Honestly, Thorchain isn’t just talking about a restart this time—it’s actually reopened most of its routes 👀
$RUNE spot is around 0.625, up about 12% in the past 24 hours, after touching 0.665 intraday. Spot trading volume on Binance was over $11 million. The official status page shows that 10 of the 13 external chains are marked OK for both swaps and signing. The major routes for $BTC and $ETH are back, but BNB Chain, Cosmos, and Solana are still showing yellow lights.
My take: the good news has materialized, but not everything is back online, so don’t treat this move as a “full recovery” ⚠️ First, let’s see when those three yellow lights go out, then whether volume can hold around 0.62.
Are you waiting for all three to come back online before making a move, or have you already followed the gainers list in? 🤔 Just my personal opinion—manage your own position.
$RUNE spot is around 0.625, up about 12% in the past 24 hours, after touching 0.665 intraday. Spot trading volume on Binance was over $11 million. The official status page shows that 10 of the 13 external chains are marked OK for both swaps and signing. The major routes for $BTC and $ETH are back, but BNB Chain, Cosmos, and Solana are still showing yellow lights.
My take: the good news has materialized, but not everything is back online, so don’t treat this move as a “full recovery” ⚠️ First, let’s see when those three yellow lights go out, then whether volume can hold around 0.62.
Are you waiting for all three to come back online before making a move, or have you already followed the gainers list in? 🤔 Just my personal opinion—manage your own position.