THORChain has faced significant challenges in 2025, including announcing insolvency in January. The company disclosed on X that it had temporarily paused its network due to substantial debt and leverage concerns affecting its ecosystem. This article examines how these developments could impact the token’s future and provides a THORChain price prediction.
Table of Contents
1. What is THORChain?
2. THORChain’s Financial and Security Challenges
3. THORChain Price Prediction: General Outlook
4. THORChain Price Prediction for 2025
5. THORChain Price Prediction for 2030
What is THORChain?
THORChain is a Layer 1 decentralized protocol designed to facilitate seamless cryptocurrency trading. It enables users to swap native assets, such as Bitcoin (BTC) and Ethereum (ETH), across different blockchains without requiring wrapped tokens or third-party intermediaries. This interoperability enhances efficiency and accessibility in digital asset exchanges.
At the core of THORChain’s ecosystem is its native token, RUNE, which plays a crucial role in securing and facilitating transactions across the network.
THORChain’s Financial and Security Challenges
On January 24, THORChain announced a temporary network pause due to severe financial distress, with nearly $200 million in liabilities. The platform’s borrowing liabilities stood at $97 million, while depositor and synthetic asset debts reached $102 million. These financial challenges caused a sharp decline in the value of RUNE, which plummeted over 40% in a single day.
Compounding these concerns, THORChain was reportedly used by the North Korean Lazarus hacking group in February for illicit fund laundering. On-chain analysis revealed that stolen Ethereum was converted into Bitcoin using THORChain, generating a trading volume of $2.91 billion and $3 million in platform fees. This incident has further damaged THORChain’s reputation, raising questions about its security measures and regulatory compliance.
THORChain Price Prediction: General Outlook
As of March 28, THORChain (RUNE) is trading at $1.26, reflecting a modest 1.3% gain in the last 24 hours but an 86% decline over the past year. The platform's financial instability and reputational damage have placed significant pressure on investor confidence. As THORChain undergoes restructuring, its ability to regain trust remains uncertain, and the RUNE token’s future performance is under scrutiny.
THORChain Price Prediction for 2025
CoinCodex projects that RUNE could rise to $1.59 by April 25, though the overall market sentiment remains bearish. By 2025, RUNE’s price is expected to fluctuate between $1.1 and $2.06.
Wallet Investor offers a wide-ranging forecast for 2025, predicting RUNE could trade between $0.000001 and $3.857, with an average value of $0.671 by year-end.
DigitalCoinPrice provides a more optimistic projection, estimating RUNE’s price could range between $2.62 and $2.77 in 2025.
THORChain Price Prediction for 2030
CoinCodex predicts RUNE’s price could range between $0.565 and $3.23 by 2030. Meanwhile, DigitalCoinPrice expects a stronger recovery, forecasting a minimum value of $5.98 and a maximum of $6.93, still significantly below RUNE’s all-time high of $21.26 recorded in May 2021.
Wallet Investor offers the most bullish forecast, suggesting an average price of $7.167 and a potential peak of $20.588 by March 2030.
Should You Invest in THORChain?
Investing in THORChain carries inherent risks, particularly given its recent financial struggles and security concerns. While some forecasts suggest potential growth, these projections are speculative and subject to rapid changes based on market conditions and investor sentiment. The platform’s ability to successfully restructure and regain trust will be critical factors in determining $RUNE ’s long-term viability.