BTC and ETH are showing recovery signs in today's market session as SOL dominates with RNDR, which just completed its RNP voting process.
Ethereum is also in for a recovery session today, as the number two crypto records a 2% gain within 24 hours despite the weekly loss still standing at 10%. Ethereum’s trading volume has also increased by 8.5% within the same period showing the increased action on Ethereum.
Altcoin markets
Trading at $22, Solana had recorded an increase of close to 5% with the trading volume recording a 2% increase within the same period. Showing the incredible dominance Solana presents in today’s market session.
The RNDR token stands out as today’s top 100 top gainers recording a 16% surge within 24 hours as it also sits on a 6% weekly gain in price in valuation within the same period as of press time. RNDR’s trading volume has also surged by 74% within the same period.
This comes as the token recently completed its RNP voting process which might have caused increased attention on the token as the RNDR whales awaited the final voting result.
Two suggestions, RNP-002 and RNP-003, were recently approved by a Render Network vote. There was enough support in the end for both plans to pass the vote, and they will both be implemented. The final tally for RNP-002 was around 4.8 million RNDR in favor and 36,000 RNDR against; for RNP-003, the tally was approximately 4.7 million in favor and 4.9 thousand opposed.
Both ideas have been formally included in Render Network’s future plans. The Render Network team appreciates the time and effort put in by all of the community members who cast votes and provided feedback.