The cost of the native token of the Terra ecosystem exceeded $107, setting a new all-time high.
On the chart, we see that the growth of LUNA is accompanied by a surge in trading volumes.
The market capitalization of the asset exceeded $38 billion.
Given this growth, the total TVL of the Terra ecosystem has surpassed the $29 billion mark.
The value of the LUNA asset is growing against the backdrop of active purchases of bitcoin by the non-profit organization Luna Foundation Guard (LFG) for sustainability algorithmic stablecoin UST.
By information According to Arcane Research analysts, maintaining the current pace, already in early April, LFG reserves will exceed 48,000 BTC.
Experts saw the activity of the organization as a driver of market growth.