Render volume saw a significant increase of 47% while RNDR prices rose by 7%. This surge is attributed to Coinbase's recent launch of perpetual futures.
The introduction of these futures by Coinbase has generated increased interest and trading activity in RNDR, leading to heightened demand and a subsequent price rise.
This development underscores the impact of major exchanges' offerings on cryptocurrency markets, particularly for specific assets like RNDR.