THORChain ($RUNE) Crypto Forecast: Down 5.3% Today

What is THORChain?

RUNE is the native token of THORChain, a decentralized liquidity protocol that enables asset swaps across various blockchains. Recent volatility in the cryptocurrency market has been catching the attention of investors as they track progress in different projects.

Why is THORChain going down?

RUNE crypto is down 5.3% on Apr 30, 2025 13:57

• The decline in RUNE's value today may be linked to the drop in THORChain's DeFi USD Total Value Locked (TVL) in Q1, despite an increase in native deposits. This discrepancy could have unsettled investors about the project's overall strength and growth prospects.
• Initial enthusiasm and positive sentiment following the announcement of XRP stagenet's integration before the mainnet launch might have waned if investors perceived delays or complications in the process, leading to token sell-offs.
• Despite increased swap activity and protocol fees from the XRP integration, these gains may not have been enough to counterbalance the negative impact of the TVL decrease, prompting some traders to capitalize on gains or limit losses in the short run.
• Today's RUNE market activity indicates a mix of eagerness for upcoming developments and apprehensions regarding the project's performance measures, emphasizing the significance of monitoring technical advancements and fundamental indicators in the cryptocurrency realm.

RUNE Price Chart

RUNE Technical Analysis

RUNE News

THORChain announces integration of XRP stagenet ahead of the mainnet network launch

THORChain (RUNE) announced on Tuesday that its stagenet development of its Ripple (XRP) integration is nearing the final step, with mainnet activation imminent. This integration enhances THORChain’s economic model by increasing swap activity and protocol fees.

https://www.fxstreet.com/cryptocurrencies/news/thorchain-announces-integration-of-xrp-stagenet-ahead-of-the-mainnet-network-launch-202504300828

RUNE Slump Hits THORChain’s DeFi USD TVL in Q1, But Native Deposits Surge

RUNE Slump Hits THORChain’s DeFi USD TVL in Q1, But Native Deposits Surge

https://cryptopotato.com/rune-slump-hits-thorchains-defi-usd-tvl-in-q1-but-native-deposits-surge/

Trending Today

Dogecoin ($DOGE) Crypto Forecast: Up 7.5% Today

Marvell Technology Group Ltd. ($MRVL) Stock Forecast: Up 7.0% Today

Becton Dickinson and Company ($BDX) Stock Forecast: Down 14.7% Today

Snowflake Inc ($SNOW) Stock Forecast: Up 6.0% Today

Solana ($SOL) Crypto Forecast: Up 6.2% Today

QUALCOMM Incorporated ($QCOM) Stock Forecast: Down 7.0% Today

Eli Lilly and Company ($LLY) Stock Forecast: Down 10.2% Today

Broadcom Inc. ($AVGO) Stock Forecast: Up 5.0% Today

Meta Platforms, Inc. ($META) Stock Forecast: Up 7.2% Today

Microsoft Corporation ($MSFT) Stock Forecast: Up 10.2% Today

THORChain Price History

30.03.2025 - RUNE Crypto was down 5.3%

• The decline in RUNE's value today may be linked to the drop in THORChain's DeFi USD Total Value Locked (TVL) in Q1, despite an increase in native deposits. This discrepancy could have unsettled investors about the project's overall strength and growth prospects.
• Initial enthusiasm and positive sentiment following the announcement of XRP stagenet's integration before the mainnet launch might have waned if investors perceived delays or complications in the process, leading to token sell-offs.
• Despite increased swap activity and protocol fees from the XRP integration, these gains may not have been enough to counterbalance the negative impact of the TVL decrease, prompting some traders to capitalize on gains or limit losses in the short run.
• Today's RUNE market activity indicates a mix of eagerness for upcoming developments and apprehensions regarding the project's performance measures, emphasizing the significance of monitoring technical advancements and fundamental indicators in the cryptocurrency realm.

11.02.2025 - RUNE Crypto was up 5.2%

• The bullish movement in RUNE could be attributed to positive sentiment in the DeFi space, with investors showing confidence in projects like THORChain.
• The speculation surrounding THORChain's involvement in illicit activities may have initially caused some uncertainty in the market, but the strong bullish movement suggests that investors are focusing more on the project's potential and technological advancements rather than the negative news.
• Despite the criticisms and money laundering allegations, RUNE's bullish movement indicates that investors are optimistic about the project's ability to navigate regulatory challenges and continue innovating in the DeFi sector.

21.03.2025 - RUNE Crypto was up 6.1%

• The bullish movement of RUNE today could be attributed to positive sentiment in the overall cryptocurrency market, with investors showing confidence and increasing their positions.
• The recent hack by a specific group and efforts to trace the funds may have indirectly impacted the cryptocurrency market, leading to increased interest in decentralized finance projects like THORChain, which RUNE is a part of.
• Investors might be viewing decentralized finance platforms as more secure and transparent alternatives, leading to a surge in demand for tokens like RUNE.

