In 2025, THORChain faced significant challenges, including an announcement of insolvency in January. In a statement shared on X, the organization revealed that it had temporarily halted its network operations due to substantial debt and leverage issues impacting its ecosystem.
We will examine how these developments could influence the future of the token in our THORChain price forecast.
What is THORChain?
THORChain operates as a Layer 1 decentralized protocol aimed at simplifying cryptocurrency trading experiences. It enables users to swap native assets like Bitcoin (BTC), Ethereum (ETH), and others across various blockchains without the need for wrapped tokens or third-party facilitators. This feature allows for smoother and more efficient exchanges of digital currencies between different blockchains.
The backbone of THORChain is its native token, RUNE, which plays a crucial role in ensuring secure and efficient transactions throughout the network.
But how trustworthy is this platform?
THORChain’s ‘red flags’: Solvency issues and fund laundering concerns
On January 24, THORChain declared a suspension of its network due to critical debt and leverage challenges, reporting nearly $200 million in liabilities.
The financial precariousness of THORChain has brought it to the brink of bankruptcy, with $97 million owed in borrowing liabilities and an additional $102 million in debts related to depositors and synthetic assets. This turmoil led to a dramatic drop in the RUNE token’s value, which plummeted over 40% within just one day.
Unfortunately, that was not the only incident raising eyebrows regarding THORChain recently. In February, the platform saw a significant influx of activity when it was utilized by the North Korean Lazarus hacker group to launder stolen assets. According to on-chain analyst Yu Jin, the hackers exchanged stolen Ethereum for Bitcoin via THORChain, resulting in a staggering $2.91 billion in trading volume and generating $3 million in fees for the platform. This occurrence has undoubtedly clouded the project’s reputation.
Given the damage to its image, what does the future hold for THORChain’s crypto price prediction? Is investing in THORChain a wise choice?
THORChain coin price prediction: general outlook
As of today, March 28, THORChain (RUNE) is priced at $1.26, showing a slight gain of approximately 1.3% over the last 24 hours. However, throughout the past year, the coin’s value has declined sharply, with a drop of nearly 86%.
With the recent solvency issues and fears over laundering activities associated with the platform, THORChain’s overall viability is now under close examination. The potential for the platform to regain investor trust remains uncertain.
These obstacles could have enduring effects on the stability of the RUNE token and its future valuation, especially during this restructuring phase aimed at stabilizing its ecosystem. The combination of financial instability and reputational harm complicates THORChain’s chances of recovery in the near term.
Let’s delve into the THORChain price prediction for 2025-2030 according to various analytic resources.
THORChain price prediction 2025
Short-term forecasts suggest that the price of THORChain may rise to $1.59 by April 25. However, overall investor sentiment is leaning towards bearishness, with 24 bearish indicators compared to just 5 bullish ones. For 2025, forecasts indicate that RUNE might trade within a range of $1.1 to $2.06.
A prediction from Wallet Investor estimates RUNE’s value could vary, with a low of $0.000001 and a high of $3.857, averaging around $0.671 by year-end.
DigitalCoinPrice anticipates that this cryptocurrency may stabilize between $2.62 and $2.77 during this time frame.
What will be THORChain’s trajectory by 2030?
THORChain price prediction 2030
Forecasts from CoinCodex suggest that THORChain’s price could fluctuate between $0.565 and $3.23 by 2030.
DigitalCoinPrice predicts a significant rise in RUNE’s value, projecting a minimum price of around $5.98, with a potential maximum reaching $6.93. While this reflects a considerable increase from the current price of $1.26, it remains below its all-time high of $21.26 reached in May 2021.
Wallet Investor’s projections appear more optimistic, expecting the average price of RUNE to be approximately $7.167 by the end of March 2030, with a peak value of $20.588.
Should you consider investing in THORChain? Engaging in THORChain, as with any cryptocurrency, involves inherent risks. While certain predictions suggest lucrative potential, they are based on market speculation and are subject to rapid fluctuations. Recent insolvency and fund laundering issues are critical factors to take into account.
Disclaimer: This article serves solely for educational purposes and should not be construed as investment advice.