Latest THORChain (RUNE) News Update

By CMC AI
08 July 2026 04:09AM (UTC+0)

What are people saying about RUNE?

TLDR

RUNE's community is balancing post-hack jitters with bullish bets on privacy integration. Here’s what’s trending:

  1. A major exploit in May triggered a network pause and refunds, casting a shadow over security.

  2. Optimism is building for a "renaissance" driven by the imminent launch of native Monero swaps.

  3. Traders are watching for a technical breakout from a long-term chart pattern.

Deep Dive

1. @BSCNews: Confirming a $10M multichain exploit and refund window bearish

"RUNE is down 26% in a week... @THORChain confirmed a $10M multichain exploit... A treasury-backed refund portal is live until June 4." – @BSCNews (1.36M followers · 18 May 2026 01:16 UTC) View original post What this means: This is bearish for RUNE because it confirms a significant security failure, erodes user trust, and has led to direct selling pressure and a sharp price decline.

2. @THORChain: Roadmap update highlighting Monero and Zcash integration bullish

"What used to feel like roadmap talk is now playing out in real time... Monero ($XMR) is finally within reach... targeting mainnet in the next 1-2 months." – @THORChain (287K followers · 10 April 2026 11:02 UTC) View original post What this means: This is bullish for RUNE because adding major privacy coins like Monero opens a vast, untapped market for trustless swaps, which could significantly drive network volume and demand for RUNE.

3. @MannuelBTC: Technical analysis pointing to a $3.33 target bullish

"THORChain is breaking through the falling wedge on the 3D chart... A sustained move could drive the price toward $3.33." – @MannuelBTC (1.9K followers · 5 May 2026 10:14 UTC) View original post What this means: This is bullish for RUNE as it signals trader anticipation of a major upward trend reversal based on a classic chart pattern, which could attract momentum buyers if the breakout holds.

Conclusion

The consensus on RUNE is mixed, caught between the tangible bearish impact of a recent hack and the bullish potential of its unique cross-chain privacy narrative. The key to resolving this tension lies in successful execution; watch the daily swap volume on THORChain, especially after native Monero swaps go live, to gauge if bullish utility is outweighing bearish security concerns.

What is the latest news on RUNE?

TLDR

THORChain is back online after a major exploit, navigating a cautious restart while facing broader industry security scrutiny. Here are the latest news:

  1. Record Hacks Expose Industry Weakness (2 July 2026) – THORChain was used to launder funds from a major cross-chain bridge exploit, highlighting systemic DeFi risks.

  2. Restart Plan Approved After $10.7M Hack (28 June 2026) – Governance ratified a recovery plan using protocol-owned liquidity to cover losses without minting new RUNE.

  3. Trading Resumes After Exploit Halt (24 June 2026) – The network restored full operations, with native Monero swaps announced as the next major upgrade.

Deep Dive

1. Record Hacks Expose Industry Weakness (2 July 2026)

Overview: A TRM Labs report revealed a record 207 crypto hacks in H1 2026, stealing $972 million. A $292 million exploit of KelpDAO in April saw attackers launder funds through THORChain, converting them to Bitcoin. This incident underscored how cross-chain protocols can be used to obscure the trail of stolen assets, contributing to a bearish DeFi sentiment and a drop in Total Value Locked (TVL). What this means: This is neutral for THORChain as it reflects a utility (cross-chain swaps) being exploited by bad actors, rather than a flaw in its own code. It emphasizes the protocol's role in the broader, often risky, DeFi liquidity landscape. (CoinMarketCap)

2. Restart Plan Approved After $10.7M Hack (28 June 2026)

Overview: Following a $10.7 million vault exploit on 15 May, THORChain governance approved ADR028, a detailed restart plan. The strategy uses the protocol's own treasury (Protocol-Owned Liquidity) to absorb the loss, avoiding dilution for RUNE holders. A bounty was offered to incentivize the return of stolen funds, and developers deployed necessary code upgrades. What this means: This is cautiously bullish for RUNE as it demonstrates a structured, community-driven recovery that protects tokenholders from inflation. The successful execution of this plan is critical for rebuilding trust in the network's security and economic model. (CoinMarketCap)

3. Trading Resumes After Exploit Halt (24 June 2026)

Overview: After a six-week pause, THORChain fully resumed trading, swaps, and liquidity actions on 23 June. The restart followed extensive security validation of all network vaults. The team announced that native Monero (XMR) swaps are in final testing and will launch soon, followed by Zcash (ZEC) integration. What this means: This is bullish for THORChain as it marks the end of a disruptive downtime and kickstarts its roadmap. The imminent privacy coin integrations could attract new volume and differentiate the protocol in the cross-chain DEX arena, potentially driving demand for RUNE. (AMBCrypto)

Conclusion

THORChain's narrative is defined by a resilient recovery from a security incident, with its utility now under a microscope amid industry-wide hack concerns. Will the successful restart and upcoming Monero integration be enough to restore confidence and drive sustainable volume growth?

What is the latest update in RUNE’s codebase?

TLDR

THORChain's codebase has seen major upgrades focused on new chain integrations and comprehensive system improvements.

