The native crypto of the Terra blockchain ecosystem, LUNA keeps rising. Going up by over 66% in the last 7 days, the price of the token surged over $97.
Related: Terra Surpasses Binance Smart Chain by TVL, LUNA Hits New ATH
At the moment, LUNA is the 9th largest crypto with a market cap of over $36 bln.
Total value locked in Terra has gone up essentially, making it the 2nd largest chain after Ethereum. Data from DeFi Llama reveals that TVL locked in the chain is above $20.36 bln. The leading project on Terra is Anchor. It's a saving protocol with its native token ANC, which offers less volatile yields on Terra stablecoin deposits.
Along with this, the number of projects partnering with Terra is rising. Recently, smart contract protocol Near announced cooperation with Terra, due to which Terra’s stablecoin UST started operating on Near.