Below is a brief excerpt and the "Chart of the Day" from today's Early Look note written by Christian Drake.
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While we’ve been covering crypto for over 4 years, 2024 marked the formal launch of the Digital Asset Research Sector. To close the year, I thought it fitting to offer a digital morsel highlighting some of that output … ... The below summarizes the broader dynamics underpinning our coin-viction around the medium-term prospects for Thorchain. RUNE is the native token of THORChain, a purpose-built Layer 1 blockchain (L1) and decentralized exchange (DEX) which offers decentralized liquidity for swapping native assets without wrapping or centralized bridges. It remains the lone solution for native cross-chain swaps and the only option for cross-chain DeFi applications with native Bitcoin. |
