As 2025 approaches its peak, the price of Render Network could skyrocket. The growing demand for 3D graphics in the entertainment industry raises the question: Could Render price reach $25 by 2025? Let’s explore the factors that influence it.
What is render?
Render Network is a decentralized GPU drawing platform that allows artists to use powerful GPU nodes around the world for their projects on demand. Node providers contribute their unused GPU power to a blockchain-based marketplace, enabling faster and cheaper drawing than traditional centralized services. In this system, the Render token acts as a medium of exchange between users and GPU power providers.
Furthermore, Render Network is part of the OTOY technology suite, which uses OctaneRender software. Integration extends to widely used applications such as Blender, Adobe After Effects, Houdini, Autodesk Maya, Unreal Engine, and others.
Market potential
The entertainment industry, especially gaming and cinema, is the primary market for 3D graphics. The demand for computer-generated images and animations continues to grow. For example, according to PwC Global, the entertainment sector could grow significantly in the next few years. Exceeded 3 trillion dollars In value.
The growing demand for 3D graphics will benefit platforms like Render that offer scalable rendering services. Additionally, the availability of the Render network on multiple blockchains – Ethereum, ribbedAnd Solana – Provides additional flexibility and scale. Among these advantages, Solana is particularly capable of handling increasing workloads due to its high scalability and cheap transaction fees.
Furthermore, Render has already collaborated with major productions, including: Virtual Reality Experience For “Batman: The Animated Series” and Opening titles For Westworld.
Market location
As of July 25, Render Network is the #2 distributed computing company, second only to Internet Computer, and #32 in the broader crypto market with a market cap of around $2.6 billion.
While some people may take a Hyobium pill and dream of the token rising to $100 or even $1,000, price analysis should be realistic. Render’s already high status limits its growth potential. It’s not really about dashing dreams but looking at the market with clear eyes instead of rose-colored glasses.
Inflation and supply
Render Network does not have major concerns regarding the token unlock, as most of the tokens have already been unlocked. The only new tokens that have entered circulation are due to the inflation rate, which is set at 760,567 RENDER per month to incentivize users. However, the actual circulating supply has inflated differently. January 2024 to July 2024Supply increased by 18,950,928 renders, resulting in an inflation rate of 5.1% over six months.
the Burning mint balance The deflationary mechanism did not prevent this level of inflation. If this trend continues, the annual inflation rate will reach 10.2%. This metric is crucial for predicting the supply by mid-2025 to accurately assess the value of the token. Starting with a supply of 390,859,381 tokens, the expected supply will be around 430,727,038 RENDER.
Correlation with Bitcoin price movements
Pearson correlation analysis between RENDER and BTC from 2020 to July 2024 shows a correlation of 0.727. The result indicates a strong linear relationship, with RENDER price movements closely following BTC price movements.
The analysis also looked at the annual standard deviations of RENDER and BTC, which were 1.725 and 0.616, respectively. Furthermore, RENDER had a yearly return of 235.69%, while BTC had a return of 62.98%. These figures helped create a model to predict RENDER price movements based on BTC movements.
| Makes | Bitcoin | |
|---|---|---|
| Annual return | 235.69% | 62.98% |
| Annual street deviation | 1.725 | 0.616 |
| Pearson’s correlation coefficient | 0.727 | 0.727 |
Render’s Price Analysis 2025
We developed a model with three scenarios: a bearish case, a base case, and a bullish case. These scenarios correspond to Bitcoin prices in 2025 at $100,000, $150,000, and $200,000, respectively. By standardizing the changes in Bitcoin and RENDER, we calculated the expected price of RENDER in each scenario. The calculations assume a Bitcoin price of $65,000 and a RENDER price of $6.80 as a starting point:
| bear condition | Basic condition | bull condition | |
|---|---|---|---|
| Bitcoin | $100,000 | $150,000 | $200,000 |
| Makes | $14.26 | $24.91 | $35.57 |
The base case scenario seems to be the most realistic. Given the calculated supply, it predicts that RENDER will reach a market cap of around $10.73 billion and a price of $24.91. This market cap seems achievable, considering that RENDER will not be the only token to rise during the price rally.
Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only.