$RUNE
Recently, THORChain's RUNE token has shown some positive market dynamics, with a price increase of 29.24% over the past month, indicating positive sentiment towards RUNE in the market.
Due to THORChain's recent integration with Ledger Live, marking Ledger's first integration of a DeFi protocol, users can now exchange assets across chains within the Ledger Live app, such as swapping BTC for ETH. This integration not only enhances the usability and security of RUNE, but also provides more liquidity and trading opportunities for RUNE holders, which could be a factor driving the price increase.
Moreover, THORChain's circulating supply is 336.72 million RUNE, accounting for 67% of the maximum supply, while the total supply is 414.2 million RUNE, with a maximum supply of 500 million RUNE. The current annual supply inflation rate is -0.48%, meaning that only -1.62 million RUNE was created last year. This low inflation rate may positively impact RUNE's price as it reduces the new supply in the market.