Share your analysis about the potential price action and help others gain insights. Technicals suggest strong support on the weekly timeframe what do you think?

🚀 Opportunity Amid Uncertainty: Why $RUNE Could Be Finally Ready to a Steady Rise.

Yes, the past few weeks have been rocky for @THORChain, but after some research I’ve found some good reasons on some of the protocol’s features here’s the bigger picture:

1️⃣ Solvency Confirmed: Concerns about Lending insolvency against $BTC and $ETH were overblown. The system is solvent, and anyone can close loans freely.

2️⃣ Decentralization Strengthened: Admin keys that caused concerns will be removed in the next upgrade, pushing TC closer to full decentralization.

3️⃣ Solid Roadmap Execution: This year’s roadmap is being delivered on time, showing the team’s commitment to growth.

4️⃣ Expansion Continues: #Base has been added to TC, with trading going live tomorrow—a big step for cross-chain activity. And #Solana will be added possibly next month. Giving massive opportunities of inflows to the protocol

5️⃣ Unique Value in DeFi: THORChain remains the only cross-chain DeFi protocol leveraging native assets for swapping. This black swan event compared to LUNA’s meltdown, once passed will prove $RUNE’s resilience against one of the most adverse events in crypto history.

⚡ High risk, high reward—this might be the last time RUNE trades at these levels in this bull run. With massive potential ahead, this could be a strategic entry point.

Not financial advice. DYOR.

#BullishMomentum #defi #altsesaon