{"id":411162,"date":"2022-03-02T00:35:00","date_gmt":"2022-03-01T21:35:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/runes-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally\/"},"modified":"2022-03-02T00:35:00","modified_gmt":"2022-03-01T21:35:00","slug":"runes-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/runes-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally\/","title":{"rendered":"# Rune\u2019s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3ab6b89cbb6\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3ab6b89cbb6\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/runes-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally\/#Rune_integrates_with_Terra\" >Rune integrates with Terra<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/runes-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally\/#Bulls_anticipate_the_next_mainnet_launch\" >Bulls anticipate the next mainnet launch<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/runes-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally\/#High_staking_yields_attract_new_deposits\" >High staking yields attract new deposits<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Rune\u2019s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>2021 was a roller coaster of a year for THORChain (RUNE), which saw its price top out at $20.31 only to come crashing down below $4 as a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of hacks and declining interest in decentralized finance had the token limping into 2022.<\/p>\n<p>Data suggests that investors could be taking a closer look at Rune and a few potentially bullish factors could include the protocol&#8217;s recent integration with the Terra and Cosmos ecosystem, an upcoming mainnet launch and the attractive yields offered to liquidity providers.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/98c579be-0ac4-4391-81c8-7ef637361ab0.png\"><figcaption style=\"text-align: center;\"><em>RUNE\/USDT 4-hour chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that after hitting a low of $3.00 on Feb. 24, the price of RUNE has rallied 74.2% to a daily high at $5.23 on March 1 amid a 388% surge in its 24-hour trading volume.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Rune_integrates_with_Terra\"><\/span>Rune integrates with Terra<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>One development that has excited the RUNE community is the integration of Terra (LUNA) into the THORChain protocol. This integration also enables the platform to support all Cosmos-based projects. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">To clear up any uncertainty: The Terra integration is complete. <\/p>\n<p>We&#8217;re now working with <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TerraSCV?ref_src=twsrc%5Etfw\">@TerraSCV<\/a> to review the integration before pushing things. <\/p>\n<p>Once we receive the green light and handle any comments, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24UST&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$UST<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24LUNA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LUNA<\/a> will be live on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/THORChain?ref_src=twsrc%5Etfw\">@THORChain<\/a>. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/DsTw1qbUDV\">https:\/\/t.co\/DsTw1qbUDV<\/a><\/p>\n<p>\u2014 Nine Realms (@ninerealms_cap) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ninerealms_cap\/status\/1498522555753189376?ref_src=twsrc%5Etfw\">March 1, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Terra integration brings LUNA token, along with the TerraUSD (UST) stablecoin to the THORChain ecosystem and gives users more trading and staking options.<\/p>\n<p>THORChain now <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/THORSwap\/status\/1497261286022918149\">supports<\/a> six wallet types and eight blockchains on its THORSwap cross-chain decentralized exchange. THORChain is also in the process of adding support for Haven and Monero. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/d38c9a2a-f056-431d-91c8-37fd16c2d5ee.jpg\"><figcaption style=\"text-align: center;\"><em>Wallets and blockchains supported by THORSwap. Source: <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a><\/em><\/figcaption><\/figure>\n<p>As part of the rollout for Terra and the Cosmos SDK, THORChain will be updated via a hard fork, which will be fully tested in the testnet and followed by further testing in Stagenet after the Terra launch and on ChaosNet before the mainnet launch. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bulls_anticipate_the_next_mainnet_launch\"><\/span>Bulls anticipate the next mainnet launch<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A second reason for the increased attention to RUNE could be the upcoming mainnet launch on THORChain. This event has been highly anticipated since late 2021 when the launch was originally planned but delayed due to a variety of factors.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">With Mainnet on the horizon, there will be push towards greater integration. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/gWIXVHC5FK\">https:\/\/t.co\/gWIXVHC5FK<\/a> will allow this. Watch this space. Watch the integration grow!<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24RUNE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$RUNE<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/LUNAISCOMING?src=hash&amp;ref_src=twsrc%5Etfw\">#LUNAISCOMING<\/a><\/p>\n<p>\u2014 THORChain #LUNAISCOMING (@THORChain) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/THORChain\/status\/1498180524895993857?ref_src=twsrc%5Etfw\">February 28, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The specific date for the mainnet launch has yet to be disclosed, but there is no shortage of interest from community members who have remained loyal throughout the struggles and hacks over the past year. <\/p>\n<p>The requirements for mainnet launch are meeting all testnet goals, which includes the rehearsal of adding and removing chains, removing Bitcoin (BTC) and Litecoin (LTC) from the testnet, and several test runs with forking the chain. <\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>THORSwap hammers home the point: Aligned incentives are a crypto superpower<\/em><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"High_staking_yields_attract_new_deposits\"><\/span>High staking yields attract new deposits<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A third factor helping to attract users and liquidity to THORChain is the high yields offered to liquidity providers on the protocol. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/4e8f1384-819e-4d13-88e5-972a1c5a13fa.png\"><figcaption style=\"text-align: center;\"><em>APRs offered on THORSwap. Source: THORSwap<\/em><\/figcaption><\/figure>\n<p>Some of the highest yields offered include 55% for Binance USD (BUSD) and 30% for the DAI stablecoin. LTC deposits earn 26% and Dogecoin (DOGE) is set at 24%. <\/p>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for RUNE prior to the recent price rise. <\/p>\n<p>The VORTECS\u2122 Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-03\/e14eae36-a3d4-4d71-ac65-c31f8fabd048.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. RUNE price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for RUNE spiked to a high of 78 on Feb. 25, around 57 hours before the price began to increase 55% over the next two days. <\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/rune-s-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Rune\u2019s upcoming mainnet launch and Terra (LUNA) integration set off a 74% rally &#8221; 2021 was a roller coaster of a year for THORChain (RUNE), which saw its price top out at $20.31 only to come crashing down below $4 as a series of hacks and declining interest in decentralized finance had the token&#8230;<\/p>\n","protected":false},"author":1,"featured_media":411163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvYWNiZTE3NGUtYTFhYy00Y2UzLWE5YWMtODFhODc0MzIxOTQxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74862,74863,74877,74868,86883,75162,105688,122378,20093,73785],"class_list":["post-411162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-bitcoin","tag-cryptocurrencies","tag-decentralized-exchange","tag-defi","tag-dogecoin","tag-litecoin","tag-markets-pro","tag-terra","tag-cosmos","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/411162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=411162"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/411162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/411163"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=411162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=411162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=411162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}