Binance Square
#runesprotocol

runesprotocol

132,033 views
103 Discussing
coin era
·
--
Bullish
$RUNE market update Your attention needed for just a minute $RUNE to $6.50? $RUNE is gaining momentum fast. The current setup looks hoghly bullish and abig move could be getting closer. #runecoin #RunesProtocol #runefuture
$RUNE market update
Your attention needed for just a minute
$RUNE to $6.50?
$RUNE is gaining momentum fast.
The current setup looks hoghly bullish and abig move could be getting closer.
#runecoin #RunesProtocol #runefuture
#THORChainRecoveryEntersFinalPhase ⛓️ The DEX cross-chain is about to come back to life THORChain, one of the biggest decentralized exchanges in the game, is in the final stretch of its recovery after being down for over a month due to a $10.7 million hack. 🩸 What went down? On May 15, a hacker posed as a legit node and exploited a vulnerability in the GG20 signing scheme, reconstructing the private key of one of the Asgard vaults in the protocol. They drained ~$10.7M in assets from Bitcoin, Ethereum, BNB Chain, and Base, hitting 12,847 wallets. ⚙️ The recovery plan: ADR028 The community greenlit the ADR028 plan with two key points: · No new RUNE issuance: losses are covered by the protocol's own liquidity (POL), without diluting the holders. · KeyVerify: a new protocol that checks the integrity of each node's keys before migrating funds. 📅 What's happening today? On June 20, THORChain confirmed that the network is in the final phase of recovery: · KeyVerify is checking the keys of each node to ensure all vaults are secure. · Next step: the "churn" – migrating all funds to new vaults. This could take anywhere from a few hours to a couple of days. · Reopening: after the churn, the remaining steps (rehabilitating assets, LP operations, and trading) are expected to be quick. The team has prioritized security over speed – that's why the recovery has been slower than expected. 🧠 Why does it matter? THORChain is a cornerstone of the DeFi ecosystem, enabling cross-chain swaps ($BTC , $ETH , XMR) without KYC. Its reopening could reignite cross-chain trading and demand for RUNE, which plummeted sharply after the attack. Do you think THORChain will regain market trust after this incident? 👇 #THORChain #RunesProtocol #ThorchainDeFi #CriptoNoticias $RUNE
#THORChainRecoveryEntersFinalPhase
⛓️ The DEX cross-chain is about to come back to life

THORChain, one of the biggest decentralized exchanges in the game, is in the final stretch of its recovery after being down for over a month due to a $10.7 million hack.

🩸 What went down?

On May 15, a hacker posed as a legit node and exploited a vulnerability in the GG20 signing scheme, reconstructing the private key of one of the Asgard vaults in the protocol. They drained ~$10.7M in assets from Bitcoin, Ethereum, BNB Chain, and Base, hitting 12,847 wallets.

⚙️ The recovery plan: ADR028

The community greenlit the ADR028 plan with two key points:

· No new RUNE issuance: losses are covered by the protocol's own liquidity (POL), without diluting the holders.
· KeyVerify: a new protocol that checks the integrity of each node's keys before migrating funds.

📅 What's happening today?

On June 20, THORChain confirmed that the network is in the final phase of recovery:

· KeyVerify is checking the keys of each node to ensure all vaults are secure.
· Next step: the "churn" – migrating all funds to new vaults. This could take anywhere from a few hours to a couple of days.
· Reopening: after the churn, the remaining steps (rehabilitating assets, LP operations, and trading) are expected to be quick.

The team has prioritized security over speed – that's why the recovery has been slower than expected.

🧠 Why does it matter?

THORChain is a cornerstone of the DeFi ecosystem, enabling cross-chain swaps ($BTC , $ETH , XMR) without KYC. Its reopening could reignite cross-chain trading and demand for RUNE, which plummeted sharply after the attack.

Do you think THORChain will regain market trust after this incident? 👇

#THORChain #RunesProtocol #ThorchainDeFi #CriptoNoticias $RUNE
After $RUNE breaks the 0.670 – 0.675 resistance zone… what’s next? 👀 That area has been acting as a key barrier for momentum, and a clean breakout could completely change the short-term structure. 📊 What traders are watching now: • Strong volume confirmation • Retest holding above breakout zone • Continuation momentum from buyers • BTC market stability If bulls successfully flip 0.670 – 0.675 into support, RUNE could start targeting higher liquidity zones fast 🚀 🧠 Important reminder: Breakouts without volume often become fakeouts. That’s why confirmation matters more than emotions. For now: 📌 Resistance breakout = bullish signal 📌 Weak retest = caution zone $RUNE is definitely becoming one of the charts worth watching closely 👀 #RunesProtocol NE #THORChain #Crypto #Altcoins #Trading
After $RUNE breaks the 0.670 – 0.675 resistance zone… what’s next? 👀

That area has been acting as a key barrier for momentum,
and a clean breakout could completely change the short-term structure.