28.01.2025 - RUNE Crypto was down 15.5%

• The bearish movement in RUNE today could be attributed to the negative sentiment surrounding the THORChain network due to illicit activities exploiting the protocol.
• Recent developments within THORChain, such as a developer leaving and a validator contemplating the same action, have raised concerns among investors, potentially prompting a sell-off.
• The broader cryptocurrency market may have been influenced by money laundering activities associated with a recent hack, contributing to the overall downward trend in the market, including the depreciation of RUNE.

28.01.2025 - RUNE Crypto was down 9.6%

• The bearish movement in RUNE today can be attributed to negative sentiment surrounding recent security breaches and concerns about potential illicit activities in the cryptocurrency space.
• The exit of a THORChain developer and the threat of a validator leaving due to transactions linked to a specific country further increased uncertainty and eroded trust in the project, impacting associated tokens like RUNE.
• Ongoing laundering of hacked funds, particularly in Ethereum, by a known hacker may have heightened concerns about security vulnerabilities in the cryptocurrency ecosystem, contributing to downward pressure on assets such as RUNE.
• The cumulative impact of security breaches, illicit transactions, and money laundering in the cryptocurrency space likely amplified investor anxieties, leading to the bearish movement in RUNE.

28.03.2025 - RUNE Crypto was up 5.1%

• Despite the initial slump in THORChain's Total Value Locked (TVL) due to RUNE's bearish movement, the surge in native deposits indicates renewed interest and confidence in the token.
• The bullish movement of RUNE today could be attributed to the increased native deposits, showing that investors are optimistic about the future of the THORChain ecosystem.
• This positive market movement suggests that the recent slump in THORChain's TVL in Q1 may have been a temporary setback, with investors now showing renewed enthusiasm for the project.

09.03.2025 - RUNE Crypto was down 5.6%

• RUNE experienced a bearish movement likely due to the broader market turmoil and uncertainty surrounding regulatory actions.
• A decision to delist certain crypto pairs may have added to the negative sentiment in the market, impacting the price of tokens like RUNE.
• The market volatility and potential risk associated with the delisting of crypto pairs could have led investors to sell off assets like RUNE, contributing to the bearish movement.
• Traders may be cautious about the future performance of tokens like RUNE amidst the ongoing market turbulence and regulatory challenges, leading to a downward trend in prices.

16.03.2025 - RUNE Crypto was down 5.2%

• RUNE experienced a bearish movement likely due to profit-taking by investors after a period of strong gains.
• The market turmoil mentioned in the Binance delisting news may have added to the selling pressure on various cryptocurrencies, including RUNE.
• The positive price action of Pi Coin following the Chainlink integration may have diverted some attention and funds away from other cryptocurrencies like RUNE.
• Overall, the combination of profit-taking, market uncertainty, and shifting investor focus contributed to the bearish movement in RUNE today.

05.02.2025 - RUNE Crypto was down 5.2%

• The bearish movement in RUNE could be attributed to the controversy surrounding the laundering of stolen Bybit funds using THORChain by the Lazarus group.
• The news of North Korean transactions debacle and a potential 70% decline in THORChain might have spooked investors, leading to a sell-off in the token.
• The exit of a THORChain developer and the threat of a validator to follow suit due to the failed bid to halt North Korean transactions could have added to the negative sentiment surrounding the project.
• The ongoing laundering of hacked funds, including a substantial amount of Ethereum, by the Bybit hacker might have raised concerns about security and compliance within the cryptocurrency space, impacting RUNE's price negatively.

05.02.2025 - RUNE Crypto was up 5.2%

• Despite recent controversies, including money laundering concerns and North Korean transactions, the asset displayed a strong bullish movement today.
• This upward trend might be due to investors viewing the recent price drop as a buying opportunity and making purchases at reduced prices.
• Positive developments within the THORChain ecosystem that were not widely publicized could have also influenced the market's behavior.
• Traders should stay updated on developments related to THORChain to make well-informed decisions in the current unpredictable market environment.

26.01.2025 - RUNE Crypto was up 15.5%

• RUNE's positive movement today could be linked to the optimistic overall sentiment in the cryptocurrency market, as investors exhibit confidence and increase their positions in various digital assets.
• The recent events involving the laundering of stolen Ethereum by the Bybit hacker may have indirectly influenced the crypto market, prompting investors to explore alternative tokens like RUNE that are perceived as relatively more secure and less vulnerable to cyber threats.
• Amidst the search for secure investment opportunities in the cryptocurrency realm, the distinctive features of RUNE and its robust community backing could have attracted more buyers, aiding its upward trend today.

02.02.2025 - RUNE Crypto was up 5.4%

• Despite recent events involving THORChain and a crypto platform, RUNE witnessed a significant uptrend.
• Investors appear to be optimistic about THORChain's technology and the project's ability to withstand challenges.
• The token's rise may be influenced by market speculation or technical aspects rather than the negative publicity.
• Traders should stay informed about industry developments and weigh both positive and negative aspects before making decisions.