RUNE Jumps 9.5% After THORChain Restores Most Swaps

THORChain’s native token RUNE rose about 9.5% over 24 hours to roughly $0.63, according to CoinMarketCap, after the protocol restored swapping across most of its supported networks. The restart followed a temporary halt triggered by an Ethereum reorganization and refund-related issue. The recovery puts the cross-chain crypto exchange back online across several major blockchain routes, while some networks remain restricted.

Cross-chain swaps have resumed on networks including Bitcoin, Ethereum, Avalanche, Base, Bitcoin Cash, Dogecoin, Litecoin, Tron, XRP Ledger and Zcash. BNB Smart Chain, Cosmos Hub and Solana remained halted in the latest network update. RUNE traded between approximately $0.575 and $0.661 over the previous 24 hours, while trading volume increased sharply alongside the price move.

The main metric to watch is whether THORChain restores the remaining paused networks and maintains stable swap operations after the technical disruption. RUNE’s rebound occurred alongside the partial service recovery, but the timing alone does not prove that the restart caused the price increase. Continued network stability, swap activity and trading volume will provide clearer signals about whether the move can be sustained.

Source: CoinMarketCap.

Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.