Swap THORChain (RUNE) to Solana (SOL)

In April 2022, when the crypto market was still hoping to flip the trends, the RUNE to SOL trading pair was at the level of 0.083 and kept this level till the middle of April even when both tokens went down along with the crypto market. 

The RUNE to SOL conversion ratio went up to 0.092 after April 17, when the price of the Thorchain token gained some value and the SOL token was steadily going down. But with the following price correction for RUNE, the exchange rate dropped even lower than it was before and settled around 0.073-0.077 till the end of the month. 

At the beginning of May, the price of the RUNE token in SOLreached 0.073, but as the Thorchain network coin price was less stable than the value of Solana's native asset the trading pair price slightly declined to 0.075 in the coming days.  

On May, 10 many assets of the crypto market experienced significant losses, but at that point RUNE outperformed SOL, and users could swap RUNE tokens for 0.087 SOL at the max. In the coming days, the situation flipped and the native asset of Thorchain lost around 20% of its price in 2 days, which caused the RUNE/SOL conversion rate to drop to 0.049. It was followed by another price chart twist when in 2 days RUNE was trading to SOL at 0.082 and then the situation stabilized.

Both of the tokens established new price levels by mid-May and a new RUNE to SOL trading pair price was bouncing between 0.059 and 0.066 till the end of the month. At the end of May, the RUNE token performed better than SOL again and the exchange ratio grew to 0.075, as Solana was following a more aggressive downtrend. On June 6 it caused the price of RUNe in SOL to reach the previous level of 0.084. 

After that, the bearish tendencies made a bigger effect on RUNE and the trading pair price started to decline until it reached 0.049 on June 20. The SOL token at that time was gaining some stability and even managed to recover some of its price. On June 23 the native token of Thorchain also gained some value and the RUNE token could be exchanged for SOL at 0.06-0.063. The price then got corrected again, being around 0.05-0.052 till the beginning of July. In the last 3 days, the RUNE to SOL conversion rate grew again to 0.064.