THORChain Hits DeFi Milestones: $500M Daily Volume, $RUNE at ATH's, Eyes $1B+ Volume

THORChain, a key player in the decentralized finance (DeFi) sector, is experiencing significant milestones and growth, with its platform reporting over $500 million in daily swap volume. This surge highlights the increasing interest and activity in DeFi, particularly with the rise in Bitcoin Ordinals and inscriptions indicating a growing interest in DeFi activities on Bitcoin. THORChain and OrdiswapLabs are collaborating to target this market. The platform's native token, $RUNE, is witnessing strong fundamentals and usage, reaching an all-time high in pool liquidity and is anticipated to hit $10 soon. Industry observers anticipate THORChain to consistently achieve over $1 billion in 24-hour volume in the current cycle, underscoring its critical role in the DeFi ecosystem. The community and contributions behind THORChain have been pivotal to its success, with metrics reaching all-time highs (ATH's) and the development of tools like the all-in-one TC explorer to monitor its performance.