RUNE plummets 74%! THORChain crashes, but the truth is not as simple as you think!

At the beginning of 2025, THORChain directly experienced hell mode:

RUNE fell 74.5% in the first quarter, market capitalization shrank to 400 million dollars, and TVL (Total Value Locked) in dollar terms was halved, blood flowing like a river! 🔥

BUT, don’t rush to sing its demise!

Although the dollar TVL has plummeted dramatically, the TVL priced in RUNE has grown against the trend by 93%, hardcore players are still accumulating, and confidence hasn’t dissipated!

Daily trading volume has turned downward, with only one spike to 1.05 billion dollars due to a hacking incident; at other times, it has basically been cooling down, but—

Active users have dropped by 14.5%, but their distribution remains broad, and the ecological foundation hasn’t collapsed!

Summary: Price plummets, but believers are still sticking it out.

THORChain is enduring the market's ice and fire with its bones—truly hardcore multi-chain infrastructure, capable of sustaining a comeback as a king! ⚡