📊 What traders are watching now:

• Strong volume confirmation
• Retest holding above breakout zone
• Continuation momentum from buyers
• BTC market stability

If bulls successfully flip 0.670 – 0.675 into support,
RUNE could start targeting higher liquidity zones fast 🚀

🧠 Important reminder:

Breakouts without volume often become fakeouts.
That’s why confirmation matters more than emotions.

For now:

📌 Resistance breakout = bullish signal
📌 Weak retest = caution zone

$RUNE is definitely becoming one of the charts worth watching closely 👀

#RunesProtocol NE #THORChain #Crypto #Altcoins #Trading
Latest 7-Day Analysis of $RUNE {spot}(RUNEUSDT) Coin (THORChain) Coin Name: THORChain (RUNE) Current Price: Around $0.50 USD 24H Change: +5% to +8% bullish move Market Trend: Recovery momentum after recent volatility � Binance +1 Last 7 Days Performance 7 days ago RUNE traded near $0.41 Recently moved above $0.50 Weekly gain approximately 20%+ Strong buying volume appeared during the last week � Bitget Current Technical Analysis Support Zone: $0.46 Resistance Zone: $0.53 If price breaks $0.53, next target may be $0.58 If rejected, pullback toward $0.46 possible Market Sentiment Short-term sentiment is bullish Buyers returned after previous weakness Momentum improved with higher volume and renewed interest � CryptoRank +1 Short Verdict RUNE is showing a strong comeback signal in the current market. If Bitcoin stays stable, RUNE may continue upward this week. Risk remains high because altcoins stay volatile.#RUNE #RuneRising #RunesProtocol
Latest 7-Day Analysis of $RUNE
Coin (THORChain)
Coin Name: THORChain (RUNE)
Current Price: Around $0.50 USD
24H Change: +5% to +8% bullish move
Market Trend: Recovery momentum after recent volatility �
Binance +1
Last 7 Days Performance
7 days ago RUNE traded near $0.41
Recently moved above $0.50
Weekly gain approximately 20%+
Strong buying volume appeared during the last week �
Bitget
Current Technical Analysis
Support Zone: $0.46
Resistance Zone: $0.53
If price breaks $0.53, next target may be $0.58
If rejected, pullback toward $0.46 possible
Market Sentiment
Short-term sentiment is bullish
Buyers returned after previous weakness
Momentum improved with higher volume and renewed interest �
CryptoRank +1
Short Verdict
RUNE is showing a strong comeback signal in the current market. If Bitcoin stays stable, RUNE may continue upward this week. Risk remains high because altcoins stay volatile.#RUNE #RuneRising #RunesProtocol
🏦 Banking Fragility Meets Bitcoin Innovation: Ordinals and Miner Fees ⚙️ The systemic vulnerability of legacy banking systems is once again highlighting the necessity of $BTC {spot}(BTCUSDT) as a decentralized alternative. As regional bank pressures and liquidity shortfalls expose structural flaws in traditional finance, market capital continues to seek refuge in hard assets. This capital flight into a trustless ecosystem coincides with a massive technological transformation occurring directly on the Bitcoin base layer. The explosive growth of digital artifacts like Ordinals and Runes has completely restructured on-chain miner fee dynamics. Rather than relying solely on block rewards, miners now generate significant revenue from transaction fees driven by these native asset protocols. As monitored by @Bitcoinworld , this thriving on-chain economy ensures the long-term economic sustainability of the network's security model. As traditional banks face structural declines, Bitcoin expands its dual role as a global safe haven and a vibrant, self-sustaining financial network. #BankingCrisis #bitcoinordinals #CryptoMining #MinerFees #RunesProtocol
🏦 Banking Fragility Meets Bitcoin Innovation: Ordinals and Miner Fees ⚙️
The systemic vulnerability of legacy banking systems is once again highlighting the necessity of $BTC
as a decentralized alternative. As regional bank pressures and liquidity shortfalls expose structural flaws in traditional finance, market capital continues to seek refuge in hard assets. This capital flight into a trustless ecosystem coincides with a massive technological transformation occurring directly on the Bitcoin base layer.
The explosive growth of digital artifacts like Ordinals and Runes has completely restructured on-chain miner fee dynamics. Rather than relying solely on block rewards, miners now generate significant revenue from transaction fees driven by these native asset protocols. As monitored by @Bitcoinworld , this thriving on-chain economy ensures the long-term economic sustainability of the network's security model. As traditional banks face structural declines, Bitcoin expands its dual role as a global safe haven and a vibrant, self-sustaining financial network.
#BankingCrisis #bitcoinordinals #CryptoMining #MinerFees #RunesProtocol
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number