THORChain (RUNE) has been under scrutiny following recent price drops and insolvency concerns. Let’s break down its current situation, historical trends, and price prediction for 2025.
Current Thorchain News: Price Decline and Market Concerns
- Current Price: $2.28
- 24-Hour Drop: 28.7%
- Volume-Weighted Average Price (VWAP): $2.77 in the last 24 hours
RUNE’s performance has sparked concerns, with the token dropping significantly from its all-time high (ATH) of $20.87 on May 19, 2021. The current price represents an 88.79% drop from its ATH, but a staggering 27,392.55% increase from its all-time low (ATL) of $0.008513 recorded on September 28, 2019.
Read detailed ThorChain Price Prediction 2030 for more insights
THORChain’s Liquidity and Insolvency Issues
Recent reports highlight significant liquidity challenges for THORChain.
- Liabilities: $97 million in borrowing (primarily in ETH and BTC)
- Assets: $102 million in savings and synthetic assets
- External Liquidity: $107 million
To address its debts, the protocol has been minting and selling RUNE tokens, exacerbating its financial challenges. Validation nodes have temporarily halted network operations as they vote on restructuring proposals.
Thorchain Price Prediction 2025
Despite current struggles, RUNE remains a community-driven network. Here's what the future may hold:
- Bullish Scenario: If THORChain resolves liquidity issues and maintains its technology, Rune price could rise to $11.98 by 2025.
- Bearish Scenario: Liquidity challenges and investor fear (FUD) may push the price down to $4.22, with risks of delisting from major exchanges.
- Neutral Outcome: Without major disruptions, Thorchain price may stabilize at $8.10.
Also Read: Filecoin Price Prediction 2030
Technical Indicators to Watch
- 50-Day SMA: $4.92 (short-term trend)
- 200-Day SMA: $4.71 (broader perspective)
These averages provide a critical lens for monitoring price movements and predicting future trends.
Is RUNE a Good Investment?
RUNE’s potential lies in its ability to navigate current challenges and regain investor confidence. For now, keeping an eye on Thorchain news, liquidity updates, and price trends is crucial for informed decision-making.
