# What is Render (RNDR)?

> Render (RNDR) has became one of the most interesting tokens of 2023 and it is worth mentioning few things about it. 

**Published by:** [Tikur](https://paragraph.com/@tikur/)
**Published on:** 2023-05-11
**Categories:** cryptocurrency, blockchain, render, gpu
**URL:** https://paragraph.com/@tikur/what-is-render-rndr

## Content

What is Render?Render is a distributed GPU rendering network built on the Ethereum Blockchain. The main purpose of Render is to connect users in need of GPU compute power with partners willing to rent out their GPU. People having idle GPUs can connect their GPU to the Render Network to receive and complete rendering jobs which can be very beneficial to both parties.The Render Token (RNDR)The render token has its own ERC-20 utility token called RNDR. The token is used to:pay for rendering and streaming servicesfund rendering projectspay bonuses for node operatorsRNDR has registered an all-time high price of $8.78 in 2021 and registered an all-time low price of $0.03665669 in 2020.Render (RNDR) CurrentlyRender currently has a market cap of $617,549,912 and ranked around 72nd based on this. Its price is around $1.69 currently but this might change by the time you read this. RNDR price in the last 30 days The recent proposal to move the Render network to the Solana blockchain did cause some increase in the price of RNDR. But the crypto market is very turbulent right now that these gains were not sustained. So what are your thoughts on Render (RNDR)...... Let me know in the comment section.DisclaimerI am not a financial advisor. The information found here are for educational purposes and cite my personal opinion. Resourceshttps://rendertoken.com/https://coinmarketcap.com/currencies/render-token/https://www.pexels.com/photo/woman-near-wall-3194901/

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