This Terra Weekly Recap is solely for informational purposes and does not constitute investment advice. The Terra ecosystem hasn’t been very informative this past week. Part of that is because the ecosystem has not had many projects and is in the process of being rebuilt. Let’s take a look at some important news from the past week with Coincu.
Network Growth
Terra Price
The price of LUNA continued to decline sharply in the past week. LUNA/BUSD opened at $4.87 and closed at $2.57, down approximately 47% in a week. Currently, the price of LUNA is still in a downtrend and next week the price may continue to fall to $1.8-$2 zone
Unique Addresses
On Terra 2.0 there were 643.28K unique addresses on it. The number of new Unique addresses created this week is 1,789 addresses.
Active Addresses
On average, there are about 5.86K active addresses on Terra every day, Down approximately 56.5% compare to last week. The number of active addresses decreased significantly over the weekend, with only about 3.2K addresses transacted.
Total Value Locked
Total value locked of Terra 2.0 is currently 1,165M. Currently, the main pieces of the puzzle of the ecosystem have not come into operation much. Therefore, the ecosystem TVL is still low.
Top Price Performance in Terra last 7D
Highlight Events
LUNA 2.0 is Now Available for Purchase Via Transak
Transak, a single integration for applications to accept fiat-to-crypto deposits from a global user base, today announces listing of Luna 2.0 with immediate effect. Users can now purchase Luna 2.0 and deposit directly to their supported Terra wallets.
Please note the following:
- Purchases are available with immediate effect.
- Asset Name: Terra 2.0
- Ticker: LUNA
- Link to buy: https://global.transak.com/
For more information: click here
DeFi Lego
New Project
STEAK
Steak is a liquid staking protocol for $LUNA. You can stake directly on https://liquidstaking.app and the protocol auto compounds your staking rewards for you. 0% fees!
Packs
Packs is a #DAO platform that enables #web3 teams to easily organize digital assets & make decisions together.
Verdict
Above are the important news in the Terra ecosystem in the past week. If you have any questions, comments, suggestions, or ideas about the project, please email [email protected]incu.com.
Find more information about Terra
Website: https://www.terra.money/
Whitepaper: https://docs.terra.money/
Twitter: https://twitter.com/terra_money
Telegram: https://t.me/terra_announcements
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Ken. N
Coincu Ventures
