ThorChain Price Prediction: Can RUNE Coin Reach $100?

November 14, 2024

Price Prediction

Amrit Korpal

ThorChain (RUNE) is a decentralized liquidity protocol designed to solve one of the most significant challenges in the blockchain ecosystem: enabling seamless cross-chain transactions. In an increasingly fragmented world of blockchain networks, THORChain allows users to swap assets directly between different blockchains without the need for centralized exchanges or wrapped tokens. By facilitating trustless, peer-to-peer liquidity across chains like Bitcoin, Ethereum, and Binance Smart Chain, THORChain is reshaping how DeFi operates, opening up new possibilities for liquidity providers, traders, and developers. How will its native coin’s price change in the future? Discover the THORChain price prediction in StealthEX’s latest article.

THORChain (RUNE) Overview

THORChain is a decentralized liquidity protocol built to facilitate trustless, cross-chain asset swaps between different blockchains. Unlike traditional decentralized exchanges that operate on a single blockchain, THORChain enables the direct exchange of native assets from one blockchain to another, without the need for wrapping or pegging tokens. For example, users can swap Bitcoin for Ethereum or Litecoin directly, without relying on intermediaries or third-party services. This cross-chain functionality is powered by the protocol’s native blockchain, which operates as a hub for liquidity across supported chains.

The architecture of THORChain is designed to be both scalable and secure. The protocol is structured around a series of independent liquidity pools, each corresponding to a specific asset or blockchain (e.g., BTC, ETH, etc.). These pools are managed by a network of validators who maintain the system’s integrity, process transactions, and secure the protocol. The validators are incentivized through rewards in the form of THORChain’s native token, RUNE, which also serves as the collateral for each liquidity pool. RUNE plays a key role in the protocol’s cross-chain swaps, acting as a universal liquidity token that enables the exchange between any two assets supported by THORChain. By using RUNE as a settlement asset, THORChain creates a standardized and efficient method for transferring value across multiple chains, all while maintaining decentralization and minimizing the risks associated with centralized exchanges.

THORChain was founded in 2018 by an anonymous group of developers. The project was conceived to enable seamless cross-chain asset swaps and liquidity in a decentralized manner. Its development has been driven by the vision of creating a protocol that allows users to exchange assets across different blockchains without relying on centralized intermediaries or wrapping tokens. The THORChain team has continued to refine and improve the platform over the years, and it officially launched its mainnet in 2021, marking a significant milestone in the project’s evolution.

THORChain Features

THORChain offers a number of features within the crypto space:

1. Cross-chain asset swaps. One of THORChain’s most innovative features is its ability to facilitate direct, trustless swaps between native assets on different blockchains. Unlike other DeFi platforms that require wrapped tokens or synthetic assets, THORChain enables users to swap Bitcoin for Ethereum, Litecoin for Binance Coin, and many other assets natively. This cross-chain capability removes the need for centralized exchanges or bridges, creating a more secure and decentralized environment for asset trading.
2. Decentralized liquidity pools. THORChain’s liquidity pools are decentralized and contain native assets from various blockchains, allowing users to provide liquidity and earn rewards. The pools are backed by RUNE, THORChain’s native token, which acts as the settlement asset for swaps across different chains. Liquidity providers (LPs) are incentivized with rewards in RUNE, which not only compensates them for supplying liquidity but also helps ensure the liquidity of the network by serving as collateral.
3. Permissionless and open-source. THORChain is a fully permissionless and open-source protocol, meaning anyone can participate as a liquidity provider, developer, or validator without needing special permission. This openness fosters innovation and ensures that the protocol remains decentralized, transparent, and accessible to a global community of users and developers.
4. Threshold Signature Scheme. THORChain utilizes a Threshold Signature Scheme (TSS) for transaction signing, which enables a decentralized, multi-party signature process to secure transactions. TSS eliminates the need for trusted third parties, enhancing security and making the system more resistant to attacks or failures. This cryptographic approach allows THORChain to securely facilitate cross-chain swaps in a decentralized manner, ensuring that users’ assets are safe.
5. Low slippage and high liquidity. Due to the deep liquidity pools and the use of RUNE as the universal liquidity token, THORChain aims to offer low slippage on trades, even for large transactions. By centralizing liquidity in a single token (RUNE), the protocol can aggregate liquidity across multiple blockchains and ensure that users have access to a larger pool of liquidity, helping to reduce slippage and improve trading efficiency.