  1. Major Upgrade with 100+ Improvements (28 April 2026) – A significant release enhancing security, swap reliability, and developer tooling across the network.

  2. New Chain Support & Secured Assets Feature (16 July 2025) – Introduced support for Solana and TRON while adding a new method for liquidity provision.

Deep Dive

1. Major Upgrade with 100+ Improvements (28 April 2026)

Overview: This was one of THORChain's largest releases, packed with over 100 enhancements. It directly improves the security and smooth operation of cross-chain swaps for all users.

The v3.17.0 upgrade focused on five key areas: network security, swap execution, cross-chain reliability, on-chain governance, and tools for developers building on THORChain. This breadth indicates a maturation of the protocol, moving beyond adding features to strengthening its core infrastructure. Such a comprehensive update is crucial for maintaining user trust and network stability as adoption grows.

What this means: This is bullish for RUNE because it makes the entire network more secure and reliable for swaps. Users benefit from fewer failed transactions and a smoother experience, which can attract more volume and liquidity to the ecosystem. (THORChain)

2. New Chain Support & Secured Assets Feature (16 July 2025)

Overview: Version 3.8.0 added support for major new blockchains and introduced "Secured Assets," a foundation for tokenized liquidity positions. This expands the assets users can swap and offers new ways to interact with pools.

The release included over 30 merge requests. Key technical additions were EDDSA signature support, enabling integrations with Solana, Cardano, and TON, and full TRON chain support. The "Secured Assets for LP Deposit/Withdrawal" feature allows users to deposit by burning and withdraw by minting a representative token, paving the way for tradable LP positions. Other improvements included a bond wallet migration for safer node operations and enhanced swap APIs.

What this means: This is bullish for RUNE because it significantly expands THORChain's reach. Adding popular chains like Solana and TRON brings in new users and swap volume. The secured assets feature could eventually make providing liquidity more flexible and attractive. (THORChain)

Conclusion

THORChain's development trajectory shows a clear shift from adding core functionality to hardening the network and expanding its multi-chain reach, with recent updates heavily focused on security and scalability. Will the upcoming integrations of privacy-focused chains like Monero and Zcash further solidify its role as essential DeFi infrastructure?

What is next on RUNE’s roadmap?

TLDR

THORChain's development continues with these key upcoming milestones:

  1. Monero Integration (June 2026) – Enabling native, non-custodial XMR swaps, targeting a unique privacy niche.

  2. Zcash & Bittensor Integrations (Mid-2026) – Expanding cross-chain support to privacy and AI-focused assets.

  3. Protocol-Owned Liquidity Launch (2026) – Using system income to deepen pools, improving swap efficiency.

  4. Solana, TON, Cardano & Sui Expansion (2026-2027) – Broadening the network's reach to major Layer 1 ecosystems.

Deep Dive

1. Monero Integration (June 2026)

Overview: The v3.19 release, which launched in June 2026, introduced support for Monero (XMR) as the first privacy coin on the network (TradingView). This integration uses FROST threshold signatures to enable atomic swaps between XMR, BTC, and ETH without bridges or wrapped tokens. Mainnet adoption was targeted for the first week of June 2026. What this means: This is bullish for RUNE because it captures demand from a high-privacy asset largely delisted from centralized exchanges, potentially driving significant new swap volume. The key risk is increased regulatory scrutiny due to the privacy narrative.

2. Zcash & Bittensor Integrations (Mid-2026)

Overview: Alongside Monero, integrations for Zcash (ZEC) and Bittensor (TAO) are underway. A THORChain update in April 2026 noted Zcash was on track for an end-of-April launch and TAO was being built alongside it (THORChain). What this means: This is neutral-to-bullish for RUNE as it diversifies the asset base into additional, distinct crypto niches (privacy and AI). Success depends on technical execution and whether these communities adopt THORChain for liquidity.

3. Protocol-Owned Liquidity Launch (2026)

Overview: Protocol-Owned Liquidity (POL) is set to begin using system income to seed and deepen liquidity pools, reducing reliance on external liquidity providers (THORChain). What this means: This is bullish for RUNE because deeper pools mean better swap rates and lower slippage for users, which can attract more volume. It also creates a sustainable, treasury-funded mechanism to bootstrap liquidity for new asset integrations.

4. Solana, TON, Cardano & Sui Expansion (2026-2027)

Overview: The long-term roadmap includes adding major blockchains like Solana, TON, Cardano, and Sui (CoinMarketCap). EdDSA signing support, which enables these integrations, was highlighted in the Q2 2025 roadmap (THORChain Blog). What this means: This is bullish for RUNE as each new chain brings a new user base and increases the network's total addressable market. The deterministic value model means more locked assets directly increase the baseline demand for RUNE. The main risk is development complexity and timeline delays.

Conclusion

THORChain's near-term focus is on executing high-impact privacy coin integrations while laying the groundwork for a multi-chain future through POL and smart contract development. Will the successful onboarding of Monero and Zcash validate the protocol's unique value proposition and catalyze the next wave of cross-chain adoption?

CMC AI can make mistakes. Not financial advice.