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Reactivated Ethereum pools trigger a 78% surge in THORChain price -Breaking

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Earlier this year, THORChain went through a series protocol exploits that led to $8 million being drainedThe protocol took heavy hits on the RUNE price with successive attacks from its reserves. Protocol announced last week it will reopen its pool along with BTC and altcoin pools. This announcement seems to have had an impact on RUNE’s price.

Source: Cointelegraph Markets ProAnd TradingViewThe chart shows that the RUNE price rose 283% to $11.14 from $2.95 on July 20. A noticeable increase in trading volumes is also evident.

1. Day chart for RUNE/USDT Source: TradingView
VORTECS™ Score (green) vs. RUNE price. Source: Cointelegraph Markets Pro