23 Jan 2024

The Cross-Chain Comeback

Crypto markets are ruthless. To survive, you must provide a service for which users have a real need. THORChain demonstrates this as it has shown true resilience through all the noise.
nn jan 24 cover image large
  • Narratives have their cycles, but DeFi protocols must offer something special to survive.
  • Very few DeFi protocols have anything beyond echo bubbles in terms of user metrics, but some go on to break previous all-time highs.
  • THORChain has come back from both hacks and a brutal bear market, only to print record swap volumes in Q4 ’23 and Q1 ’24
  • RUNE offers decent exposure to THORChain, but there is another play in the THORChain ecosystem that Navigating Narratives finds particularly intriguing...
Share this article