THORChain (RUNE) Price Chart    

CoinMarketCap, November 14, 2024

RUNE Coin Price History Highlights 

• 2019: When THORChain first launched its mainnet in 2019, RUNE’s price was relatively low, around $0.1 – $0.2 per token. As the project began to attract more attention within the DeFi and blockchain interoperability communities, RUNE’s price slowly started to rise, driven by the growing interest in cross-chain decentralized exchanges.
• 2020: The token rose from 1 cent to 7 cents by the start of 2020, but its market capitalization rarely budged above $10 million.
• 2021: The most significant price surge for RUNE occurred in 2021, during the broader cryptocurrency market bull run. In April 2021, as THORChain gained traction and became a key player in the cross-chain DeFi space, RUNE hit its all-time high of around $21.26. This surge was driven by the increasing demand for cross-chain liquidity and the rising popularity of THORChain’s liquidity pools and decentralized exchange features.
• 2022: The price of RUNE slumped again, in line with the broader crypto downturn in 2022. RUNE was fluctuating between $5 and $10 per token for most of the year. The market as a whole experienced a slowdown during this time, affecting many DeFi tokens, including RUNE.
• 2023: In 2023, RUNE started slowly increasing in price. On December 23, 2023 the open price of THORChain was $5.38.
• 2024: During the bullish market in March, THORChain reached $10.45. It has since fallen in price and right now hovers between $5 and $6.

ThorChain Price Prediction 2025, 2026, 2030-2040

RUNE Crypto Price Prediction 2024

DigitalCoinPrice experts are of the opinion that in 2024 THORChain token can fall below its current price, to $4.86 (-10%), while at its highest point, it can reach $11.94 (+121%).

PricePrediction crypto analysts believe that at the end of 2024 RUNE token will cost $5.19 (-3%) at its low, while at its maximum RUNE might reach $5.58 (+3%).

Telegaon analysts give a more optimistic forecast for RUNE: at its minimum in 2024 it can hit $12.29 (+127%) or it can reach a maximum price of $22.33 (+313%).

THORChain Price Prediction 2025

According to DigitalCoinPrice, THORChain token will definitely cost more than it does now. In 2024, its price can go as high as $14.12 (+161%) per coin. At its minimum, the coin might drop to $11.63 (+115%).

Based on the experts’ forecasts at PricePrediction, in 2025, RUNE crypto will continue slowly, but steadily rising in price: $7.63 (+41%) at its lowest point and $9.25 (+71%) at its peak.

Telegaon experts predict that in 2025 RUNE might go as low as $22.56 (+317%), while at its maximum it can reach $30.39 (+462%).

THORChain Price Prediction 2026

DigitalCoinPrice experts think that in 2026, ThorChain crypto might go as high as $19.44 (+260%) per coin at its maximum. Its minimum price can drop to a minimum of $16.03 (+196%).

PricePrediction analysts think that in 2026 RUNE crypto will go as low as $11.39 (+110%) at its lowest point vs $13.34 (+147%) at its peak.

Telegaon analysts believe that in 2026 RUNE coin will hit a minimum of $31.54 (+484%), while at its highest point it can rise to $43.52 (+705%).

THORChain Price Prediction 2030

According to DigitalCoinPrice, by 2030 RUNE will see the lowest price of $36.71 (+579%), while at its peak it might finally reach $40.69 (+653%).

PricePrediction analysts believe that by 2030, RUNE coin will considerably rise in price: it can reach a maximum level of $60.63 (+1,022%), while its minimum price might drop to $51.88 (+860%).

Analysts at Telegaon think that by 2030, THORChain is going to reach $100 or come close to it: $106.75 (+1,876%) at its peak and might trade at a minimum of $86.23 (+1,496%).

RUNE Price Prediction 2040

According to PricePrediction forecasts, in 2040 RUNE’s price will skyrocket: its minimum price is expected to be a whopping $2,691 (+49,733%), while its maximum price is going to soar to $3,311 (+61,214%).

When it comes to long-term predictions, Telegaon believes that RUNE coin can hit $235.21 (+4,255%) at its lowest point or it can go to an all-time high of $279.52 (+5,076%).

THORChain (RUNE) Price Prediction: What Do Experts Say?

Many experts are bullish on THORChain’s long-term prospects, driven by the increasing demand for cross-chain interoperability and liquidity in the DeFi space. As THORChain continues to evolve, adding support for more blockchains and improving its ecosystem, its potential to become a key infrastructure provider for decentralized liquidity is widely recognized.

Some analysts predict that if THORChain continues to attract LPs and integrations with other blockchains, the price of RUNE could experience significant growth in the coming years. Many think that the broader DeFi market will recover and that THORChain’s unique cross-chain capabilities will play an increasingly critical role in decentralized exchanges and liquidity provision.

In connection with the development of THORChain many experts, such as BlockchainReporter via CoinMarketCap, believe that by 2030, RUNE coin can hit a high of $68.

RUNE USDT Price Technical Analysis     

Tradingview, November 14, 2024

Now that we’ve seen possible price predictions for RUNE, let’s find out a bit more about the factors that can influence its price.

What Does the RUNE Price Depend On?

The adoption of THORChain and the expansion of its user base are major drivers of RUNE’s price. As more blockchains and assets integrate with the THORChain protocol, the demand for RUNE increases, as it acts as the universal liquidity asset for cross-chain transactions.

