Bybit Supports THORChain v3.19.0 Upgrade

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 08 2026

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Network Upgrade Support: Bybit has announced its support for the THORChain v3.19.0 network upgrade, indicating that the exchange is preparing its infrastructure to ensure that user trading experiences remain unaffected during the upgrade period.
User Attention Points: RUNE holders should monitor Bybit's official announcements for any follow-up notices regarding potential impacts on deposits, withdrawals, or trading pairs, ensuring they can access their assets smoothly during the network upgrade.
Lack of Maintenance Details: The announcement did not provide specific maintenance windows, deposit or withdrawal suspension times, or wallet migration instructions, prompting users to plan ahead to avoid RUNE transfers during the upgrade and reduce the risk of service disruption.
Integration Trend: This support for the upgrade reflects a broader trend of centralized exchanges deepening their integration with decentralized protocol ecosystems, where timely network upgrade support has become a baseline expectation for users when choosing platforms for asset custody and trading.

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Technical Analysis for RUNE

Technical Sentiment Analysis for THORChain (RUNE). As of , THORChain (RUNE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 2 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RUNE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, RUNE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

THORChain (RUNE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.253	0.294	0.343	0.384	0.433	0.474	0.523
Fibonacci	0.294	0.329	0.35	0.384	0.419	0.44	0.474

About RUNE

THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks including Bitcoin and Ethereum without losing full custody of their assets in the process. THORChain is used as cross-chain infrastructure for wallets, exchanges, and aggregators like Trust Wallet and Ledger Live.With THORChain, users can simply swap one asset for another in a permissionless setting, without needing to rely on order books to source liquidity. Instead, market prices are maintained through the ratio of assets in a pool (see automated market maker).The native utility token of the THORChain platform is RUNE. This is used as the base liquidity asset as part of THORChain’s exchange and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — THORChain nodes commit RUNE to participate in its rotating consensus process, creating economic security for THORChain’s native asset vaults. The value of the bond is always greater than the liquidity on the network.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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