THORChain: Trading volume crosses ATH as RUNE rises 45%

October was marked by a comprehensive ecosystem growth on ThorChain as the network achieved record-high monthly trading volume, a 51% increase in DeFi Total Value Locked , and a native token value surge of over 45%.Launched in September, Streaming Swaps allows THORChain users to break down a single swap into multiple sub-swaps executed over time.

Moreover, in October, the network’s decentralized exchange ThorSwap recorded a consistent uptick in liquidity held across the liquidity pools housed within it. RUNE’s rally to an 18-month high was because of the increased demand for the altcoin in the last month. Its price movements observed on a daily chart confirmed the steady token accumulation amongst spot traders.

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