In a recent development, THORChain (RUNE), the liquidity network, has unveiled its lending feature, enabling users to leverage their native Layer-1 (L1) assets, such as Bitcoin (BTC) and Ethereum (ETH), to secure loans denominated in TOR, a USD equivalent stablecoin. According to the announcement, this move opens up new avenues for financial participation, allowing users…
THORChain (RUNE) has seen an important rally in the past month. The native token of this decentralized cross-chain bridge rose from its 2022 low at around $3 with 30% intra-day rallies to its current levels. Related Reading | THORChain Activates Feature, 30% Spike Follows, Can Bulls Sustain It? At the time of writing, RUNE’s price trades…
THORChain’s price has been up by over 100% since the last week of October, hitting levels not seen since May 2022. This is an amazing increment in price. But caution is advised since RUNE, an altcoin, seems overbought, possibly signaling a 20% drop in the near future. At the time of writing, RUNE was trading…
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…
RUNE, native token of the cross-chain decentralized exchange THORChain, is currently one of the best-performing cryptocurrencies in the market, boasting of a 31.5 % price increase in the last 24 hours. Based on data from Coingecko, this price gain only underlines the remarkable bullish form of RUNE in the past few weeks, as the token…
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 30 days, while Cosmos’ Inter-Blockchain…
Within the dynamic cryptocurrency environment, THORChain (RUNE) has emerged as a notable altcoin, capturing the interest of investors who are actively pursuing methods to augment the diversification of their investment portfolios. In conjunction with the established entities such as Bitcoin and Ethereum, the cryptocurrency market has experienced significant growth with a diverse range of alternative…
THORChain has been trading in the green and recovering faster than larger cryptocurrencies. The development team behind this project, Nine Realms, announced the launch of their mainnet after 4 years of development and research. Related Reading | Cosmos (ATOM) Price Swells 12% – Can It Breach Resistance? At the time of writing, THORChain (RUNE) trades at…
The dynamic world of cryptocurrencies has once again witnessed a fascinating turn of events, this time with THORChain (RUNE) taking center stage. Over the past seven days, THORChain has experienced a substantial surge in its price, marking an impressive increase of 20.19%. This resurgence has sparked intrigue and excitement among crypto enthusiasts and investors, prompting…