State of the Network 27/04: THORChain’s Node Network Rebounds Stronger Than Ever
The sunset of ThorFi, the Bybit hack, and a radical shift away from inflationary block rewards could have been a breaking point. For many protocols, it would have been.
But for THORChain? It became a stress test = one the network passed with resilience and growing conviction.
⚡️Today’s network state shows something simple but very profound: When incentives shrink and stress hits, true belief steps up from chads!
Now let’s dive into the numbers behind THORChain’s recovery
⚡️Revenue Reset: The Move to Real Yield
A few months ago, THORChain made a cool change-up: Block rewards (inflationary emissions) were removed. Node Operators now earn solely from liquidity fees! Now that’s real, protocol-driven activity. If you’re thinking this is just a payout change = No way!
This is a gigantic shift from “get paid for securing blocks” → to “get paid for growing the ecosystem.” Real work for real rewards. Shoutout to chad @rykcrypt !
From Shutdown to Showtime: How THORFi’s Sunset Gave Birth to TCY, the DeFi Token You need To Know About
What do you do when your protocol hits the brakes, the community panics, and “rug” rumors start flying?
If you're THORChain - you build.
What happened with the THORFi was a moment of reckoning. Lending and Savers features were suddenly frozen when node operators activated a circuit breaker in response to rising protocol risk. It was swift. It was dramatic. And many got worried.
“Is THORChain insolvent?” “Is this the end?” “Did I just get rugged?”
But they missed one crucial fact: THORChain is profitable. One of the rare DeFi protocols actually generating real, on-chain revenue. The circuit breaker wasn’t a death blow, it was a lifeline. A high-pressure valve releasing before real damage could occur.
And from that turbulence, something pretty incredible emerged.
The Rise of $DUCKY: From Binance Smart Chain to the Skies of Dubai and Beyond
If you’ve been anywhere near Crypto Twitter recently, chances are you’ve already seen the giant yellow bird that’s got everyone talking — and no, you’re not quacking mad. It’s $DUCKY, the Binance Smart Chain memecoin making waves (literally) in the crypto space, and it’s about to go global in a way we’ve never seen before. 🏙 It All Starts in Dubai... Towards the end of this month, something massive is landing in Dubai — and we mean massive. A 60-foot inflatable duck is set to take center stage as the ultimate meme spectacle during TOKEN2049 Dubai. It’s not just marketing. It’s not just branding. It’s a statement: $DUCKY is here, and it’s flying high. This isn’t your average memecoin. This is community-powered quackery with a mission — to leave a literal and digital footprint around the world. 🐤 CZ Has Entered the Duckpond The Binance community has been buzzing with duck-themed tweets lately, and none other than CZ, the man behind Binance himself, has interacted with the duck-themed wave. That’s right — when the duck tweets dropped, CZ quacked back, giving $DUCKY the kind of nod that gets the entire ecosystem listening. For a coin born on the Binance Smart Chain, this kind of engagement is pure gold. 🌍 A Global Duck Tour Dubai is just the beginning. Once the inflatable duck wraps up its desert debut, it’s setting sail for a global tour — flapping its way through some of the world’s most iconic crypto hubs: 🚢 Miami 🏙 New York City 🌉 Singapore 🌊 Sydney ...and more to come. Each stop will not only mark a physical event but fuel online momentum, memes, and major brand recognition for $DUCKY. 📈 By the Numbers Don’t let the meme fool you — $DUCKY is more than just vibes. It's got real traction: 📊 All-Time Volume: $5,000,000 🚀 All-Time High Market Cap: $7,750,000 👥 Current Holders: 1,900 strong and growing 🏛 Exchanges Listed: MEXC, Weex, KCEX, Poloniex This isn’t a small pond anymore — $DUCKY is swimming with the whales. 💬 Join the Quack If you’re not already part of the $DUCKY community, now’s the time. The memes are strong, the marketing is genius, and the roadmap? One word: audacious. As the duck flies city to city, you can expect partnerships, collaborations, and media buzz to follow. So whether you’re in it for the memes, the tech, or the vibes — $DUCKY’s making crypto fun again, one honk at a time. Follow the duck. Join the flight. And remember... quack responsibly. 🐤
$SUI You can't ignore this power move above the 200 day. Looks very similar to how the run began back in September of 2024 where there was a high volume retake of the 200 day MA and then a continuation higher over the subsequent weeks.
For me, reading the potential of an asset is simple: Once it gets going, watch for volumes. Volumes show conviction. The fact that SUI advanced almost 100% in 4 sessions where each session saw higher volume than the prior with prices closing near the high of day tells me that big players are betting heavy on this and aren't afraid to bid higher.
Crack through 3.80-4.00 and then it's very likely we see another impulse wave higher.
I'm looking at this as a medium term position.....$10
Try Binance trading tool with #TradersBootcamp to earn rewards. How to Join: 1. Complete this quiz as an opt-in. (Tips are available in the associated learning material linked here), and 2. Create a post to recommend a Binance trading tool with TradersBootcamp on Binance Square, with the following guidelines: (a) Ensure the post has a minimum of 100 characters; (b) Contain one hashtag only; (c) Reach a minimum of 10 engagements (likes, shares, comments, reposts combined)
Try Binance trading tool with #TradersBootcamp to earn rewards. How to Join: 1. Complete this quiz as an opt-in. (Tips are available in the associated learning material linked here), and 2. Create a post to recommend a Binance trading tool with TradersBootcamp on Binance Square, with the following guidelines: (a) Ensure the post has a minimum of 100 characters; (b) Contain one hashtag only; (c) Reach a minimum of 10 engagements (likes, shares, comments, reposts combined)