Synthetix Takes Over Altcoin Season With 130% Surge; Bittensor And Render Advance

Altcoin season is rewarding tokens with recent drivers and active market ￰1￱ day’s rotation puts Synthetix in front, with Bittensor and Render following on strong category ￰2￱ action sets the ￰3￱ is currently trading near $2.26, up by over 130% in the past 24 ￰4￱ is now valued at around $416, representing a 30% ￰5￱ changes hands near $2.87, up by 21%. Exchange data shows rising turnover across all three pairs, confirming participation rather than thin ￰6￱ (SNX): Perpetuals Launch Track And Crowded Short Covering Synthetix is rallying on concrete steps toward a new perpetual exchange on the Ethereum ￰7￱ communications and product materials outline phased access, pre-deposits, and a dated trading competition with $1M in ￰8￱ is launching the first perp DEX on Ethereum mainnet To battle test our DEX ahead of launch, we will be running a trading competition featuring a roster of the biggest & best traders in the industry The winner will take home $1,000,000 ￰0￱ — Synthetix (@synthetix_io) September 22, 2025 The package includes gas-free execution mechanics, multi-collateral margin, and an off-chain matching layer that settles on the ￰9￱ view this as a near-term utility boost that can convert attention into ￰10￱ books show heavy bidding through prior resistance ￰11￱ screens indicate a jump in open interest and a shift in funding after shorts crowded the range earlier this ￰12￱ shift aligns with the break of multi-month trend lines on spot ￰13￱ simply, a dated launch path, combined with a technical trigger, drew both systematic and discretionary buyers ￰14￱ hinges on ￰15￱ are watching to see whether volumes remain high after the initial burst and whether enrollment in the competition tracks with the early ￰16￱ marker is breadth across ￰17￱ spreads stay tight and depth improves on secondary exchanges, the move can carry beyond a single ￰18￱ (TAO): AI Basket Strength And Clean Levels Bittensor’s advance arrives on a green day for AI-linked ￰19￱ trackers show steady inflows into data and compute plays, and TAO often absorbs that flow due to its relative ￰20￱ Price () Price reclaimed a key support area last week and pushed above a cluster around the low 300s, which opened up room toward the mid-400s on many technical ￰21￱ readings show constructive funding and firm spot ￰22￱ mix suggests the move is not only leveraged in a directional sense but also cash buyers rebuilding their exposure to the AI ￰23￱ confirmation, traders want to see TAO hold above reclaimed levels into the close and add to open interest without sharp funding ￰24￱ (RENDER): Compute Demand And Venue Breadth Render is rising on renewed interest in GPU-backed compute and DePIN ￰25￱ screens show more consistent volumes across top pairs, while short-term charts indicate a reclaim of a resistance band that capped attempts earlier this ￰26￱ and perps positioning point to measured leverage rather than blowout risk, which often produces steadier climbs during altcoin ￰27￱ chatter also notes improved market depth following recent venue ￰28￱ spot volumes continue to expand and the token holds above today’s breakout zone, RNDR can keep pace with the broader compute ￰29￱ Season Read Today’s rotation is anchored by clear ￰30￱ has a dated mainnet rollout for perpetuals and an active competition that channels ￰31￱ benefits from AI category strength and a clean chart ￰32￱ participates through improving venue breadth and persistent interest in ￰33￱ checklist from here is ￰34￱ SNX volumes, competition enrollment, and delivery cadence on the launch ￰35￱ TAO’s hold above reclaimed levels while AI screens stay ￰36￱ RNDR’s spot depth and whether the breakout band turns into ￰37￱ these markers persist, this pocket of altcoin season can extend into the following sessions.