Blockchain project Terra and its native token LUNA have quickly moved from the sidelines to the forefront of DeFi. With over $1.9 billion in TVL, it’s the fifth largest blockchain project, trailing closely behind Avalanche.
With several major fundamental developments underway, LUNA saw its price increase by over 50% in the past week, with industry insiders believing that this is just the start of a major bull run set to take place in the following weeks.