Infrastructure Sector Brief: GPU Networks Rally

Key Insights

• Top Performer: Render's token price is up 70% over the last 30 days
• Key Development: Render passes RNP-005 to onboard Beam as the second GPU client to leverage Render's GPU supply for machine learning
• Key Trend: Onchain infrastructure around sensor networks is emerging

Ecosystem Screener

GPU compute networks like Render and Akash have led an overall positive month in the DePIN sector. The market cap of Render and Akash have expanded 70% and 30%, respectively, over the last 30 days as the investment narrative for GPU networks continues to materialize.