THORChain Update: Can 3.21.1 Bring Back Swaps on Every Chain?
THORChain Update: Which Swaps Are Live Again After 3.21.1?
The latest THORChain Update brings partial relief for traders. In an official X post, the project said that THORChain swaps resumed on several blockchains following the 3.21.1 release.
Source: THORChain Post on X
The network is not fully back yet. Three chains remain halted, and 14 active nodes have not moved to the new version. Those two facts shape how complete this recovery really is.
Which Blockchains Are Trading and Which Are Still Halted?
The latest THORChain Update confirms that swapping has resumed across 11 supported blockchains, while three networks remain halted.
Eleven Chains Are Trading Again
The trading list includes AVAX, BASE, BCH, BTC, DOGE, ETH, LTC, RUNE, TRON, XRPL, and ZEC. That covers Bitcoin, Ethereum, and several other major networks, so many cross-chain swaps can move again on the protocol.
Three Chains Remain on Hold
The THORChain halted blockchains are ATOM, BSC and SOL. The post does not explain why these three are still paused. It also gives no restart date, so the timeline for swaps on those routes is unconfirmed.
Why Do 14 Active Nodes Matter for Swap Performance?
According to the post, 14 active nodes still run an older version. All active nodes need to update to 3.21.1 to fix performance issues with swapping.
That detail points to the root of the THORChain swap issues. The network depends on its active nodes to process and sign swaps, so lagging nodes can hold back performance for everyone.
The full release notes for the THORChain 3.21.1 Update are published on the project's GitLab page.
The post does not say how many active nodes the network has in total. That makes it hard to judge how large the remaining gap is in percentage terms.
Is the THORChain Monero Launch Now Closer?
Another important development in the THORChain Update is the progress toward launching Monero support through the 3.21.1 upgrade. No launch date, testing phase or technical detail came with that line.
A Monero route would add another asset to the RUNE ecosystem swap options. For now, the THORChain Monero launch remains a stated goal rather than a scheduled event.
Expert Take: What Could Decide the Next Phase?
The data suggests a recovery that is real but incomplete. Eleven chains trading against three halted chains is a clear improvement, yet the project itself says swap performance fixes depend on every active node updating.
The main uncertainty remains the speed of those 14 node updates. A second open question is whether ATOM, BSC and SOL return in the same upgrade cycle or need separate fixes. Neither point has an official answer yet.
The main risk is a longer pause on the three halted routes, which would keep liquidity for those assets away from the protocol. Any new post from the project on node progress would be the clearest signal.
Conclusion
This THORChain Update shows a network in the middle of repair. Swaps work again on 11 chains, three remain halted, and 14 active nodes still need 3.21.1.
The Monero mention adds a longer-term angle, but it carries no date. Wider cryptocurrency news around RUNE may depend on how quickly the node gap closes.
YMYL Disclaimer: This article is for information only and is not financial or investment advice. Crypto assets are volatile and carry risk, and network upgrades can change without notice. Always do your own research before making any financial decision.
