THORChain, a cross-chain liquidity protocol, has seen a remarkable surge in usage and total value locked (TVL) after burning 60 million RUNE last week to enhance its lending capacity, causing $RUNE's value to soar nearly 70% in the past week. The Treasury retains 7m RUNE, 1.4% of the supply, for long-term ecosystem funding. Additionally, THORChain shattered its daily volume all-time high (ATH) three times in one week, with volumes now exceeding half a billion dollars per day. The Ethena yield situation has significantly impacted the cost of borrowing on platforms like Aave, making THORChain's offerings more attractive. Lenders on Aave are demanding 20% to 40% APR for borrowing stables, highlighting the competitive edge of THORChain's lending solutions. Furthermore, THORChain has re-entered the top 3 daily DEX volumes, emphasizing its growing influence in the DeFi space. Recent updates include the resumption of Ethereum transactions after a client update and the continuation of lending services on THORSwap, with all other services fully operational.