RUNE Drops 128.38% Amid Celsius Suspension and Security Concerns

On May 30, 2025, RUNE plummeted 128.38% over 24 hours to $1.7915, extending a sharp 1277.44% decline week-to-date. Despite a 3183% monthly gain, the token fell 6023.61% year-to-date as market pressures intensified.

Celsius Network Halts RUNE Withdrawals

RUNE’s volatility followed Celsius Network’s announcement to suspend withdrawals for the token. The move cited “ongoing liquidity assessments” as the decentralized finance (DeFi) platform reviewed its reserve management practices. Celsius, a major crypto lending platform, holds significant influence over RUNE’s liquidity, exacerbating selling pressure amid uncertainty.

Security Breach Raises Compliance Concerns

A third-party security firm reported a vulnerability in RUNE’s smart contract protocols, potentially exposing users to unauthorized transfers. The breach, disclosed earlier in the week, triggered regulatory scrutiny and accelerated investor skepticism. While the protocol’s developers confirmed the issue was resolved, the incident deepened distrust in the token’s governance framework.

Regulatory Probe Adds Pressure

A regulatory probe into decentralized finance platforms intensified fears of tighter oversight. While details remain undisclosed, the investigation has prompted heightened caution among institutional investors, who now require clearer compliance standards for DeFi assets like RUNE.

Analysts Forecast Volatility Ahead

Analysts project further declines as market participants reassess risk exposure. “RUNE’s technical indicators suggest support levels are collapsing,” said one analyst, noting resistance at $1.50 appears increasingly vulnerable. Analysts also highlighted that regulatory clarity could take months, prolonging uncertainty for holders.

Long-Term Outlook Clouded by Uncertainty

Despite short-term volatility, RUNE’s developers emphasized ongoing upgrades to its ecosystem, including cross-chain interoperability features. However, the token’s 12-month decline underscores persistent challenges in maintaining institutional adoption amid evolving market conditions.

All data reflects market activity as of May 30, 2025.