Hassan Maishera
On Thursday, the Thorchain team announced via X that the Thorchain V.3.8.0 upgrade is now live on mainnet. The upgrade adds support for the EDDSA architecture that's critical for integrating Solana and other EDDSA-based chains such as $TON and $ADA. It will also roll out support for Solana in August, while TRON will come in a few weeks.
Furthermore, Bond providers can now migrate their wallet by transferring bonded $RUNE to another whitelisted address on the same node, enabling safer operations without interrupting bond continuity. Thorchain also now supports direct IBC deposits, connecting to every chain linked to through a single transaction. Assets are automatically recognised and processed, saving gas and improving UX for Cosmos users and protocols.
THORChain now supports modifying or cancelling pending limit swaps, allowing users to adjust target amounts or exit early. This improves execution speed and user experience, especially for arbitrage bots using streaming swaps.
Finally, the swap quote API has been improved to provide more predictable and integrator-friendly results.\
THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin. RUNE is up 6.8% today and is currently trading at $1.727.
