THORChain announced on Tuesday that its XRP integration is nearing completion, with mainnet activation imminent. This move is expected to increase swap activity and protocol fees, boosting the network’s economic model.
Despite the positive news, RUNE’s price has stabilized around 1.35 USD, indicating mixed market sentiment. Historically, such integrations have led to spikes in trading volume and token price.
RUNE’s technical indicators suggest a potential price rally if it maintains support at 1.30 USD. A movement above this level could lead to testing higher resistance levels during the next trading sessions.
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