RUNE Soars 26% on THORChain's v3.20 Upgrade Boosting Market Sentiment

THORChain's RUNE token has seen a significant surge in price after the launch of its v3.20 network upgrade.

The upgrade allows users to swap privacy coins such as Monero and Zcash for Bitcoin, Ethereum, and stablecoins, expanding THORChain's market reach to attract privacy-focused users.

This move has led to increased trading volume on the platform, causing a liquidation of short positions and pushing RUNE up 26% in the past 24 hours.

RUNE tested the $0.65 resistance level, which if held as support, could mark a bullish market shift for THORChain's token.