Categories: analysiscryptoCrypto Analysis

Can This THORChain New Feature Push Back RUNE Bears?

THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023. It is a feature THORChain says will complete their THORFi ecosystem. However, amid this development and community anticipation, RUNE remains under pressure, slipping 32% from April 2023 highs as of writing on May 30. THORChain Lending According to THORChain, Lending will function similarly to other decentralized money markets, including one of the earliest, MakerDAO, which operates on Ethereum. With THORChain Lending, not only can the borrow deposit collateral, a token or coin already integrated by the platform, but also

Thorchain Dominates Cross-Chain Trading Volume: What’s Next for RUNE?

Thorchain, a cross-chain liquidity network, has emerged as a frontrunner in cross-chain transfers, surpassing its competitors in volume and transaction activity, on-chain data shows. Thorchain Trading Volume Expands As Prominence Increases Citing Galaxy Research data, a user on X, Bullion, noted that Thorchain processed $4.82 billion in cross-chain transactions over the past…

January 7, 2024

In "analysis"

Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)

April 25, 2023

In "Bitcoin"

THORChain (RUNE) Tipped For 70% Decline Amid North Korean Transactions Debacle

RUNE, the native token of the THORChain protocol, remains under significant bearish pressure following a 9.09% price decline in the last week. According to crypto analyst Ali Martinez, RUNE is likely far from a market recovery following a bearish flag pattern on its trading chart. RUNE Chart Hints At Major…

March 2, 2025

In "analysis"

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Can This THORChain New Feature Push Back RUNE Bears?

Related

Thorchain Dominates Cross-Chain Trading Volume: What’s Next for RUNE?

Unizen (ZCX) enters a strategic partnership with THORChain (RUNE)

THORChain (RUNE) Tipped For 70% Decline Amid North Korean Transactions Debacle

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