THORChain is showing a clear shift in momentum as RUNE price pushes higher with a near 10% gain, backed by a sharp rise in network activity. The move follows a prolonged consolidation phase, where price remained capped despite repeated attempts to break higher.
This rise in both metrics indicates that new positions are being built alongside the breakout, rather than the move being driven by short covering alone. The token is seeing fresh capital entering, which typically supports continuation if price holds its structure. Funding rates remain relatively balanced, suggesting that positioning is not yet crowded on one side. This keeps the setup stable and reduces the risk of immediate liquidation-driven reversals.
Final Words
RUNE is now at a continuation point where structure and momentum are aligned. Holding above the $0.48 support keeps the breakout intact, while a push above $0.52 can open the path toward the $0.60–$0.65 zone. As long as price sustains above the reclaimed range, the bias remains tilted toward further upside rather than a return to consolidation.
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