Terra’s Defi value hits record high $21.8 billion, what does it mean for Luna?
Terra, the second-largest Defi blockchain, saw its total value locked (TVL) hit a new high on Tuesday amid a rising number of deposits. Defi Llama data showed that TVL on the Terra blockchain increased by roughly 5% to a new high of $21.8 billion. The blockchain is now behind only Ethereum in terms of TVL, […]
Can NEAR Token Rival Terra With Its New Stablecoin Launch?
NEAR, the eponymous protocol’s native currency soared on Tuesday as the blockchain’s long-awaited stablecoin, USN, began trading. NEAR jumped nearly 10% from a three-week low and is currently trading at about $14.8. However, the token is still down 12% over the past week as a result of broader losses in the crypto market. Trading in […]
Disclose Two Sides of Terra on 1xBit
There is an increasing acceptance of cryptocurrencies globally, which favors platforms that adopt such payment methods. 1xBit stands out from the other betting platforms today because it includes cryptocurrencies as a mode of payment. Interestingly, the betting platform recently added Luna and UST as accepted payment methods. 1xBit has always been intentional about diversity, especially […]
Terra’s LUNA records the strongest 15% bounce, UST becomes third-largest stablecoin
The Terra blockchain network has been the talk of the crypto space this year. Terra’s native cryptocurrency, LUNA, has recorded the best recovery in the last 24 hours after being a part of the broader market correction over the weekend. Terra (LUNA) is currently trading 15% up, trading for $90, with a market cap of […]
Terra’s UST Topples BUSD To Become Third-Largest Stablecoin
Although the UST market cap has increased to flip BUSD, its trading volumes are still only about one-fifth the value of the Binance digital dollar. Terra USD (UST), the algorithmic stablecoin on the Terra (LUNA) blockchain, has surpassed Binance USD (BUSD) to become the market’s third-largest stablecoin. UST is a stablecoin pegged to the US […]