RUNE Crypto Soared 56%: Discover the Reasons Behind THORChain’s Resurgence
RUNE crypto experienced a 56% increase in just one week as THORChain recovers from challenges faced in Q1 2025. The launch of the TCY token, the v3.5.0 upgrade, and lower fees are fueling this resurgence, with trading volume reaching $100 billion.
This year has been quite tumultuous for RUNE crypto and THORChain. From bankruptcy fears that caused RUNEUSDT to plummet in Q1 2025 to allegations of facilitating the laundering of stolen Bybit funds, the developers had to present something remarkable to change perceptions and mend the situation.
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RUNE Jumps 56% in Just One Week
THORChain appears to be on the right track, at least regarding its price trend. RUNE has emerged as one of the top performers, gaining an impressive 56% in the last week. Although more progress is necessary for the project to enter the top 100, signs of advancement are clear, establishing RUNE crypto as one of the best cryptos to consider in May 2025.
From a technical standpoint, the upward trend persists. After several months of stabilization from early February, the currency has broken higher this month. The range between $1.50 and $1.60 proves to be solid price floor. If the bulls can hold off the bears from pushing lower, prices may moon in the following weeks, potentially reaching $3 and $5. Consequently, RUNE crypto would significantly outperform even some of the best Solana meme coins.
(RUNEUSDT)
Launch of TCY Coin
This recent rally is propelled by strategic advancements coming to fruition. Specifically, after the tumultuous events of Q1 2025, the team introduced a new token, TCY, as an alternative to diluting RUNE’s circulating supply in response to bankruptcy risks.
TCY aims to tackle the repercussions stemming from the default of the THORFi lending and savings program. Similar to other decentralized money markets like Aave, THORFi enabled users to lend and earn yields on their assets. However, over-leveraged debt and strain on the platform ultimately led to a temporary insolvency declaration and halt in Q1 2025.
Launched on May 5, TCY can be claimed by THORFi stakeholders and grants stakers continuous access to 10% of THORChain’s revenue. Since the launch, RUNE values have strengthened, and trading volume on THORChain is rising.
TCY, @THORChain‘s solution for THORFi claimants (Lending, Savers Earn, Synths) is now live on @THORSwap!
Stake TCY to earn 10% of THORChain’s network income.
Claim, manage, and trade TCY all in one cohesive platform: https://t.co/x7UkSyjWll
1/ Learn more
— THORSwap
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Developers Launch v3.5.0 and THORChain Nodes Reduce Swapping Fees
On May 1, THORChain activated v3.5.0, incorporating technical improvements, such as a complete overhaul of Bifrost, the cross-chain bridge. Developers have also enhanced the DEX’s transaction protection while simultaneously improving its reliability and scalability, which were vital to the TCY launch.
On May 6, THORChain nodes decided to cut platform fees from 16 to 10 basis points, making swaps more affordable and appealing.
Mimir Update: L1SLIPMINBPS = 5
Onwards!
— THORChain (@THORChain) May 6, 2025
Plans are underway to integrate additional chains, including Tron, TON, and the XRP Record, which will likely draw more traders.
Currently, a THORChain report indicates that trades related to BTC and Ethereum make up over 80% of the total trading volume over the past year. Expanding the selection with more top altcoins may lead to increased choices and further volume growth.
(Source)
As the multi-chain DEX rebuilds and moves beyond the Q1 2025 controversies, it continues to achieve several milestones.
State of the Protocol 12/05 – Volume Crosses $100B
What makes this even more remarkable is that THORChain does not rely on incentives to attract users. All… pic.twitter.com/1m1K9sk4x7
— THORChain (@THORChain) May 12, 2025
On May 12, the platform crossed the $100 billion mark in total trading volume, reaffirming THORChain’s status as a preferred decentralized available volume hub for exchangers.
(Source)
There are more than 750,000 unique wallets in existence, with the network onboarding over 18,000 new wallets monthly, on average.
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THORChain RUNE Crypto Climbs 56%: Here’s the Reason
- RUNE crypto rises 56% in a week. With solid support around $1.50–$1.60, the token may surpass $5
- TCY is boosting RUNE demand. The crypto token resolves THORFi’s insolvency issues, granting stakers 10% of platform fees
- THORChain developers release v3.50.0 to enhance safety, reliability, and scalability
- Nodes vote to decrease swapping fees from 16 to 10 basis points. Can THORChain attract more traders?
The post RUNE Crypto Just Pumped 56%: Here’s Why THORChain is Making a Comeback appeared first on 99Bitcoins.
