The Remarkable Rise of THORChain: The Journey from RUNE’s Price Hike to Becoming the Second Biggest DEX
THORChain, a protocol for decentralizedWith normal currency, banks and governments control everything – they’re the central authority. But cryptocurrencies work differently! Instead of one central group calling all the... exchange, has recently risen to be the second biggest DEX, with its inherent cryptocurrency, RUNE, witnessing a significant hike. In the past week, THORChain’s trading volume has soared past $1.325 billion, outshining PancakeSwap and only lagging behind Uniswap. This swift expansion was unpredicted, even by Chad Barraford, THORChain’s main developer.
THORChain is often juxtaposed with Uniswap as a multichain equivalent, allowing users to carry out