and is more likely to last;
If the increase was driven by a handful of large transactions or a one-off event, it will quickly subside.
The way to tell is simple: watch the daily figures over the next few days. $RENDER is currently at 1.924, down 0.21% over 24 hours.