Reactivated Ethereum pools trigger a 78% surge in THORChain price By Cointelegraph
Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its pool, along with other altcoin and BTC-based pools and the announcement appears to be having a positive impact on RUNE price.
Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $2.95 on July 20, the price of RUNE has increased 283% to a$11.64 and there is also a noticable uptick in trading volume.
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