THORChain restores swaps across multiple chains after upgrade, moves closer to supporting Monero
Key points: Version 3.21.1 of THORChain has restored swaps for AVAX, Base, BCH, BTC, DOGE, ETH, LTC, RUNE, TRON, $XRPL, $ZEC , and others. ATOM, BSC, and SOL remain paused, and 14 active nodes still need to upgrade. The upgrade brings the project closer to supporting Monero.
What is affected: RUNE, $XMR , and the cross-chain swap sector.
Reason: An Ethereum chain reorganization once caused an erroneous treasury payment. The upgrade fixes swap performance and advances support for privacy coins.
Resistance and support levels: $RUNE ; watch the 2 to 2.5 range (based on live market prices).
Outlook: Cross-chain liquidity and privacy coin support are medium-term catalysts; the completion of node upgrades will determine the pace of recovery.
Related coin overview: RUNE is THORChain's native token, used for node staking and liquidity incentives; XMR (Monero) is a leading privacy coin.
Key points: Version 3.21.1 of THORChain has restored swaps for AVAX, Base, BCH, BTC, DOGE, ETH, LTC, RUNE, TRON, $XRPL, $ZEC , and others. ATOM, BSC, and SOL remain paused, and 14 active nodes still need to upgrade. The upgrade brings the project closer to supporting Monero.
What is affected: RUNE, $XMR , and the cross-chain swap sector.
Reason: An Ethereum chain reorganization once caused an erroneous treasury payment. The upgrade fixes swap performance and advances support for privacy coins.
Resistance and support levels: $RUNE ; watch the 2 to 2.5 range (based on live market prices).
Outlook: Cross-chain liquidity and privacy coin support are medium-term catalysts; the completion of node upgrades will determine the pace of recovery.
Related coin overview: RUNE is THORChain's native token, used for node staking and liquidity incentives; XMR (Monero) is a leading privacy coin.