RUNE cryptocurrency surged 56% in just a week as THORChain rebounds after facing significant challenges in early 2025. Key factors such as the TCY token launch, the v3.5.0 upgrade, and decreased fees have contributed to this remarkable recovery, leading to trading volumes soaring to $100 billion.

RUNE Surges 56% in One Week

THORChain shows significant progress as RUNE is now among the top performers, rallying by 56% in the past week. Although it needs further work to break into the top 100 cryptocurrencies, the uptrend indicates that RUNE may soon become one of the most favored cryptos to watch.

TCY Token Launch

The recent rally is partly due to the strategic launch of the TCY token on May 5, designed to mitigate the risks linked to the insolvency of THORFi’s lending and savings program. The TCY token allows THORFi participants access to a percentage of the network fees while improving overall liquidity for RUNE.

Developers Activate v3.5.0 and Lower Fees

On May 1, THORChain introduced the v3.5.0 update, which enhanced security and scalability. Additionally, fees were reduced from 16 to 10 basis points on May 6, making swaps more appealing to users.

“TCY solution for THORFi claimants is live on THORSwap! Stake TCY and earn 10% of THORChain protocol income.” (Translation: TCY solution for THORFi claimants is live on THORSwap! Stake TCY and earn 10% of THORChain protocol income.)

Ongoing plans to support additional chains could draw more traders, while the existing volume from Bitcoin and Ethereum constitutes a substantial portion of its trading activity.

Conclusion

As THORChain continues addressing past controversies, it is regaining momentum and surpassing operational milestones, including a cumulative trading volume of $100 billion as of May 12.