$RENDER price dropped 8% as FUD spread following Coinbase’s announcement to delist the old $ETH Ethereum-based RNDR token—even though the newer $SOL Solana-based RENDER remains fully supported.

Coinbase announced it will suspend trading for RNDR alongside Helium Mobile (MOBILE), Ribbon Finance (RBN), and Synapse (SYN) on June 26. The reason cited was that these older tokens no longer meet listing standards due to the availability of updated versions.