After a recent 10% price drop, market participants are watching to see if RNDR's notable increase in trading activity and positive monthly trend can hold.
RNDR shows mixed weekly performance but strong volume
Over the last week, RNDR's price declined by
↘4%
, which was a smaller drop than the
↘7%
seen by competitor LDO. RNDR maintained a
↗7%
gain for the month, and its 24-hour trading volume surged
↗61%
, outpacing the market average increase of
↗41%
.
Social media activity saw a massive, short-lived spike
RNDR experienced an extraordinary
↗284,633%
increase in weekly social media mentions, though this activity fell
↘92%
over the last 24 hours. Despite this volatility, community sentiment scores remain very strong at 89% and have been highly stable.
Price corrected sharply in the last day
Despite some positive metrics, RNDR's price fell
↘10%
over the last 22 hours.