RUNE Token Soars as THORSwap Reactivates Ethereum Liquidity Pools
RUNE, the native token of the decentralized liquidity network THORChain, has soared higher in the market in recent days, fueled by a move to reactivate ethereum (ETH) pools on the protocol after an exploit earlier this year.
The token, currently ranked 57th by market capitalization, is so far up 10% over the past 24 hours and 65% for the past 7 days, trading at USD 12.77 as of 09:15 UTC. The gains today made RUNE the second-best performer among the top 100 cryptoassets by market capitalization, behind only kadena (KDA) (ranked 102nd), which was up by 24% at the same time.
The rise today comes after what has been an exceptionally good past few days for the token, which has risen more than 71% from less than USD 7.50 since Wednesday last week.
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