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.
Preview
- 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...
