Introduction

RUNE and its entire ecosystem are showing a few bullish signs, resulting in a 74% rally ahead of a long-awaited main net launch and recent integration with Terra.RUNE and its ecosystem are exhibiting certain bullish characteristics.

Methodology

The integration of RUNE and LUNA in the Terra ecosystem occurred on March 25 -2022 and hence the new wallets that are created 10 days prior to and after the integration day are considered here. The date is used as a constraint to retrieve the data from new node events of the Thorchain data.

Now the table of the data occurred is displayed here.

The table of the number of newly created wallets on the days of integration of the tokens is charted here.

The wallets that are created per day on the days of integration of LUNA and UST for the stabilization of the tokens are displayed here. It is seen that of the total 20 days accounted for, The highest number of wallets were created on March 24.

The trendline for the wallets that are created with time on the days of integration is charted here. It is considerably seen that the creation number is reduced after integration than before.

Conslusion

The Terra integration adds the LUNA token to the THORChain ecosystem, as well as the TerraUSD (UST) stablecoin, giving users new trading and staking choices.

Reference:

https://cointelegraph.com/news/rune-s-upcoming-mainnet-launch-and-terra-luna-integration-set-off-a-74-rally