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Over the course of the day, altcoin rose in price by 14%, and its capitalization increased to $ 36.8 billion.The growth for the month was 134%
The price of the Terra (LUNA) token has grown by 14% over the past 24 hours and has updated its all-time high above $ 100 thousand.The cryptocurrency capitalization has increased to $ 36.8 billion, according to CoinGecko. Over the month, altcoin has risen in price by 134%. At 10:20 Moscow time the Terra token is trading at $ 100.1.
This week, the total blocked value (TVL) of assets on the Terra blockchain exceeded $ 18 billion, according to DefiLama. The project took the second place in the ranking of the largest DeFi protocols, displacing Binance Smart Chain ($ 17.2 billion). At the moment, Terra is second only to Ethereum in TVL ($ 159.2 billion).
Terra is a blockchain protocol that creates fiat-pegged stablecoins. LUNA token holders can propose and vote on proposals for improving the blockchain.
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