RUNE's historical price volatility: From cents to dollars and back

THORChain (RUNE) has experienced extraordinary price volatility since its inception, showcasing the dramatic nature of cryptocurrency markets. The token launched in May 2020 at just $0.018366, demonstrating how nascent digital assets typically begin from minimal valuations.

The most striking aspect of RUNE's journey occurred during the 2021 bull market peak. The cryptocurrency reached its all-time high of $20.87 on May 19, 2021, representing an astronomical gain of approximately 113,500% from its launch price. This explosive growth attracted significant investor attention to the THORChain ecosystem.

However, subsequent market cycles revealed the inherent volatility. By September 28, 2019 (historically), RUNE hit its all-time low of $0.00851264, though this predates the formal launch. The dramatic correction from the 2021 peak illustrates how severely altcoins can decline during bear markets.

Currently trading around $0.67 as of December 2025, RUNE has declined 90.77% over the past year, reflecting continued market pressure on altcoins. This cyclical pattern of explosive growth followed by severe corrections characterizes RUNE's volatility profile and remains significant for investors evaluating risk-reward dynamics.

Key support and resistance levels: $0.565 to $3.23 trading range

RUNE's price action in 2025 demonstrates a critical trading corridor bounded by two key technical levels. The support floor sits at $0.565, establishing the lower boundary for long-term holders, while the resistance ceiling at $3.23 marks the upper limit of the current trading range. This $0.565–$3.23 range represents a 471% price differential, offering substantial volatility for strategic traders.

Current technical indicators reveal a nuanced market structure. The 50-day and 200-day simple moving averages provide dynamic support zones, with the 14-day RSI registering at 55.06, indicating neutral momentum rather than overbought or oversold conditions. The classical pivot point calculation establishes P1 at $0.6561, supported by intermediate levels at $0.6366, $0.6235, and a strong floor at $0.6040.

Recent price action shows RUNE trading near $0.67, approximately 19% below the upper resistance zone. The immediate support tier operates between $0.70 and $1.00, representing psychological demand areas. Breaking above the $3.23 resistance would signal a potential breakout scenario, while sustained trading below $0.565 would confirm deeper bearish pressure toward $0.40–$0.30 zones.

Understanding these levels enables traders to identify optimal entry and exit points within this defined range.

Recent price performance: 44.33% potential growth by 2025

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As of December 7, 2025, RUNE is trading at $0.6719, demonstrating significant market volatility since its peak performance in mid-September when the token reached $1.3690. This price trajectory reflects the dynamic nature of the crypto asset, which has experienced considerable correction from its highs. According to market forecasts, RUNE exhibits substantial growth potential, with predictions indicating a 44.33% increase by the end of 2025, potentially reaching $1.14.

The recovery momentum suggests investor confidence in THORChain's technical developments and ecosystem expansion. Market analysts point to the token's previous strong performance during Q3 2025, where trading volumes exceeded $3.8 billion on October 10 alone, indicating robust market participation. Long-term forecasts extend beyond 2025, with projections suggesting RUNE could reach $18.73 by 2030, representing exponential growth opportunities for early adopters. These predictions are grounded in the platform's continued enhancements to scalability, protocol functionality, and utility within the THORChain ecosystem.

Correlation with market sentiment and THORChain network usage

RUNE's price movements demonstrate a complex relationship with both market sentiment indicators and THORChain network activity. In 2025, RUNE experienced significant volatility, ending Q1 at $1.14, representing a 74.5% quarter-over-quarter decline. This sharp correction coincided with notable changes in network metrics, specifically a 24.4% quarterly decline in average daily swap volume to $68.8 million during the same period.

Interestingly, RUNE's correlation with Bitcoin has diminished from 0.78 in 2023 to 0.51 currently, indicating growing market independence. The 24-hour price performance shows a 2.44% increase, demonstrating resilience despite broader market pressures. However, social media sentiment shows minimal correlation with RUNE price changes, suggesting that investor sentiment and actual trading volume drive market dynamics more substantially than social discourse. The disconnect between sentiment metrics and price action underscores the importance of monitoring on-chain activity and institutional liquidity flows rather than relying solely on sentiment analysis for market predictions.

FAQ

What is RUNE coin?

RUNE is the utility token for Thorchain, used to pay for services on the blockchain platform. It facilitates transactions and network operations.

Is RUNE coin a good investment?

Yes, RUNE coin shows strong potential as an investment. Its unique cross-chain functionality and growing ecosystem make it a promising option for long-term growth in the crypto market.

What's happening with RUNE Coin?

RUNE Coin is undergoing a $300 million token burn to boost lending activity, as proposed by the THORChain community. This aims to enhance liquidity and network efficiency.

What are RuneCoins used for?

RuneCoins are primarily used to purchase cosmetic items in RuneScape, such as character outfits and accessories, from Solomon's General Store.