Moreover, RUNE’s utility is heavily dependent on THORChain’s ability to integrate more blockchains and establish partnerships within the DeFi space. Every time a new blockchain (like Solana, Avalanche, or Cosmos) is integrated into THORChain, it broadens the pool of assets available for cross-chain swaps, which drives increased demand for RUNE.

Another important factor is the growth of DeFi. THORChain is a core infrastructure provider within the DeFi space, and its success is directly tied to the health of the broader DeFi market. During periods of strong DeFi growth and high trading volumes, the demand for DEXs and cross-chain liquidity protocols like THORChain tends to rise. This creates higher trading activity, more users, and more liquidity for THORChain, which boosts RUNE’s price.

When assessing RUNE as an investment, keep the following considerations in mind:

• News;
• Market sentiment;
• Technical developments;
• Partnerships and collaborations;
• Supply and demand;
• Adoption;
• Overall growth of the market;
• Regulatory landscape;
• DeFi growth;
• Utility;
• Lending and borrowing features.

Risks and Opportunities

The overall liquidity of RUNE and its presence on major cryptocurrency exchanges are key factors that affect its price. As RUNE is traded on more exchanges and is paired with more assets, its market liquidity improves, which leads to less slippage and more efficient price discovery. Increased trading volume on exchanges signals stronger market interest and often correlates with price movements. To add to this, security and network stability are critical factors influencing RUNE’s price. If the protocol experiences any security vulnerabilities, hacks, or downtime, it could severely damage investor confidence and result in a decline in RUNE’s price.

All in all, investing in RUNE carries some general risks, just like investing in any other cryptocurrency. These concerns may be connected with volatility, liquidity, demand, encryption, concentration, regulation, and cyber security. Any investor should consider these before purchasing RUNE.

Is THORChain (RUNE) a Good Investment?

THORChain has significant potential as a long-term investment, especially for those who believe in the continued growth of DeFi and the importance of cross-chain interoperability. However, like any cryptocurrency, RUNE comes with high volatility, competition, and regulatory risks. Investors should be prepared for price fluctuations and understand that, while the protocol has a strong technological foundation, its success will depend on continued adoption, network security, and the evolving regulatory environment.

What Makes THORChain Special?

THORChain’s unique value proposition — allowing seamless, trustless swaps between different blockchain assets without relying on centralized exchanges — positions it as a promising infrastructure project within the DeFi space.

Does THORChain Have a Future?

THORChain does seem to have a promising future, particularly given the growing demand for cross-chain interoperability and DeFi solutions. However, its long-term success will depend on a variety of factors, including the evolution of the DeFi space, its ability to scale effectively, and how well it can maintain a competitive edge in a rapidly changing landscape.

Why Is Rune Going Up?

At the moment, the market is influenced by a strong upward movement following the US presidential elections.

Can RUNE Reach $100?

PricePrediction experts believe that this can happen between 2031 and 2032.

Can THORChain Reach $1000 Dollars?

While it’s possible for THORChain to achieve a $1,000 price point in the distant future, it would require an exceptional growth trajectory in adoption, liquidity, and market dominance. To reach this level, THORChain would need to dominate the cross-chain interoperability space, achieve widespread institutional adoption, and see massive growth in the DeFi market.

How High Can THORChain Go?

If THORChain maintains its position as the leader in cross-chain interoperability, continues to scale effectively, and integrates with major DeFi projects, RUNE could see substantial price increases in the future. Reaching prices in the hundreds of dollars (or higher) is theoretically possible, but would require continued innovation, adoption, and overcoming significant challenges in terms of scalability, security, and competition.

What Will RUNE Be Worth in 2025?

According to DigitalCoinPrice, in 2025 RUNE will hit a maximum of $14.

What Is the Price Prediction for THORChain in 2040?

PricePrediction experts say that in 2040 THORChain crypto will hit a maximum of $3,300.

What Is the All-Time High of THORChain?

On May 19, 2021 THORChain (RUNE) hit its all-time high of $21.

Conclusion

THORChain represents a significant leap forward in the world of decentralized finance by solving the cross-chain liquidity problem in a truly trustless and secure manner. By enabling users to swap assets seamlessly across different blockchains without relying on centralized exchanges, THORChain empowers a more decentralized, interoperable ecosystem. With its innovative use of the Cosmos SDK and the creation of the RUNE token as a liquidity backbone, THORChain paves the way for a new era of DeFi, where users retain full control over their assets and are no longer dependent on intermediaries.

Where to Buy RUNE Coin?

StealthEX is here to help you buy RUNE crypto if you’re looking for a way to invest in this cryptocurrency. You can buy RUNE privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy RUNE: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to RUNE.
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

Follow us on Medium, X, Telegram, YouTube, and Publish0x to stay updated about the latest news on StealthEX.io and the rest of the crypto world.

Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.